2020 was a year like no other. A year during which we had to consistently “reinventing ourselves”. As of last March, the significant economic consequences that the pandemic had on our SMEs made our mission more relevant than ever.
2020 Results
- $2,7M in disbursed loans
- $287,188 in disbursed grants
- 27 financed projects
- 585 supported businesses
- 222 jobs created or maintained
- $13,7M in economic spinoffs
Financing Breakdown
Emergency Funds
In the context of the COVID-19 pan-demic, the governments of Canada and Québec have worked with the City of Montreal to support busi-nesses in the metropolis.
$12,7 M in emergency loans and subsidies granted to Ouest-de-l'Île businesses.
Regional Relief and Recovery Fund (RRRF)
Emergency financial assistance of up to $40,000
$2,1M granted
60 businesses in all sectors combined
Emergency Assistance for Small and Medium-Sized Businesses (PAUPME)
Emergency assistance of up to $50,000 and loan forgiveness of up to 80% under the Assistance for Businesses in Regions Under Maximum Alert program (AERAM)
$7,4M granted
176 businesses received emergency assistance
Retail businesses consolidation due to COVID-19 program(FCAC)
A non-repayable contribution up to a maximum of $10,000.
$214 100 granted
26 businesses used this grant to carry out a business project for the consolidation or resumption of their activities176projects received emergency assistanceof the businesses are in the accommodation and food services sector40%granted
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Ouest-de-l'Île
1675, Transcanadienne
Bureau 301
Dorval, Québec, H9P 1J1
514 426-2888 -
Centre-Ouest
1350, rue Mazurette
Bureau 400
Montréal, Québec, H4N 1H2
514 858-1018 -
Grand Sud-Ouest
3617, rue Wellington
Montréal, Québec, H4G 1T9
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Centre-Ville
630, rue Sherbrooke Ouest
Bureau 700
Montréal, Québec, H3A 1E4
514 879-0555 -
Centre-Est
6224, rue Saint-Hubert
Montréal, Québec, H2S 2M2
514 723-0030 -
Est-de-l'Île
7305, boulevard Henri-Bourassa Est
Bureau 200
Montréal, Québec, H1E 2Z6
514 494-2606