Eligibility

Any inactive business that has resumed its operations owing to the efforts of one or more new majority owners (50% + 1) in the period from January 1, 2011, to March 19, 2012.

Note: The act of purchasing a building and relevant equipment does not in and of itself constitute a business transition. Other factors must be taken into consideration, including the business’s employees, its clientele and the industry.

Any individual (or group of individuals) aged 18 or older, residing in Québec and having Canadian citizenship or permanent resident status, who has assumed (at least) majority ownership (50% + 1) of the business in the period from January 1, 2011 to March 19, 2012, and who exercises an active role in the management and operation of the business.