How much funding can be received?

Funds up to 15000% of admissible expenses.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the PME MTL – Young Business?

PME MTL – Young Business is funded by PME MTL

What are PME MTL – Young Business's eligibility criterias?

The business must be legally constituted and listed in the Registre d’entreprises du Québec (REQ). The business and its head office must be located in Montréal. The company must have been in existence for less than five years.

PME MTL – Young Business

Last Update: June 16, 2025

Montréal, QC

Subsidy for young businesses in Montreal

PME MTL – Young Business at a glance

Eligible Funding

Max. $15,000

Timeline

Continuous Intakes

Financing Type

Grant and Funding

Eligible Industries

All industries

Grant Providers

PME MTL

Status

Open

Overview of the PME MTL – Young Business program

Get up to $15,000 to help with your start-up and growth.

Financing terms and conditions

Non-repayable financial contribution of up to $15,000 per project.

Eligible projects & activities

Start-up and launch of new businesses headquartered in Montréal.
Business growth and development initiatives for companies established less than five years ago.

Examples of admissible projects:

Eligibility criteria of the PME MTL – Young Business program

The business must be legally constituted and listed in the Registre d’entreprises du Québec (REQ).
The head office and business activities must be located in Montréal.
The business must have been established for less than five years.
A business plan demonstrating profitability and viability must be submitted.
The applicant must commit to working full-time in the business (at least 35 hours per week).

Who is eligible?

Legally constituted start-up businesses registered in the Registre d’entreprises du Québec (REQ)

Who is not eligible

Businesses not in Montreal
Unregistered businesses
Operations over 5 years old
Part-time engagement in business

Eligible expenses

Purchase of equipment
Leasehold improvements
Marketing expenses
Working capital

Eligible geographic areas

Businesses with their head office located on Montréal Island.

Eligibility criteria of the PME MTL – Young Business program

Assessment by the joint investment committee (CIC) on the entrepreneur’s qualifications.
Viability of the business proposal in relation to the fund’s objectives and requirements.

How to apply to the PME MTL – Young Business program

Eligibility Check

Make sure that your business is registered with the Quebec Business Registry (REQ).
Confirm that your head office and place of business are in Montreal.
Check that your business is less than 5 years old.
Be prepared to work full-time in the company (minimum 35 hours per week).

Preparation of the documentation

Develop a business plan demonstrating the profitability and viability of your business.
Gather documents proving your eligible expenses such as equipment purchases and lease improvements.

Identification of the service hub

Enter your business's postal code or select your service area on the provided map.
Identify the experts in your region to receive support.

Partnership with the PME MTL loan

Make sure that your grant is matched with a loan offered by the PME MTL Fund.

Submission of the request

Prepare your application file including all the required information.
Submit your application to the joint investment committee (CIC) of the involved sector.

Additional information

Every funding application is reviewed by the joint investment committee (CIC) of the corresponding PME MTL hub.
Reference sections are available for advice on business financing and updates on PME MTL financing.
Applicants can locate relevant experts by entering their business postal code or selecting a specific area.