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Source verified April 29, 2026
MicroEntreprendre Laval — Financing for entrepreneurs
Microcredit and support for underrepresented Laval entrepreneurs
Offered by
Funding available
$ 500 - $ 20,000
Deadline
Open continuously
Location
Laval, Quebec, Canada
Overview
MicroEntreprendre Laval offers microcredit financing of up to $20,000 to support the startup and consolidation of businesses for individuals facing barriers to traditional credit. The program provides loans, business validation support, and personalized guidance for entrepreneurs from underrepresented or low-income backgrounds.
/100
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
- Conduct research and development activities
Eligible Funding
- Maximum amount : 20,000 $
- Minimum amount : 500 $
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Laval
- Quebec
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Canadians
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Starting a new business.
- Consolidating or strengthening an existing business.
Eligibility
Who is eligible?
- Entrepreneurship projects led by individuals with low income
- Entrepreneurship projects by Employment Insurance recipients
- Entrepreneurship initiatives by social assistance recipients
- Entrepreneurship ventures by single-parent families
- Entrepreneurship activities by immigrants and visible minorities
Eligible geographic areas
- Laval, Quebec
Selection criteria
- Submission of a business plan and budget forecasts.
- Presentation of the project to the loan committee.
- Decision based on the conditions set by the loan committee.
How to apply
- Step 1: Information MeetingSchedule and attend an individual information meeting with a MicroEntreprendre Laval (SOCLE) advisor.
- Step 2: Submit Your Application FilePrepare and submit a business plan and financial forecasts (budget projections).
- Step 3: Present to Loan CommitteePresent your application to the loan committee, which consists of 4 to 5 professionals from the Laval business community.
- Step 4: Loan ApprovalThe loan committee reviews your file and makes a decision regarding the granting of the loan based on their established conditions.
- Step 5: Ongoing SupportReceive personalized support and guidance from MicroEntreprendre Laval throughout the repayment period of the loan.
Additional information
- Personalized and individual support is provided throughout the financing period.
- Consultations with management and financing advisors are available at no cost.
- Applicants may be referred to other funding sources through partner networks.
Frequently Asked Questions about the MicroEntreprendre Laval — Financing for entrepreneurs Program
What is the MicroEntreprendre Laval — Financing for entrepreneurs?
MicroEntreprendre Laval offers microcredit financing of up to $20,000 to support the startup and consolidation of businesses for individuals facing barriers to traditional credit. The program provides loans, business validation support, and personalized guidance for entrepreneurs from underrepresented or low-income backgrounds.
How much funding can be received?
MicroEntreprendre Laval — Financing for entrepreneurs Funds up to $20,000 of admissible expenses.
Who is eligible for the MicroEntreprendre Laval — Financing for entrepreneurs program?
To be eligible for the MicroEntreprendre Laval — Financing for entrepreneurs program, you must:
Entrepreneurs with low income or receiving employment insurance or social assistance
Start-ups or businesses needing consolidation
Businesses unable to access traditional credit
What expenses are eligible under MicroEntreprendre Laval — Financing for entrepreneurs?
Starting a new business.
Consolidating or strengthening an existing business.
Who can I contact for more information about the MicroEntreprendre Laval — Financing for entrepreneurs?
You can contact Laval Community Lending Society (SOCLE).
Where is the MicroEntreprendre Laval — Financing for entrepreneurs available?
The MicroEntreprendre Laval — Financing for entrepreneurs program is available the province of Quebec.
Is the MicroEntreprendre Laval — Financing for entrepreneurs a grant, loan, or tax credit?
MicroEntreprendre Laval — Financing for entrepreneurs is a Expert Advice