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PME MTL – Young Business Fund
Last Update: March 4, 2026
Montreal, Quebec, Canada
Subsidy for young businesses in Montreal
Grant and Funding
Overview
Get up to $15,000 to help with your start-up and growth.
At a glance
Funding available
Financing goals
Develop an online presence
Marketing a product
Renovate your business/factory
Eligible Funding
- Maximum amount : 15,000 $
Timeline
- Unspecified
Eligible candidates
Eligible Industries
- All industries
Location
- Montreal
- Montréal
- Quebec
Legal structures
- For-profit business
- Sole proprietorship
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Youth (<40)
- Startups
Activities funded
- 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
- 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.
Selection criteria
- 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
1
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).
2
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.
3
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.
4
Partnership with the PME MTL loan
Make sure that your grant is matched with a loan offered by the PME MTL Fund.
5
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.
Contacts
info@pmemtl.com
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Frequently Asked Questions about the PME MTL – Young Business Fund Program
Here are answers to the most common questions about the PME MTL – Young Business 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 – Young Business Fund?
How much funding can be received?
Who is eligible for the PME MTL – Young Business Fund program?
What expenses are eligible under PME MTL – Young Business Fund?
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Is the PME MTL – Young Business Fund a grant, loan, or tax credit?
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