Open
Laval Économique — Business Launch Fund
Supports new business creation and acquisition in Laval
Last Update: March 3, 2026
Funding available
$ 5,000 - $ 25,000
Timeline
- Open continuously
Location
Laval, Quebec, Canada
Overview
The Laval Économique — Business Launch Fund offers non-repayable financial contributions of up to $25,000 to support the creation and acquisition of new, for-profit businesses in Laval. Eligible activities include capital expenditures, technology acquisition, working capital for first-year operations, and inventory purchases.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Complete an acquisition or business transfer
- Optimize production processes
Eligible Funding
- Maximum amount : 25,000 $
- Minimum amount : 5,000 $
- Up to 50% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Laval
- Laval
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- 2 employees minimum
Audience
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Creation of new businesses in Laval.
- Acquisition of businesses in Laval.
Eligibility
Who is eligible?
- Private, for-profit businesses.
- Businesses in Laval.
Who is not eligible
- Companies that are not registered or incorporated entities.
- Non-profit organizations (only for-profit private companies are eligible).
- Businesses whose main activities are conducted outside the Laval territory.
- Companies acquiring a business where the applicant is already a shareholder (dependent relationship).
Eligible expenses
- Land, buildings, equipment, machinery, and incorporation fees.
- Technology acquisition, including know-how, licences, manufacturing agreements, and patents.
- Software and software packages.
Ineligible Costs and Activities
- Motorized rolling stock.
Eligible geographic areas
- Laval, Quebec.
Processing and Agreement
- Applications are reviewed by the Common Investment Committee (CIC).
- The CIC decides the amount and conditions of the assistance.
- Evaluation is done with Laval économique resources.
Additional information
- The application must include a comprehensive business plan with financial projections for at least two years.
- The evaluation of applications is conducted by a joint investment committee (CIC) in collaboration with Laval économique resources.
- Priority may be given to projects in emerging and high-potential economic sectors identified annually by Laval économique.
- Several criteria are considered in the assessment, including innovation, market competition, sustainable development objectives, and ethnocultural diversity.
Contacts
Frequently Asked Questions about the Laval Économique — Business Launch Fund Program
Here are answers to the most common questions about the Laval Économique — Business Launch Fund. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Laval Économique — Business Launch Fund?
The Laval Économique — Business Launch Fund offers non-repayable financial contributions of up to $25,000 to support the creation and acquisition of new, for-profit businesses in Laval. Eligible activities include capital expenditures, technology acquisition, working capital for first-year operations, and inventory purchases.
How much funding can be received?
Laval Économique — Business Launch Fund Funds up to 50% of admissible expenses, capped at $25,000 per project.
Who is eligible for the Laval Économique — Business Launch Fund program?
To be eligible for the Laval Économique — Business Launch Fund program, you must:
Private, for-profit business
Registered or incorporated
Main activities in Laval
What expenses are eligible under Laval Économique — Business Launch Fund?
Creation of new businesses in Laval.
Acquisition of businesses in Laval.
Who can I contact for more information about the Laval Économique — Business Launch Fund?
You can contact Laval Economique by email at e.saulnier@laval.ca or by phone at 450-978-6888.
Where is the Laval Économique — Business Launch Fund available?
The Laval Économique — Business Launch Fund program is available Laval, Quebec.
Is the Laval Économique — Business Launch Fund a grant, loan, or tax credit?
Laval Économique — Business Launch Fund is a Grant and Funding