Open
Last Update: March 4, 2026
Funding available
$ 300,000
Timeline
- Open continuously
Location
Montreal, Montréal, Quebec, Canada
Overview
Get a low-interest-rate loan of up to $300,000 to start or grow your business.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Launch or market a product/service
Eligible Funding
- Maximum amount : 300,000 $
- Up to 20% of project cost
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Montreal
- Montréal
- Quebec
Legal structures
- For-profit business
- Social economy enterprise
- Non-financial cooperative
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
Eligible projects and activities for the PME MTL investment funds include a variety of business-related expenses aimed at fostering growth and maintaining operations in Montreal. These ventures focus on expanding capital, acquiring necessary equipment, and facilitating marketing initiatives.
- Working capital fund to support business liquidity.
- Purchase or renewal of capital assets.
- Marketing expenses to enhance business visibility and customer engagement.
- Equipment purchases or renewal required for business operations.
- Acquisition of an existing company including succession and transfer.
- Fees associated with patents or protection of intellectual property.
- Prototyping activities for companies that are already in operation.
Eligibility
Who is eligible?
The Fonds PME MTL and Fonds locaux de solidarité Montréal (FLS Montréal) are designed to support start-ups, growing companies, social economy enterprises, for-profit companies, and co-operatives located in Montréal. Eligible applicants must fulfill specific criteria such as Canadian citizenship or permanent residency, legal registration in the Registre d'entreprises du Québec, and maintaining their head office in Québec. They should also demonstrate entrepreneurial experience and allocate at least 20% of the project costs through personal investment.Who is not eligible
Some types of companies are not eligible for this grant if they do not meet the specified criteria:
- Non-Canadian citizens or permanent residents
- Companies not legally constituted and entered in the Registre d’entreprises du Québec (REQ)
- Businesses located outside Montréal with the head office not in Québec
Eligible expenses
This grant supports businesses in various stages of development by providing financial assistance for a range of eligible activities. These activities are designed to improve infrastructure, protect intellectual property, and support business acquisitions and marketing efforts.
- Creating a working capital fund to stabilize and support business operations.
- Purchasing or renewing capital assets necessary for business growth.
- Funding marketing expenses to expand the business's reach and customer base.
- Acquiring new equipment to boost efficiency and competitiveness.
- Executing business acquisition, succession, and transfer plans.
- Covering fees for patents or protection of intellectual property.
- Investing in prototyping for companies that are already in operation.
Eligible geographic areas
This grant is designated for companies operating within the city of Montréal, with the requirement for businesses to have their headquarters in Québec. This localization ensures the funds support the economic ecosystem of the Montréal area specifically.
- Businesses located in Montréal.
- Companies with headquarters in Québec.
Additional information
Here are additional relevant details for this grant:
- Loans serve as financial levers and can be used to secure additional sources of financing.
- Companies that receive funding are eligible for ongoing support, advice, and technical assistance from PME MTL experts.
- Applications are evaluated by a joint investment committee specific to the local hub, which assesses the qualifications and viability of the proposal based on the fund's objectives.
- Interest rates on loans are variable and depend on the assessed risk.
Frequently Asked Questions about the PME MTL – PME MTL investment funds Program
Here are answers to the most common questions about the PME MTL – PME MTL investment funds. 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 PME MTL – PME MTL investment funds?
Get a low-interest-rate loan of up to $300,000 to start or grow your business.
How much funding can be received?
PME MTL – PME MTL investment funds Funds up to 20% of admissible expenses, capped at $300,000 per project.
Who is eligible for the PME MTL – PME MTL investment funds program?
To be eligible for the PME MTL – PME MTL investment funds program, you must:
The company must be legally constituted and entered in the Registre d’entreprises du Québec (REQ).
The business must be located in Montréal and have its head office in Québec.
The company must be led by a Canadian citizen or permanent resident.
What expenses are eligible under PME MTL – PME MTL investment funds?
Eligible projects and activities for the PME MTL investment funds include a variety of business-related expenses aimed at fostering growth and maintaining operations in Montreal. These ventures focus on expanding capital, acquiring necessary equipment, and facilitating marketing initiatives. Working capital fund to support business liquidity.
Purchase or renewal of capital assets.
Marketing expenses to enhance business visibility and customer engagement.
Equipment purchases or renewal required for business operations.
Acquisition of an existing company including succession and transfer.
Fees associated with patents or protection of intellectual property.
Prototyping activities for companies that are already in operation.
Where is the PME MTL – PME MTL investment funds available?
The PME MTL – PME MTL investment funds program is available Montréal, Quebec.
Is the PME MTL – PME MTL investment funds a grant, loan, or tax credit?
PME MTL – PME MTL investment funds is a Loans and Capital investments
Who are the financial supporters of the PME MTL – PME MTL investment funds?
PME MTL – PME MTL investment funds is funded by PME MTL