PME MTL – New Community Businesses

Money for community-based businesses in Montreal

Under this program, eligible community-based businesses can get up to $23,000 in subsidies, grants, and loans. This financial assistance involves a $3,000 subsidy from the Caisse d’économie solidaire Desjardins, a $10,000 grant from PME MTL, and a $10,000 loan from PME MTL.

1. Verify eligibility criteria 2. Prepare a comprehensive business plan demonstrating economic viability 3. Become a member of the Caisse d’économie solidaire Desjardins or be prepared to join 4. Identify the appropriate PME MTL service center based on your business's location 5. Gather all required documentation, including proof of financial contributions and expected revenues 6. Contact the identified service center to obtain specific instructions for submission 7. Submit the complete application package to the joint investment committee (CIC) of the relevant hub