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Source verified August 24, 2026
Laval Économique — Business Launch Fund
Supports new business creation and acquisition in Laval
Latest source updateLast Update: July 10, 2026Latest change: The Business Launch Fund page now shows detailed program conditions, a maximum grant of $25,000, and related program cards with deadlines and target sectors.View change
Latest source update
Last Update: July 10, 2026
Latest change: The Business Launch Fund page now shows detailed program conditions, a maximum grant of $25,000, and related program cards with deadlines and target sectors.
Business Launch Fund content updated
The Business Launch Fund page now shows the program details, including grants of up to $25,000, assistance capped at 50% of project costs, and the requirement that combined non-repayable and repayable public contributions from governments and Ville de Laval not exceed 50% of project costs. It also adds visible eligibility and scope information for the fund, including private for-profit businesses registered or incorporated in Laval, projects supported by a complete business plan, and support for fixed assets, incorporation costs, and certain technology acquisitions. The page also now surfaces related program cards with deadlines and amounts, including Export+ Fund up to $10,000 through May 28, 2026, Tech shift – retail up to $15,000 until available funds are exhausted, and Sustainable transition up to $25,000 until available funds are exhausted.
Funding available
$ 5,000 - $ 25,000
Deadline
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
Funds Providers
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
- The creation of a legally constituted for-profit business, with an application submitted during the first 2 years.
- The acquisition of all shares of a business started less than 2 years ago.
Documents Needed
- A complete business plan including projected financial statements for a minimum of 2 years.
Official resources
Eligibility
Who is eligible?
- Private for-profit businesses.
- Registered or incorporated businesses.
- Businesses being created during their first 2 years of existence.
- Projects for the acquisition of all shares of a business started less than 2 years ago.
- Businesses whose head office and main activities are or will be in Laval territory.
Who is not eligible
- In the case of a business acquisition, applicants who are already shareholders of the target business are not eligible.
Eligible expenses
- Fixed assets such as land, building, equipment, machinery, incorporation costs, and any other expense of the same nature.
- The acquisition of technologies, including know-how, licenses, manufacturing agreements, and patents.
- Software or software packages.
Ineligible Costs and Activities
- Motorized rolling equipment.
Eligible geographic areas
- Laval, Quebec.
Selection criteria
- The project's direct and indirect competition.
- Added value, innovation, and export potential.
- The inclusion, in the business model, of sustainable development and greenhouse gas reduction objectives.
- Ethnocultural diversity.
- Certain emerging and promising sectors of activity are prioritized based on Laval's economic landscape.
Processing and Agreement
- The project is evaluated by a joint investment committee (CIC), which rules on the amount and conditions of the assistance granted in collaboration 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
Availability timeline
2026
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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.
What is the deadline to apply?
The program is accepting continuous intake
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?
The creation of a legally constituted for-profit business, with an application submitted during the first 2 years.
The acquisition of all shares of a business started less than 2 years ago.
Who can I contact for more information about the Laval Économique — Business Launch Fund?
You can contact Laval Economique by email at m-a.fontaine@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.