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PME MTL — Subsidies to support social economy initiatives
Money for social economy projects in Montreal, Quebec
Last Update: March 24, 2026
Funding available
$ 5,000 - $ 50,000
Timeline
- Open Date : June 17, 2020
Location
Montreal, Montréal, Quebec, Canada
Overview
Get a non repayable contribution of up to $50,000 to cover up to 80% of the costs of undertaking an innovative social economy project from planning stage to growth.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Increase social or community impact
- Renovate or expand facilities
Eligible Funding
- Maximum amount : 50,000 $
- Minimum amount : 5,000 $
- Up to 80% of project cost
Timeline
- Open Date : June 17, 2020
Eligible candidates
Eligible Industries
- All industries
Location
- Montreal
- Montréal
- Quebec
Legal structures
- Non-profit
- Public or Parapublic institution
- Social economy enterprise
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Non-profit candidates
Sector of operation
- Economic, Social and Community Development
Target groups
- All the groups
Revenue structures
- All structures
Scope
- All dimensions
Next steps
1
Determine your project
2
Validate your eligibility
Activities funded
This grant is available exclusively to companies that are headquartered in Montréal. Eligibility is restricted to ensure the development and growth of local social economy enterprises.
- Companies headquartered in Montréal.
Eligibility
Who is eligible?
To be eligible for a subsidy from the Fonds de développement de l’économie sociale, applicants must be a social economy enterprise or a non-profit organization with a social economy project, headquartered in Montréal. They need to take a formal entrepreneurial approach, have self-generated revenue from the sale of goods or services representing 20% of their annual revenue, demonstrate their ability to create or maintain jobs, and invest at least 20% of the total project cost.Who is not eligible
Some types of companies are not eligible for this grant. To be eligible for the subsidy from the Fonds de développement de l'économie sociale, companies must meet the following criteria:
- Social economy enterprises or non-profit organizations (NPOs) with a social economy project
- Headquartered in Montréal
- Take a formal entrepreneurial approach
- Have self-generated revenue representing 20% of annual revenue
- Show ability to create or maintain jobs
- Invest at least 20% of the total project cost
Eligible expenses
This grant supports social economy initiatives focused on fostering innovative approaches, developing new expertise, and ensuring job creation or maintenance in Montreal. The projects aim to enhance technological capacity and support the strategic growth of the enterprise or organization.
- Acquisition of technology, software, patents, etc.
- Funding for working capital to support ongoing operations.
- Professional services to aid in the development and implementation of projects.
- Capital expenses related to land, building, equipment, and incorporation costs.
Eligible geographic areas
The grant covers specific expenses aimed at supporting the development and growth of social economy projects.
- Acquisition of technology, software, patents, etc.
- Working capital fund
- Professional fees
- Capital expenses (land, building, equipment, incorporation expenses, etc.)
Additional information
Here are additional relevant details for this grant:
- The funds are specifically focused on supporting innovative projects that chart new territories or create new expertise within the social economy sector.
- A joint investment committee (CIC) is responsible for reviewing applications, emphasizing the project's alignment with the fund's objectives.
- The evaluation process includes an assessment of the entrepreneur’s qualifications and the proposal's sustainability.
- Enterprises should aim to ensure the long-term viability of their projects to align with the fund's goals.
Documents and links
Frequently Asked Questions about the PME MTL — Subsidies to support social economy initiatives Program
Here are answers to the most common questions about the PME MTL — Subsidies to support social economy initiatives. 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 — Subsidies to support social economy initiatives?
Get a non repayable contribution of up to $50,000 to cover up to 80% of the costs of undertaking an innovative social economy project from planning stage to growth.
How much funding can be received?
PME MTL — Subsidies to support social economy initiatives Funds up to 80% of admissible expenses, capped at $50,000 per project.
Who is eligible for the PME MTL — Subsidies to support social economy initiatives program?
To be eligible for the PME MTL — Subsidies to support social economy initiatives program, you must:
Be a social economy enterprise or a non-profit organization (NPO) with a social economy project.
Be headquartered in Montréal.
Have self-generated revenue from the sale of goods or services representing 20% of annual revenue.
What expenses are eligible under PME MTL — Subsidies to support social economy initiatives?
This grant is available exclusively to companies that are headquartered in Montréal. Eligibility is restricted to ensure the development and growth of local social economy enterprises. Companies headquartered in Montréal.
Where is the PME MTL — Subsidies to support social economy initiatives available?
The PME MTL — Subsidies to support social economy initiatives program is available Montréal, Quebec.
Is the PME MTL — Subsidies to support social economy initiatives a grant, loan, or tax credit?
PME MTL — Subsidies to support social economy initiatives is a Grant and Funding
Who are the financial supporters of the PME MTL — Subsidies to support social economy initiatives?
PME MTL — Subsidies to support social economy initiatives is funded by PME MTL
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