You must be aged between 18 and 35.
You must have de facto control of the company. You and other eligible candidates must own at least 50% of voting shares.
You must dedicate 100% of your time to your business project.
You must reside in Greater Montréal, and your head office must be located on the Island of Montréal or in the South Shore*.
*If your head office is located in the South Shore, you must apply to the Bourse + South Shore.
You must be a Canadian citizen or permanent resident, or hold a Quebec Selection Certificate.
You must be market-ready in the short term, or have started sales recently. If no sales have been made, you may present a product, a proof of prototype, a validated service, or the result of your MVP.
Project’s capacity to meet a real need; originality or innovative aspect of the concept; competitive advantage of the product or service.
Project’s capacity to create jobs over a 3-to-5-year horizon and number of positions potentially created.
Capacity to extend sales and operations. For example: export potential, creation of branches, subsidiaries or franchises within 3 to 5 years.
Profile of the team and its circle (competence and experience). Ability to take risks and move to action. The entrepreneurial vision should be clear and determined.
Analysis of the market and the competition, competitive advantage, state of the validation process, commercialization strategy.
Realism of the project
Viability of the revenue model, financial forecasts and project costs; capacity to implement and deliver the project; analysis of legal aspects.
« Being a Mtl inc. Laureate means being part of the select club of the next generation of Montreal entrepreneurs. It means having a network of very accessible peers and professionals who share contacts and expertise. Montréal inc. is an important advantage in our company’s growth and success. »
JP Desjardins, The Wallrus - Lauréat 2013
No. Entrepreneurs who submit an application for the Grant+ must be aged between 18 to 35 at the time of the review of their application.
An entrepreneur holding 50% or more of the equity in the business and who submits a candidacy for Grant+ must meet all the eligibility criteria, including residence in Greater Montréal. The head office must be located on the Island of Montréal or in the South Shore. See the Montreal metropolitan community territory.
To be eligible for the Grant+, an entrepreneur must meet all the eligibility criteria. In the above example, your business partner would need to possess 50% or more of the shares as well as meet the other eligibility criterias.
You are eligible if you have a Certificat de sélection du Québec, but you may only receive the grant if you are a permanent resident.
We do not accept self-employed candidates because we look for business that will create jobs, more specifically at least 3 jobs in the first 2 years of launching.
A business plan, a financial summary, 3-year projected financial statements, a personal Financial Statement and a profesionnal resume. See the How to apply section.
If your cooperative is for profit, the majority of the members are between 18 and 35 years old and they reside in Montreal, yes you are eligible.