How much funding can be received?

Funds up to 7500% of admissible expenses.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the ADM Fund / 375 idea?

ADM Fund / 375 idea is funded by City of Montreal (MTL)

What are ADM Fund / 375 idea's eligibility criterias?

The business must be majority owned by shareholders aged 18 to 40, who are Canadian citizens, permanent residents, or hold a Québec selection certificate (CSQ). The head office must be located within the City of Montréal territory. The company must have reached 100% of its crowdfunding target on La Ruche, with a minimum amount of $3,750, since January 1, 2017.

ADM Fund / 375 idea

Last Update: July 22, 2025

Montréal, QC

Empower your entrepreneurial journey with the Fonds ADM / 375 idées program's generous funding!

ADM Fund / 375 idea at a glance

Eligible Funding

Max. $7,500

Timeline

Open Date : January 1, 2017

Financing Type

Loans and Capital investments

Eligible Industries

All industries

Grant Providers

City of Montreal (MTL)

Program status

Open

Overview of the ADM Fund / 375 idea program

Le Fonds ADM / 375 idées s'engage à propulser la nouvelle génération d'entrepreneurs montréalais en les soutenant financièrement dans la concrétisation de leurs projets. Son ambition est de stimuler l'innovation et le dynamisme économique en offrant un appui concret à 375 entrepreneurs d'ici la célébration du 400e anniversaire de la métropole.

Financing terms and conditions

The Fonds ADM / 375 idées offers supportive financial terms to help foster the growth and success of young entrepreneurs in Montréal. These terms are designed to provide a manageable and effective way for entrepreneurs to leverage financial support.

$7,500 loan available to qualifying entrepreneurs.
Advantageous interest rate set at 2%.
Initial 6-month holiday from both interest and principal repayments.
Loan to be refunded over a period of 2 years, in 24 monthly instalments following the repayment holiday.

Eligible projects & activities

The Fonds ADM / 375 idées grant is tailored to assist young entrepreneurs in Montréal who are in the early stages of establishing or growing their businesses. This financial support is aimed at diverse projects ranging from pre-start to start-up phases.

Entrepreneurial projects that are in the pre-start phase, demonstrating potential for viability and profitability.
Start-up initiatives that have been operational for less than two years, focusing on innovative solutions.
Business ventures in the growth phase, still within a two-year window since inception, aiming to scale operations.

Examples of admissible projects:

$ 7,500

Creating a social media platform for local artists to connect and collaborate

$ 7,500

Setting up a community garden project to encourage urban farming

$ 7,500

Developing a mobile app to boost local tourism neighborhoods

$ 7,500

Opening a zero-waste grocery store to promote sustainable living

$ 7,500

Launching an eco-friendly clothing line for young adults

$ 7,500

Establishing a coffee shop that employs young adults with disabilities

Eligibility criteria of the ADM Fund / 375 idea program

Eligibility for the Fonds ADM / 375 idées grant is based on specific criteria related to the business ownership and project status.

The company must be majority owned by shareholders between 18 and 40 years old, with a majority being Canadian citizens, permanent residents, or holding a Québec selection certificate (CSQ).
The company's head office must be located within the City of Montréal territory.
The company must have successfully reached 100% of its crowdfunding target of at least $3,750 on the Québec platform La Ruche since January 1, 2017.
The business must be in the pre-start phase, start-up, or experiencing growth for less than two years.
An executive summary of the business plan (2-3 pages) must be presented, demonstrating high potential for viability and profitability.

Who is eligible?

Young entrepreneurs between the ages of 18 and 40 who are Canadian citizens, permanent residents, or hold a Québec selection certificate (CSQ) and have their head office located in Montréal can apply for the Fonds ADM / 375 idées grant. The business must also be in the pre-start, start-up, or early growth phase, with less than 2 years of operation, and have completed a successful crowdfunding campaign.

Who is not eligible

Some types of companies that are not eligible for the Fonds ADM / 375 idées grant include:

Companies majority owned by shareholders outside the age range of 18-40
Companies with shareholders who are not Canadian citizens, permanent residents, or have a Quebec selection certificate

Eligible expenses

This grant supports young entrepreneurs in Montréal through financial assistance to help launch and develop their innovative business projects. The eligible projects are those that demonstrate high potential for viability and profitability while being in the early stages of development.

Innovative pre-start phase business projects showing promise for future success.
Start-up businesses in the early stages of operation.
Growth-phase projects that have been in existence for less than two years and are expanding operations.

Eligible geographic areas

This grant is specific to companies with their head office located within a particular territorial jurisdiction. Eligible applications must meet the regional requirements outlined by the grant.

City of Montréal territory.

Eligibility criteria of the ADM Fund / 375 idea program

The selection criteria for the Fonds ADM / 375 idées grant are as follows:

Majority ownership by shareholders between 18 and 40 years old who are Canadian citizens, permanent residents, or hold a Québec selection certificate
Head office located in the City of Montréal territory
Reached 100% of crowdfunding campaign on La Ruche platform (minimum $3,750) since January 1, 2017
In pre-start, start-up, or growth phase for less than 2 years
Presentation of a 2-3 page executive summary demonstrating high potential for viability and profitability

How to apply to the ADM Fund / 375 idea program

Verification of eligibility criteria

Ensure that the shareholders are primarily held by young people aged between 18 and 40 years and Canadian citizens or holders of a CSQ.
Confirm that the company's head office is in Montreal.
Verify that the crowdfunding campaign has succeeded on the La Ruche platform with a minimum of $7,500 since September 1, 2019.
Confirm that the project is in pre-startup, startup, or growth for less than 2 years.

Preparation of the submission file

Write an executive summary of 2-3 pages of the business plan demonstrating the viability and profitability of the project.
Gather any necessary evidence of the achievement of the crowdfunding campaign.

Submission of the application

Identify the method of submitting the application via the website of the Young Chamber of Commerce of Montreal or another appropriate channel.

Confirmation and follow-up

Wait for confirmation of the receipt of the request.
Keep a copy of all submitted documents for your records.

Additional information

Here are additional relevant details for this grant:

The Fonds ADM / 375 idées is an initiative involving key partnerships, including the Junior Chamber of Commerce of Montréal, Aéroports de Montréal, the Board of Governors of the 375th anniversary of Montréal, La Ruche, and CloudRaker.
Interest and principal payment holidays are offered for the first six months, which can provide cash flow relief during the initial stages of project development.

Apply to this program