Subsidies for young businesses
The Fonds Jeunes Entreprises (young business fund) supports viable businesses by offering them financial assistance to help with start-ups and growth.
The subsidy, which must be combined with a loan from the Fonds PME MTL, is intended for start-ups on Montréal Island.
To be eligible, you must:
- Launch a legally constituted business listed in the Registre d’entreprises du Québec (REQ)
- Have your business and your head office in Montréal
- Operate a company that has been in existence for less than five years
- Submit a business plan showing its profitability and viability
- Commit to working full-time in the business (at least 35 hours per week)
Non-repayable financial contribution of up to $15,000
Examples of eligible expenses
- Equipment purchases
- Leasehold improvements
- Marketing expenses
- Working capital fund
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.
See the Financing your business section for advice, and PME MTL updates concerning financing.
See the Financial partners and financing programs section to determine whether your project is eligible for financing.
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Dorval, QC H9P 1J1
1350 Mazurette street
Montreal, QC H4N 1H2
3617 Wellington street
Montreal, QC H4G 1T9
630, Sherbrooke Ouest
Montreal, QC H3A 1E4
6224 Saint-Hubert street
Montreal, QC H2S 2M2
7305, boulevard Henri-Bourassa Est
Montreal, QC H1E 2Z6