Business takeover aid
This page presents business takeover aid, its aim, the operations mentioned in the catalogue and the main checks to carry out. Eligibility depends on the beneficiary, the territory, the expenditure accepted and the rules in force at the time of applying.
Business takeover aid is aimed at project owners wishing to explore support for their activity. The scheme aims to facilitate business transfers/takeovers and the retention of know-how in priority sectors of the local economy requiring significant financing. Before committing expenditure, check the criteria and the version of the rules with the Communauté de communes Creuse Sud-Ouest.
Funded by CC Creuse Sud-Ouest
Run a personalised scan to identify the public grants and funding your company may be able to access.
Who can apply
Beneficiaries mentioned: micro-businesses and SMEs. Eligible sectors: local shops and service activities with sales, permanent, sedentary, receiving the public and with a sales area below 300 m² — food (general food store, butcher-delicatessen, bakery-pastry, etc.); cafés, hotels and restaurants (sedentary on-site or takeaway catering, hotel-restaurants, drinking establishments alone or with complementary activities such as games, tobacco, press, etc.); personal and household goods and equipment; retail of pharmaceutical, medical or orthopaedic products; services and body care (laundry and/or dry cleaning, hairdressing, beauty care, well-being, funeral services, gyms); pet services (pet shops, grooming salons); sale, repair and maintenance of cars, motorcycles, bicycles, garden and agricultural machinery, roadworthiness testing, etc. Production activities — manufacturing/processing of raw materials: industrial sectors including agri-food industries and services to industry; construction crafts; food processing (not located on the farm or at home, in individual or collective facilities, with processing and marketing necessarily combined, and only when carried by a commercial company — excluding sole proprietorships and agricultural statuses). Crafts: building (structural and finishing works); earthworks and roads and utilities firms; landscaping (excluding green space maintenance). Forestry and production/sale of forest plants and other trees (including nurseries): excluding forestry groups, logging, forestry cooperatives and personal services for green space maintenance and small DIY jobs. The territory associated with this page is territorial aid. Check the legal form, size, location and any length of existence required by the official rules.
Eligibility conditions
Conditions listed in the catalogue: the beneficiary must contribute at least 10% of the total eligible financing need, excluding bank loans. For first projects, the entrepreneur must follow a support programme before the takeover with a qualified organisation, and provide a complete business plan. For existing businesses wishing to develop by taking over an existing business, the beneficiary must provide with the aid application a simplified business plan presenting the project (offer of activities and services, organisation, headcount, customers) and the quantified benefits and other qualitative impacts linked to the takeover. This information should be checked against the official rules in force, notably for exclusions, combination of aid and tax and social security obligations.
What the scheme covers
Operations or expenditure mentioned: expenditure making up the initial forecast financing need for the takeover: intangible assets, tangible assets (including the tangible assets of the business taken over), working capital requirement, etc. Do not treat any expenditure as eligible without written confirmation from the funder, especially if it has already been committed or invoiced.
Amount and funding terms
Amount indicated in the catalogue: a grant of up to 30% of eligible expenditure, capped at €20,000 excluding VAT; a grant of up to 40% of eligible expenditure, capped at €50,000 excluding VAT, for the following sectors: craft butchers and delicatessens; craft bakeries and pastry shops; cafés and hotels; restaurants whose main activity is catering; retail of pharmaceutical products; forestry and production/sale of forest plants and other trees. The final amount depends on the recognised base, the caps and the funder’s rules; have these confirmed before building the financing plan.
How to apply
Start by checking the criteria with the Communauté de communes Creuse Sud-Ouest. Prepare a project description, a detailed budget, a timetable, quotes and the business’s supporting documents. Ask for the official list of documents and confirm whether a prior discussion or applying before starting is compulsory.
Timeline
No end date is given in the source catalogue, which is not enough to confirm that the scheme is open today. Check the updated timetable, the deadline and the rules on committing expenditure with the funder.
Key facts
- Funder
- CC Creuse Sud-Ouest
- Type of funding
- Grant
- Status
- Ongoing
- Maximum amount
- €50,000
- Automatically extracted — check the official source
- Funding rate
- 40%
- Automatically extracted — check the official source
- Geographic scope
- Not specified
Frequently asked questions
Which takeover projects are covered by business takeover aid?
This page concerns a takeover project, with the aim to facilitate business transfers/takeovers and the retention of know-how in priority sectors of the local economy requiring significant financing. Check that the target, the buyer and the timetable of the operation meet the scheme’s criteria before signing or finalising the transaction.
Who can submit the takeover application?
The catalogue mentions: micro-businesses and SMEs. Eligible sectors: local shops and service activities with sales, permanent, sedentary, receiving the public and with a sales area below 300 m² — food (general food store, butcher-delicatessen, bakery-pastry, etc.); cafés, hotels and restaurants (sedentary on-site or takeaway catering, hotel-restaurants, drinking establishments alone or with complementary activities such as games, tobacco, press, etc.); personal and household goods and equipment; retail of pharmaceutical, medical or orthopaedic products; services and body care (laundry and/or dry cleaning, hairdressing, beauty care, well-being, funeral services, gyms); pet services (pet shops, grooming salons); sale, repair and maintenance of cars, motorcycles, bicycles, garden and agricultural machinery, roadworthiness testing, etc. Production activities — manufacturing/processing of raw materials: industrial sectors including agri-food industries and services to industry; construction crafts; food processing (not located on the farm or at home, in individual or collective facilities, with processing and marketing necessarily combined, and only when carried by a commercial company — excluding sole proprietorships and agricultural statuses). Crafts: building (structural and finishing works); earthworks and roads and utilities firms; landscaping (excluding green space maintenance). Forestry and production/sale of forest plants and other trees (including nurseries): excluding forestry groups, logging, forestry cooperatives and personal services for green space maintenance and small DIY jobs. Have it confirmed whether the application must be made by the buyer, the company taken over or another structure, and when it must be submitted.
Which financial information should be prepared for a takeover?
Prepare the financing plan, the sale price and scope, the target’s accounts, investment needs, the jobs concerned and the contributions. The exact list of documents and the eligible expenditure should be validated with the funder.
Can the aid be treated as secured before the takeover?
No. A catalogue entry is neither an award decision nor confirmation that the scheme is open. Obtain confirmation of the criteria, the timetable and whether you can apply before the operation takes place.
Official source
No official URL is available in our data for this grant.
Other grants of type “grant”
Other grants from CC Creuse Sud-Ouest
Related needs and funding
Competitive calls for projects
Ecological transition and CSR
Capital and investment funds
Support and acceleration
Diagnostics and audits
Takeover and transfer
Discover the funding that fits your company
Check your eligibility for public grants
This scheme is only one of the grants your company may be able to access. Run a personalised scan to identify the funding opportunities that match your activity, location and project.
See the opportunities identified by the scan, then access your personalised report.