Fonds de développement de l'économie sociale

Subsidies to support social economy initiatives

The Fonds de développement de l’économie sociale (FDÉS) (social economy development fund) supports social economy projects, from the planning stage to growth.

The FDÉS is also intended to support the emergence of innovative projects that explore new sectors or new approaches or develop new expertise.

Eligibility

To be eligible for a subsidy from this fund, you must:

  • 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

Financial assistance

Subsidy between $5,000 and $50,000 for the enterprise or organization

Eligible expenses

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

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 proposal in light of the fund’s objectives and requirements.

PME MTL
Centre-Ouest

1350, rue Mazurette

Bureau 400

Montréal, Québec, H4N 1H2

514 858-1018
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