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
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
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
Here are answers to the most common questions about the Montréal Microcredit — Impact+ Fund. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
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