grant_single_labels_website|summary

grant_single|eligibleFinancing
  • grant_single|fromMinToMax
grant_single|deadlines
  • grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
Loans and Capital investments
grant_single|eligibleIndustries
  • grant_single|allIndustries
grant_single|grantors
  • PME MTL
grant_single|status
grant_card_status|open

grant_single_labels_website|preview

Your new community-based venture may be eligible to receive $23,000 in loans and subsidies.

grant_single_labels_website|terms_and_conditions

This grant provides a structured financial assistance package aimed at supporting new community-based businesses on Montréal Island. The financing is designed to ensure these enterprises have access to necessary subsidies, grants, and loans.
  • A $3,000 subsidy from the Caisse d’économie solidaire Desjardins.
  • A $10,000 grant from PME MTL through the Fonds de développement de l’économie sociale.
  • A $10,000 loan from PME MTL, the Caisse d’économie solidaire Desjardins, or another partner in the social economy network.

grant_single_labels_website|projects

This grant supports new community-based businesses in their early development stages on Montréal Island. It aims to provide financial assistance for foundational and operational activities to ensure economic viability.
  • Support for creating and refining a comprehensive business plan demonstrating economic viability.
  • Initial funding to cover early business expenses and development activities.
  • Financing support for membership with the Caisse d’économie solidaire.
grant_single|admissibleProjectsExample

$ 23,000

Establishing a community-based recycling center to promote environmental sustainability

$ 23,000

Developing a community makerspace to boost local craftsmanship and innovation

$ 23,000

Launching a health-focused community café with sustainable practices

$ 23,000

Opening of a local artisan bakery with a focus on organic ingredients

grant_single_labels_website|admissibility

To be eligible for the Fonds Jeunes entreprises collectives financing, community-based businesses must meet specific criteria as outlined below.
  • Be a new community-based business (less than 5 years old).
  • Operate the business on Montréal Island.
  • Be a member of the Caisse d’économie solidaire or be prepared to join.
  • Submit a business plan showing that the enterprise is economically viable.

grant_eligibility_criteria|who_can_apply

Eligible community-based businesses for this grant must be new (less than 5 years old), operate on Montréal Island, be a member of the Caisse d’économie solidaire or willing to join, and demonstrate economic viability in their business plan.
  • New community-based businesses (less than 5 years old)
  • Operating on Montréal Island
  • Membership in the Caisse d’économie solidaire or willingness to join
  • Presentation of an economically viable business plan

grant_eligibility_criteria|who_cannot_apply

Some companies may not be eligible for this grant. Eligibility criteria include:
  • Companies older than 5 years
  • Companies operating outside Montréal Island
  • Companies not willing to become a member of the Caisse d’économie solidaire
  • Companies lacking an economically viable business plan

grant_eligibility_criteria|eligible_expenses

The Fonds Jeunes entreprises collectives grant offers financing for eligible community-based businesses. Eligible expenses for this grant include:
  • Startup costs
  • Operational expenses
  • Marketing and promotion

grant_eligibility_criteria|zone

This grant is targeted at community-based businesses specific to a defined geographical area within a region. Eligible locations are restricted to align with local socio-economic development initiatives.
  • Businesses operating on Montréal Island.

grant_single_labels_website|criteria

Every application for the Fonds Jeunes entreprises collectives grant is reviewed by the joint investment committee (CIC) to assess the entrepreneur's qualifications and the viability of the business plan within the fund's objectives and requirements.
  • New community-based business (less than 5 years old)
  • Operate the business on Montréal Island
  • Be a member of the Caisse d’économie solidaire or be prepared to join
  • Submit a business plan demonstrating economic viability

grant_single_labels_website|apply

1
Verification of eligibility
  • Ensure that the company is a cooperative or a non-profit organization (NPO) that has been in existence for less than 5 years.
  • Verify that the company receives support from a recognized partner with a positive recommendation.
  • Confirm that the company has obtained financial contributions of at least $20,000 and expects revenues of at least $50,000.
  • Choose the Caisse d'économie solidaire as the main financial institution.
2
Identification of the service center
  • Enter the company's postal code to find the appropriate service center.
  • Get to know the experts in your area.
3
Preparation of the request
  • Write a proposal including the project and its objectives.
  • Gather all necessary documents and evidence of financial support.
4
Submission of the request
  • Contact the service department to obtain specific instructions regarding the submission of the request.
  • Send all required documents to the common investment committee (CIC) of the involved department.
5
Confirmation and follow-up
  • Receive a confirmation of receipt of your request from the services department.
  • Follow up on any feedback or request for additional information from the investment committee.

grant_single_labels_website|documents

PME MTL — New Community Businesses

Apply to this program

More grants like this

PME MTL — Commerce X Design
Grant and FundingExpert Advicegrant_card_status|open
Montréal, Quebec
Financial support for business design integration and revitalization
Subsidy for universal access to businesses
Grant and Fundinggrant_card_status|closed
Montréal, Quebec
The PAAC aids retailers in making their buildings accessible to customers with limited mobility.
Commerce-Montreal
Grant and Fundinggrant_card_status|open
Montréal, Quebec
Financial support for renovating commercial spaces in Montréal
EPRTNT Assistance Program
Grant and Fundinggrant_card_status|closed
Montréal, Quebec
Grant for tourism development in Montreal region
MT Lab — Project financing program — Component 1: Strategic support
Grant and Fundinggrant_card_status|open
Montréal, Quebec
Grant for strategic support in Quebec's tourism industry
PME MTL — Industrial and sustainable development investment fund
Grant and Fundinggrant_card_status|closed
Montréal, Quebec
Financing for sustainable projects in Montreal, Quebec
PME MTL — Innovation, productivity, and sustainable development fund
Grant and Fundinggrant_card_status|open
Montréal, Quebec
Subsidizes innovation and sustainability projects in Montréal businesses
Innovation Program — Stream 1 – Support for mobilising projects
Grant and Fundinggrant_card_status|suspending
Montréal, Quebec
Transport technology innovation projects funding in Quebec
PME MTL — Innovation Investment Fund — Loans
Loans and Capital investmentsgrant_card_status|open
Montréal, Quebec
Loans for projects by Montreal-based businesses
PME MTL — Subsidies to support social economy initiatives
Grant and Fundinggrant_card_status|open
Montréal, Quebec
Money for social economy projects in Montreal, Quebec