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Grant+ South Shore

In partnership with Longueuil agglomeration economic development (LED), Futurpreneur Canada, and Desjardins.

Montréal inc. collaborates with several partners to offer support services and up to $ 100,000 in loans and grants for young entrepreneurs from the South Shore!

Combined offer

It is by combining our strengths that we allow you to simplify and maximize your search for financing and support services. By completing this form, your file will be reviewed for eligibility for all these programs.

It is not necessary to be eligible for all these programs, only at least one. The form will allow you to select the programs to which you wish to apply.

Each partner in the program for which you are eligible will review your application and contact you.

 

Montréal inc.

Grant +

  • For about 50 companies a year, following two rounds of selection
  • Grant up to $ 30,000
  • Free personalized services available for life (workshops, coaching, advice, co-development groups, advisory committee)
  • Opening Mtl inc.’s network: business connections and networking events

Desjardins

Créavenir

  • $ 15,000 line of credit
  • Up to $ 5,000 grant
  • Coaching and mentoring throughout the start of your business

LED

Longueuil agglomeration economic development

 

Accelerator Cohort Pulse

  • Non-refundable financial assistance of $ 10,000
  • 6 months support program (50 hours of accompaniment with high-level coaches (financial angels) and 30 hours of codevelopment workshops)
  • No age limit

 

Young business loan

  • Loan of $ 25,000 possible moratorium, interest rate at 7%

 

Futurpreneur Canada

  • Up to $ 60,000 in loan thanks to a partnership between Futurpreneur and BDC
  • Supporting the ideation with the creation of a business plan with the help of a contractor in residence or through our network of partners
  • Free online resources, such as Interactive Business Plan Writer
  • Up to 2 years of personalized mentorship
  • Participation in networking events
  • Business network of more than 3,000 volunteer mentors, and local, national and international presence

Selection criteria

Montréal inc.
  • Be between 18 and 35 inclusive (under 36 years old)
  • Have the corporate headquarters on the South Shore
  • Have 50% of the control over the company
  • Devote 100% of your time to your project
  • Be a citizen, permanent resident, or CSQ holder
  • Have a project demonstrating its innovative nature
  • Have a working prototype or MVP in place
  • Don’t have started recurring sales for more than 12 months

See all details and conditions

Desjardins - Créavenir
  • Be between 18 and 39 years old inclusively
  • Have a viable project to start a business or develop an existing business for less than 3 years
  • Don’t have access to the conventional credit network
  • Be a member of one of the participating Desjardins caisses or become one of them

See all details and conditions

Longueuil Agglomeration Economic Development (LED)

Accelerator Cohort Pulse

  • Have a working prototype or MVP in place
  • Be ready to make a commercial showcase or first sales
  • Propose a project with growth potential
  • Have expertise in the field
  • Demonstrate entrepreneurial leadership
  • Have done a preliminary validation of the market

See all details and conditions

Young business loan

  • Have a down payment of 20% of the project cost
  • Be legally established
  • Be established in the territory or intend to settle there
  • Laborate in an eligible sector and offer value-added services or products generally intended for businesses (B to B)
  • Have control of the company and to work there full time
  • Have the experience and the training relevant to the project
  • Be accompanied by a mentor or business coach
  • Present a project favoring the creation and / or the maintenance of jobs
  • Present a project for which government financial assistance combined with DEL financial assistance, represents a maximum of 50% of project expenditures.
  • Demonstrate that the project is based on realistic projected financial statements demonstrating opportunities for profitability and growth.
  • Present current financial statements demonstrating 20% ​​equity after project and repayment capacity
  • Demonstrate that the company and the contractor are not in default with the government and its creditors, nor are they subject to any dispute
Futurpreneur Canada
  • Be between 18 and 39 years old
  • Be a Canadian citizen or permanent resident
  • Operate a fully operational business for less than 12 months
  • Funding that BDC may provide through an application to Futurpreneur Canada is not available to individuals, corporations, firms and businesses that already have a loan with BDC.

See all details and conditions

Your project is ready ?

Next deadline in 2020: coming soon

Apply here

Frequent questions

Why is the admission to the Montréal inc. Grant+ reserved for 18-35 years old?

The legal status of our NPO is to help the youth (determined between 18 and 35 years old). We must therefore concentrate on supporting the companies owned by this age group. You can however look for information at (among others) PME MTL, Futurpreneur Canada, Femmessor Montreal which have different criteria.

If I am not eligible for one or more of these programs, can I still apply for the others?

Yes. There is only one form for the combined service offer. Your file will be studied by all parties. It is not necessary to be eligible for all programs, only at least one. We strongly encourage you to apply.

How can I contact you ?

If you need further information contact info@montrealinc.ca or 514 872-8401.

A chat is also available on the application form platform.

Essential partners

To prepare better...

Webinar

How to obtain the combined offer?

This webinar gives a broad overview of the competition, including the application process, the eligibility criteria, and the evaluation criteria.

Advice clinic

Improve your application with individual coaching

Are you planning to apply? Fine-tune your application with a 30-minute individual coaching session. To participate in this activity, bring your business plan and your budgeted financial statements in paper format. Attention: this clinic is intended for entrepreneurs who wish to apply to the upcoming selection round.

Information session

The information session will take place at our partner DEL.
This is your opportunity to meet the Mtl inc, DEL and Futurpreneur advisors and ask them your questions about your business project.