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Source verified July 6, 2026
PME MTL — Funds for Retail businesses
Commercial entrepreneurship funding for Montreal businesses
Funding available
$ 25,000
Deadline
Open continuously
Opened April 12, 2021
Location
Montreal, Montréal, Quebec, Canada
Who can apply
A business or its promoters must be Canadian citizens, permanent residents, or hold a Certificat de sélection du Québec (CSQ).
See full eligibility
Overview
The Fonds Entrepreneuriat commercial supports commercial entrepreneurship projects for businesses or promoters in Montreal, with assistance of up to $25,000 per 12-month period and a maximum contribution of 80% of total project costs. It can finance a new business, business growth, retention on a commercial street, and models that improve attractiveness and resilience.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Reduce environmental footprint
- Access new markets
- Launch or market a product/service
Eligible Funding
- Maximum amount : 25,000 $
- Up to 80% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Montreal
- Montréal
- 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
- Setting up a new business that meets a commercial demand
- Growth or development of commercial activities
- Retention of a business on a commercial street
- Development or adoption of a model to make the business more attractive and resilient
Documents Needed
- Business plan or project summary
- Financial forecasts covering at least two full financial years
- Compilation of financial statements for the last two completed financial years, or the first financial year for companies less than two years old
Official resources
Eligibility
Who is eligible?
- A business or its promoters must be Canadian citizens, permanent residents, or hold a Certificat de sélection du Québec (CSQ).
- The business must be legally constituted as a legal person or sole proprietorship and duly registered with the Registre des entreprises du Québec (REQ).
- The business must have its place of business in Montreal and its head office in Quebec.
Who is not eligible
- Businesses that have already received a grant or other financial contribution from PME MTL for the same business project.
- Businesses that are in debt to the government for amounts owed under tax laws.
Eligible expenses
- Expenditure relating to the business project.
Ineligible Costs and Activities
- Expenses not directly related to the business project
- Projects already funded by PME MTL for the same business project
Eligible geographic areas
- Montreal
- Quebec
Selection criteria
- Applications are assessed by the joint investment committee of the relevant cluster.
- The committee evaluates the entrepreneur and the project against the fund’s objectives and requirements.
How to apply
- Step 1: Find your service area
- Enter your business postal code or select your territory to be directed to the right service centre.
- Step 2: Contact the service centre
- Use the online form to speak with an advisor about the financing options.
Processing and Agreement
- Each application is assessed by the joint investment committee (JIC) of the cluster in question.
- The committee establishes the qualifications of the entrepreneur and the project in relation to the objectives and requirements of the Fund's policy.
Additional information
- Funding depends on the availability of funds.
- The amount of financial assistance may vary from one territory to another, depending on available budgets.
- Only expenditure relating to the business project is eligible.
Contacts
Frequently Asked Questions about the PME MTL — Funds for Retail businesses Program
What is the PME MTL — Funds for Retail businesses?
The Fonds Entrepreneuriat commercial supports commercial entrepreneurship projects for businesses or promoters in Montreal, with assistance of up to $25,000 per 12-month period and a maximum contribution of 80% of total project costs. It can finance a new business, business growth, retention on a commercial street, and models that improve attractiveness and resilience.
How much funding can be received?
PME MTL — Funds for Retail businesses Funds up to 80% of admissible expenses, capped at $25,000 per project.
Who is eligible for the PME MTL — Funds for Retail businesses program?
To be eligible for the PME MTL — Funds for Retail businesses program, you must:
Registered with the REQ
Based in Montreal with head office in Quebec
Has a street-facing sales area
What expenses are eligible under PME MTL — Funds for Retail businesses?
Setting up a new business that meets a commercial demand
Growth or development of commercial activities
Retention of a business on a commercial street
Development or adoption of a model to make the business more attractive and resilient
Who can I contact for more information about the PME MTL — Funds for Retail businesses?
You can contact PME MTL (PME) by email at info@pmemtlco.com or by phone at 514 858-1018.
Where is the PME MTL — Funds for Retail businesses available?
The PME MTL — Funds for Retail businesses program is available Montréal, Quebec.
Is the PME MTL — Funds for Retail businesses a grant, loan, or tax credit?
PME MTL — Funds for Retail businesses is a Grant and Funding