Restaurants and bars are an important part of the identity of Montréal. The objective of the Recovery Fund for Downtown Bars and Restaurants (Fonds pour la relance des bars et restaurants du centre-ville) is to provide businesses operating in this activity sector in the greater downtown area with a helping hand in relaunching their operations. This measure is in addition to the other financial assistance measures that are already available as an integral part of the City of Montréal’s Recovery plan for downtown Montréal (in French).
This Fund is intended to provide support for bars and restaurants in executing projects aimed at increasing customer traffic.
The following activities are targeted:
- Adaptation of the business location or locations in the form of indoor or outdoor reconfiguration in response to health measures required in connection with the Covid-19 pandemic;
- Communication and/or marketing of the commercial offer (event promotions, advertising, digital campaigns, public relations, etc.).
A non-reimbursable financial contribution, based on the following criteria:
If the applicant is a business
- Up to 90% of the total cost of the project, depending on the nature of the project and whether it is a first or second request, up to a maximum of $15,000.
If the applicant is a group of bars or restaurants
- Up to 90% of the total cost of the project, depending on the nature of the project and whether it is a first or second request, up to a maximum of $30,000.
Applicants are considered to be eligible if they represent an establishment or are the designated representative for group of restaurants or bars that submits an application for financial contribution for executing a project shared by the group (e.g.: a group of restaurateurs who wish to submit a project involving the pooling of their efforts for the reconfiguration of a shared patio, a joint promotional campaign, etc.).
The project must not have been launched before April 1, 2022, and must be completed before December 31, 2022.
In order for businesses to be eligible for the Recovery Fund for Downtown Bars and Restaurants, their business project must fall under Subsector 722 (food services and drinking places) of the North American Industry Classification System (NAICS) for Canada, and must include or provide customers with access to seated places for immediate consumption on the premises.
In order to take advantage of this stimulus program, businesses must also be located within the sector boundaries indicated below:
To be eligible for a grant from the Recovery Fund for Downtown Bars and Restaurants, a business or its directors must respect the following conditions:
- Be a Canadian citizen or permanent resident;
- if the applicant is a business corporation, the majority of the corporation’s equity must be held by Canadian citizens or permanent residents;
- if the applicant is the representative for a group restaurants or bars, each restaurant or bar that is a business corporation and is a member of the group must also meet this condition.
- Be a legally constituted moral person or sole proprietorship, duly registered with the Registre des entreprises du Québec (REQ);
- Have its business location in Montréal and its head office in Québec;
- Be the owner or occupant of a building located within the boundaries of the targeted territory;
- Not be in debt to the Crown for amounts owed pursuant to tax laws;
- Not be a franchise holder for a franchisor with more than 10 businesses operating under the same franchise in Québec;
- Not have received a grant or other financial assistance from PME MTL in connection with the same business project.
For information concerning eligible expenses for this Fund, please refer to the financial structure documents described in the section below.
The following expenses are not considered to be eligible:
- Sanitary products;
- Delivery and transportation;
- Cleaning fees.
In order to facilitate the analysis of each application for financing, businesses must submit the following documents:
- An executive summary of the project (section of the application form to be filled out);
- Most recent financial statements available and if they are not dated within the previous six months, the interim financial statements or a 6-month provisional cash budget (if the business has been in operation for fewer than six months);
- Reconfiguration plans, quotes or estimates for executing the project;
- A communication/marketing plan, if applicable (section of the application form to be filled out);
- The financial structure of the project (reconfiguration projects and communication and/or marketing projects);
- A document indicating the role of each person acting on behalf of the business, as applicable;
- The certificate of occupancy and all other permits required for executing the business project;
- Proof of payment of government remittances (GST/QST, DAS, taxes) as of December 31, 2021 to both levels of government (Attestation from Revenu Québec via ClicSÉQUR, Filing and balance confirmation letter from the CRA);
- In the case of a business that owns the building where the business project is to be executed, a copy of a document establishing ownership based on an entry in the land register;
- In the case of a business that is a tenant in the building where the business project is to be executed, a copy of a lease that remains in effect for at least 2 years after the date on which the financial contribution is granted.
In addition to the documents mentioned above, if the applicant is the designated representative for a group restaurants or bars, the following documents must also be submitted:
- Documents demonstrating that, for each restaurant or bar that is the owner of a building where the business project is to be executed, ownership is established based on an entry in the land register; or for each restaurant or bar that is a tenant in the building where the business project is to be executed, a copy of a lease that remains in effect for at least 2 years after the date on which the application is submitted.
Once the application has been accepted, the applicant must provide the following:
- Permits for outdoor patios or Transformation permits covering the project;
- Supporting documentation, as required.
Submitting an application
To submit an application for financing, please fill out the following form.
Funds are limited, so businesses that wish to take advantage of this stimulus measure are encouraged to submit their applications quickly. Submitting an application does not guarantee that financial assistance will be granted. Please also note that the authorization of applications and the granting of funding will begin in June 2022.