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PME MTL — Solidarity Fund - Montreal - Quebec - Canada
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PME MTL — Solidarity Fund

Loans for Quebec social economy enterprises and co-operatives
PME MTL
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.

/100
Opportunity Score
Moderate potential, but conditions must align.

At a glance

Funding available

Financing goals
  • Develop a new product or service
  • Conduct research and development activities
  • Launch or market a product/service
Eligible Funding
  • Maximum amount : 300,000 $
  • Up to 80% 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

This grant supports diverse business activities in Montréal, assisting companies in growth and sustainability. Eligible projects include capital investments, marketing efforts, and initiatives for securing intellectual property.

  • Working capital fund to facilitate smoother business operations.
  • Purchase or renewal of capital assets crucial for business infrastructure.
  • Marketing expenses to enhance business outreach and customer base.
  • Equipment purchases or upgrades to improve operational efficiency.
  • Acquisition of a company, specifically succession and transfer processes.
  • Fees pertaining to patents or protection of intellectual property.
  • Prototyping, available for companies already in operation, to develop or refine products.

Eligibility

Who is eligible?

This grant is available for social economy enterprises, for-profit companies, and co-operatives. To qualify, companies or their promoters need to be Canadian citizens or permanent residents, legally constituted and registered in the Registre d’entreprises du Québec, and have their business located in Montréal with their head office in Québec.

Eligible expenses

This funding opportunity supports diverse business initiatives focusing on fostering growth and sustainability in the Montréal area. Eligible activities primarily support the financial stability and strategic development of businesses.

  • Establishment or expansion of a company's working capital fund.
  • Investment in capital assets crucial for business development.
  • Marketing expenses that enhance a company’s visibility and market reach.
  • Purchase or renewal of essential business equipment.
  • Facilitation of business acquisition, including succession planning and ownership transfers.
  • Payment of fees associated with patents or the protection of intellectual property rights.
  • Prototyping activities for companies that are already operational.

Eligible geographic areas

This funding is specifically targeted towards companies based in the city of Montréal, ensuring alignment with the region's economic development goals. The eligible locations are set to support local businesses and entrepreneurs in Montréal.

  • Companies located in Montréal, Quebec.

Additional information

Here is an additional relevant detail for this grant:

  • Entrepreneurs who receive financing will also receive support, advice, and technical assistance from PME MTL experts.
  • Every application is reviewed by the joint investment committee (CIC) of the relevant hub.
  • The financing provided by PME MTL can act as a leverage for obtaining other financing sources.
  • Interest rates for the loans vary according to risk.

Documents and links

PME MTL — Solidarity Fund

Frequently Asked Questions about the PME MTL — Solidarity Fund Program

Here are answers to the most common questions about the PME MTL — Solidarity 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 PME MTL — Solidarity Fund?

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 — Solidarity Fund Funds up to 80% of admissible expenses, capped at $300,000 per project.

Who is eligible for the PME MTL — Solidarity Fund program?

To be eligible for the PME MTL — Solidarity Fund program, you must: Be a Canadian citizen or permanent resident. Be legally constituted and entered in the Registre d’entreprises du Québec (REQ). Have your business in Montréal and your head office in Québec.

What expenses are eligible under PME MTL — Solidarity Fund?

This grant supports diverse business activities in Montréal, assisting companies in growth and sustainability. Eligible projects include capital investments, marketing efforts, and initiatives for securing intellectual property. Working capital fund to facilitate smoother business operations. Purchase or renewal of capital assets crucial for business infrastructure. Marketing expenses to enhance business outreach and customer base. Equipment purchases or upgrades to improve operational efficiency. Acquisition of a company, specifically succession and transfer processes. Fees pertaining to patents or protection of intellectual property. Prototyping, available for companies already in operation, to develop or refine products.

Where is the PME MTL — Solidarity Fund available?

The PME MTL — Solidarity Fund program is available Montréal, Quebec.

Is the PME MTL — Solidarity Fund a grant, loan, or tax credit?

PME MTL — Solidarity Fund is a Loans and Capital investments

Who are the financial supporters of the PME MTL — Solidarity Fund?

PME MTL — Solidarity Fund is funded by PME MTL

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