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.
Official resources
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.
Selection criteria
- Management experience or relevant training.
- Creation or commitment to create two full-time jobs within 12 months.
- Good prospects for viability and profitability.
- Complete business plan with at least 2 years of financial forecasts.
- Project analysis considers competition, added value, sustainable development, innovation, export potential, and ethnocultural diversity.
How to apply
- Step 1: Contact Laval ÉconomiqueReach out to the Information Officer, Emmanuelle Saulnier, by phone at 450-978-6888 (ext. 6990) or 438-349-0930, or by email at e.saulnier@laval.ca to inquire about submitting an application and obtain required forms.
- Step 2: Prepare Application PackageAssemble a complete business plan including financial projections for at least 2 years.
- Compile supporting documents related to your project and financing needs.
- Step 3: Complete Application FormFill out the Fonds créateur d’entreprise application with all requested information regarding your business, project, and financial details.
- Step 4: Submit ApplicationSend the application package and all required documentation following the instructions provided by Laval Économique or as directed by the Information Officer.
- Step 5: Application ReviewYour project will be evaluated by the Common Investment Committee (CIC) in collaboration with Laval Économique resources.
- Step 6: Await Decision and NotificationReceive notification of the decision and information about any granted funding and next steps, if applicable.
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
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