Eligibility Requirements
Transfer must involve an owner who wants to transfer their business to one or more successors wishing to participate in the management and ownership activities of the company during the acquisition process.
- The Business Transfer Awards contest is limited to privately held Quebec businesses
- At least one successor must be a family member
- The acquirer has obtained a shareholding that results in significant influence over the company’s strategic decisions.
- The transfer must have taken place within the last 10 years
- You must not have submitted an application for a previous edition.