How much funding can be received?

Funds up to 80% of admissible expenses.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the Laval Économique — Collective Entrepreneurship Fund?

Laval Économique — Collective Entrepreneurship Fund is funded by Laval Economique

What are Laval Économique — Collective Entrepreneurship Fund's eligibility criterias?

Be a non-profit organization (NPO or cooperative) registered with the Quebec Business Register. Conduct its main activities in Laval or plan to establish itself there. Have a significant commercial activity with at least 40% of revenue coming from the sale of goods or services.

Laval Économique — Collective Entrepreneurship Fund

Last Update: June 6, 2025

Laval, QC

Financial aid for non-profits and cooperatives launching in Laval

Laval Économique — Collective Entrepreneurship Fund at a glance

Eligible Funding

Up to 80% of project cost

Timeline

Continuous Intakes

Financing Type

Grant and Funding

Eligible Industries

All industries

Grant Providers

Laval Economique

Status

Open

Overview of the Laval Économique — Collective Entrepreneurship Fund program

The Laval Économique — Collective Entrepreneurship Fund provides up to 80% of project costs, supporting nonprofit organizations and cooperatives in Laval with a maximum contribution based on project specifics. The program aims to enhance social and economic wellbeing through funding eligible activities such as capital expenditures, technology acquisition, marketing, inventory purchase, professional fees, and training.

Financing terms and conditions

Financial participation may cover up to 80% of eligible project costs for start-up organizations and up to 70% for operating organizations.
The combined financial assistance from provincial, federal, and City of Laval sources cannot exceed 80% of eligible expenses.

Eligible projects & activities

Creation of new non-profit organizations (cooperatives or associations) or collective enterprise projects to address regional needs and improve quality of life.
Development of significant commercial activities by non-profit organizations aiming for economic viability through sales of goods or services.
Implementation of innovative collective entrepreneurship projects with a focus on responsible and sustainable development.

Examples of admissible projects:

$ 199,000

Opening a zero-waste grocery cooperative with local suppliers

$ 143,000

Developing a collective daycare centre focused on nature education

$ 198,000

Launching a shared commercial kitchen for food entrepreneurs

$ 170,000

Implementing a collective bike share with all-season equipment

$ 116,000

Creation of an inclusive arts centre for marginalized youth

$ 163,000

Developing an online resale platform for refurbished electronics

Eligibility criteria of the Laval Économique — Collective Entrepreneurship Fund program

The applicant must be a non-profit organization (cooperative or other) registered with the Registre des entreprises du Québec.
The organization must have its main activities in Laval or plan to establish itself there.
The applicant must have a board of directors governed by proper governance rules.
The project must demonstrate the ability to provide a financial contribution and secure complementary funding from other partners.
The organization must have or plan to achieve significant commercial activity (at least 40% of total revenues from goods or services) and show economic viability by the third year for startups.

Who is eligible?

Non-profit organizations (including cooperatives) registered in Quebec
Retail businesses in downtown Laval
Restaurants and accommodation businesses in downtown Laval
Companies in the manufacturing, high-tech, tourism, transport, and logistics sectors

Who is not eligible

For-profit companies (only non-profit organizations and cooperatives are eligible).
Companies not registered with the Quebec Enterprise Register.
Businesses without significant commercial activities (less than 40% of revenues from goods or services for operational organizations or projected within three years for start-ups).
Companies whose main activities are not or will not be based in Laval.

Eligible expenses

Purchase of land or buildings, leasehold improvements, equipment, and machinery.
Acquisition of vehicles or rolling stock.
Incorporation fees and similar start-up costs.
Acquisition of technologies, including know-how, manufacturing licenses or agreements, patents, websites, and software.
Marketing, advertising, and commercialization expenses.
Working capital (up to 50% of project costs).
Purchase of inventory, including raw materials, work-in-process, and finished goods.
Training costs and purchase of educational materials.
Professional fees.
Other project-specific expenses deemed relevant.

Eligible geographic areas

City of Laval (companies operating in Laval or intending to establish operations in Laval)

Eligibility criteria of the Laval Économique — Collective Entrepreneurship Fund program

The project is evaluated by a selection committee composed of external experts who determine the amount and conditions of financial assistance in collaboration with Laval Économique’s resources.
The committee assesses whether the financial aid from the Collective Entrepreneurship Fund complements or enhances the financial plan of the enterprise or project to ensure its feasibility.
The enterprise or project must demonstrate good prospects for sustainable development, viability, and long-term sustainability.

How to apply to the Laval Économique — Collective Entrepreneurship Fund program

Verify eligibility requirements

Verify that your organization is a non-profit (NPO or cooperative) registered in the Quebec Enterprise Register
Ensure your main activities are in Laval or plan to establish in Laval
Confirm governance compliance with a board of directors following good governance practices

Prepare financial documentation

Prepare documents showing your ability to provide financial contributions and secure complementary funding from other partners
Demonstrate that the fund’s financial assistance will not exceed 80% (startups) or 70% (operating entities) of total project costs
Show that combined government financial assistance will not exceed 80% of eligible expenses

Prepare the business plan

Compile a business plan detailing project objectives, eligible expenses (e.g., equipment, technologies, marketing, working capital), and expected economic viability
Describe the market activity, aiming for at least 40% of revenues from commercial activities in operations or by year three for startups
Demonstrate good prospects for sustainable development and operational viability

Submit application and consult advisor

Contact Laval Économique to discuss your project with a business advisor, such as the Social Economy Commissioner
Submit your completed documentation and business plan for evaluation
The project will be assessed by a selection committee of external experts who determine the funding conditions

Additional information

The selection committee includes external experts and works in collaboration with Laval Économique resources.
The combined financial assistance from provincial, federal, and City of Laval sources cannot exceed 80% of eligible costs.
Evaluation is based on the project's feasibility and prospects for sustainable development and viability.