Laval Économique offers a subsidy program for retail, restaurant, and hospitality businesses in downtown Laval to support their digital transformation. The program covers up to 50% of digital and technological equipment costs, up to $37,500. Eligible businesses must have been operational for at least two years and meet specific NAICS codes. Supported projects include automation, AI, and digital systems to enhance competitive edge. A documented strategic plan is required for application, and commitments should not be made prior to approval.

Eligibility criteria

Here are the eligibility criteria for the Fonds créateur d’entreprise:

Entrepreneurs who have started a new business or acquired an existing one
Seeking financing for their ventures

Who is eligible

This grant is specifically designed for entrepreneurs who have started a new company or acquired an existing one and are looking for financing.

Eligible expenses

There are eligible expenses for this grant that include:

Funding for starting a new business or acquiring an existing one
Support for optimization of automation and robotization processes for local organizations
Participation in crowdfunding initiatives through La Ruche

Eligible projects & activities

Automation
Robotization
Virtual reality
Augmented reality
Artificial intelligence
NFC
Internet of things
Smart kiosk
Specialized software
Computer systems
Electronic inventory control
Digital cash register
Automated checkout
Cashless shopping
Interactive screen
Digital signage
CRM
Access control
RFID home automation
Security systems
Computer vision

Eligible geographic areas

Centre ville de Laval (voir docuement officiel)

Additional information

This program consists of personalized support for companies in partnership with various public and private players in the Laval economic ecosystem. The program is divided into three phases:

Phase I
Diagnosis Phase II
Development of an implementation plan Phase III
Bringing the project to fruition In Phase III,

The company can apply for financial assistance by submitting the required documents to Laval Economic:

Completed application form
Financial statements for the last two fiscal years
Diagnostic
Implementation plan

Documents and links

Virage techno - shops, restaurants and accommodation downtown

Contact information

450 978-6888 / 6461

Apply to this program

Grant for Entrepreneurship and Business Acquisition

Unlocking Opportunities for Entrepreneurs: The Fonds Créateur d’Entreprise

The Fonds Créateur d’Entreprise is a vital resource that aims to fuel the establishment and acquisition of businesses. Whether you are launching a new venture or acquiring an existing one, this grant provides much-needed financial support to bring your entrepreneurial vision to life in Laval.

With a focus on accelerating opportunities, the Virage Techno – Manufacturier program assists Laval-based enterprises in enhancing their operations through automation and robotization. By optimizing technological advancements, businesses can streamline processes and boost productivity in a rapidly evolving marketplace.

For those seeking alternative funding avenues, La Ruche, supported by Desjardins, offers a Quebec-based crowdfunding platform that caters to businesses, organizations, and individuals. This collaborative initiative fosters a supportive ecosystem for entrepreneurial endeavors, empowering the community to thrive and innovate.