Evaluation criteria

Applications will be evaluated according to the following criteria:

The successor’s entrepreneurial profile:

• aptitudes and competencies
• strengths and weaknesses
• how the project factors in social, societal and environmental conditions

The business transition planning and the successor’s readiness to take over:

• meetings between the parting owner and the successor
• the assessment of the business
• training, meeting with experts, etc.

The transition process and the transfer of ownership:

• the change in ownership, management and leadership
• relationships with the suppliers, clients and partners
• the role played by the parting owner, external advisors, experts, etc.

The business development plan:

• the post-transition vision of the business
• short-, medium- and long-term objectives
• the strategies in place to meet goals, etc.

The company’s financial position.

The local and regional socioeconomic benefits resulting from the business’s transfer of ownership.