Obtain up to $50,000 in grants and resources to support projects aimed at exploring new sectors, new ways of doing things or developing new expertise.

Eligibility criteria

The eligibility criteria for the Fonds de développement de l'économie sociale (FDÉS) grant are as follows:

Be a social economy enterprise or a non-profit organization (NPO) with a social economy project
Be headquartered in Montréal
Take a formal entrepreneurial approach
Have self-generated revenue from the sale of goods or services representing 20% of your annual revenue
Show your ability to create or maintain jobs
Invest at least 20% of the total project cost

Who is eligible

Eligible companies for this grant are social economy enterprises or non-profit organizations (NPOs) with a social economy project.

Be a social economy enterprise or a non-profit organization (NPO) with a social economy project

Eligible expenses

The eligible expenses for this grant include:

Acquisition of technology, software, patents, etc.
Working capital fund
Professional fees
Capital expenses (land, building, equipment, incorporation expenses, etc.)

Eligible projects & activities

The Fonds de développement de l’économie sociale (FDÉS) supports social economy projects that explore new sectors, develop new expertise, and have a formal entrepreneurial approach. Eligible activities include acquisition of technology, working capital fund, professional fees, and capital expenses.

Acquisition of technology, software, patents, etc.
Working capital fund
Professional fees
Capital expenses (land, building, equipment, incorporation expenses, etc.)

Eligible geographic areas

There are specific geographic areas mentioned for this grant. The eligible area is Montréal.

Headquartered in Montréal

Evaluation & selection criteria

The FDÉS evaluates applications based on specific criteria to determine eligibility and project viability:

Social economy enterprise or NPO status
Headquartered in Montréal
Entrepreneurial approach
20% self-generated revenue requirement
Job creation or maintenance capacity
Minimum 20% project cost investment
Evaluation by the joint investment committee (CIC)

How to apply

Step 1: Verify eligibility
- Must be a social economy enterprise or NPO with a social economy project
- Headquartered in Montréal
- Formal entrepreneurial approach is required
- Self-generated revenue from sales should be 20% of annual revenue
- Demonstrate ability to create or maintain jobs
- Invest at least 20% of the total project cost
Step 2: Prepare required documentation
- Business plan outlining the project
- Financial statements and revenue details
- Evidence of job creation strategy
- Details of the investment in the project
Step 3: Submit application
- Complete the application form
- Include all supporting documents
Step 4: Review and decision
- Application is reviewed by the joint investment committee
- Decision on subsidy amount and approval

Additional information

Additional Information:

Successful applicants must comply with reporting requirements to demonstrate the impact of the subsidy.
Applicants need to provide a detailed project plan outlining the objectives, activities, expected outcomes, and timeline.

Documents and links