Fonds Jeunes entreprises collectives
Support to kickstart new collective enterprises
For young collective enterprises, this grant helps you aim higher. In partnership with the Caisse d’économie solidaire Desjardins, PME MTL offers $5,000 in financial support to eligible cooperatives and non-profits at the kick off their journey.
Financial assistance
The financial assistance is structured as follows:
- A $3,000 subsidy from the Caisse d’économie solidaire Desjardins
- A $10,000 grant from PME MTL through the Fonds de développement de l’économie sociale
- A $10,000 loan from PME MTL, the Caisse d’économie solidaire Desjardins or another partner in the social economy network
Eligibility
To be eligible for this financing, community-based businesses must meet the following criteria:
- Be a new community-based business (less than 5 years old)
- Operate the business on Montréal Island
- Be a member of the Caisse d’économie solidaire or be prepared to join
- Submit a business plan showing that the enterprise is economically viable
Every application is studied by the joint investment committee (CIC) of the hub concerned, to determine the entrepreneur’s qualifications and the viability of the business plan in light of the fund’s objectives and requirements.
How to benefit from these services?
These support or financing services are offered to entrepreneurs according to the borough or city where the business is located. By selecting the territory on the map below, or by entering the postal code of your business, you will be directed to the experts at your service centre. ↓