Closed
Montréal Microcredit — Impact+ Fund
Repayable growth financing for Montreal businesses
Last Update: June 3, 2026
Funding available
$ 20,000 - $ 50,000
Timeline
- Receipt of requests is now closed
Location
Montreal, Montréal, Quebec, Canada
Overview
Repayable growth financing for existing Montreal businesses in eligible boroughs. Offers loans from $20,000 to $50,000 plus personalized support for companies excluded from conventional financing.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase production or service capacity
- Increase operational productivity
- Strengthen organizational capacity
Eligible Funding
- Maximum amount : 50,000 $
- Minimum amount : 20,000 $
Timeline
- Receipt of requests is now closed
Eligible candidates
Eligible Industries
- All industries
Location
- Montreal
- Montréal
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Growth and development of existing businesses in Montreal
Documents Needed
- Personal notices of assessment for the last 3 years
- Project documents
- Eligibility form received by email
Official resources
Eligibility
Who is eligible?
- Existing businesses in Montreal
- Businesses in growth phase
- Businesses in Côte-des-Neiges–Notre-Dame-de-Grâce, Plateau Mont-Royal, Outremont, Ville-Marie, or Westmount
Who is not eligible
- Accepted refugees
- Temporary workers
- Businesses outside the eligible Montreal boroughs
Ineligible Costs and Activities
- Export projects
- Pre-startup technology projects
- Franchise purchases and multi-level sales
- Projects with degrading sexual, religious, or political content
- Projects with negative social or environmental impacts
Eligible geographic areas
- Côte-des-Neiges–Notre-Dame-de-Grâce
- Plateau Mont-Royal
- Outremont
- Ville-Marie
- Westmount
How to apply
1
Review fund eligibility
- Watch the explanatory video about the Impact+ Fund.
- Review the official eligibility criteria for existing Montreal businesses in the eligible districts.
2
Prepare eligibility documents
- Complete the eligibility form received by email.
- Prepare your personal notices of assessment for the last three years.
3
Meet an advisor
- Book a 30-minute exploratory Zoom meeting with an advisor.
- Use this meeting to confirm the fit of your financing request.
4
Submit loan application
- Complete the loan application.
- Provide the documents related to your project.
5
Await review decision
- Your file is analyzed by Microcredit Montreal.
- The application is presented to the investment committee.
6
Sign and receive support
- If approved, sign the loan contract.
- Receive follow-up support after the agreement is completed.
Processing and Agreement
- Applications are first checked for eligibility.
- Files are reviewed and analyzed after submission.
- Applicants present their case to the investment committee.
- If approved, the loan contract is signed.
- Follow-up support is provided after approval.
Additional information
- Advisory support is included.
- The application process can take up to 6 weeks after all documents are received.
Contacts
Frequently Asked Questions about the Montréal Microcredit — Impact+ Fund Program
What is the Montréal Microcredit — Impact+ Fund?
Repayable growth financing for existing Montreal businesses in eligible boroughs. Offers loans from $20,000 to $50,000 plus personalized support for companies excluded from conventional financing.
How much funding can be received?
Montréal Microcredit — Impact+ Fund Funds up to $50,000 of admissible expenses.
Who is eligible for the Montréal Microcredit — Impact+ Fund program?
To be eligible for the Montréal Microcredit — Impact+ Fund program, you must:
Existing growth-stage business
Located in eligible Montreal boroughs
Excluded from conventional financing
What expenses are eligible under Montréal Microcredit — Impact+ Fund?
Growth and development of existing businesses in Montreal
Who can I contact for more information about the Montréal Microcredit — Impact+ Fund?
You can contact Montréal Microcredit by email at info@microcreditmontreal.ca or by phone at 514 843-7296.
Where is the Montréal Microcredit — Impact+ Fund available?
The Montréal Microcredit — Impact+ Fund program is available Montréal, Quebec.
Is the Montréal Microcredit — Impact+ Fund a grant, loan, or tax credit?
Montréal Microcredit — Impact+ Fund is a Expert Advice