PME MTL – Subsidies to support social economy initiatives
Maximum Funding
$50,000
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PME MTL – Subsidies to support social economy initiatives ### 📋 Eligible Entities - Social economy enterprises operating in Montreal - Non-profit organizations with a social mission - Cooperatives (worker, consumer, or producer-based) - Social enterprises with demonstrated community benefit - Organizations must be legally registered and in good standing - Must have a primary office/operations located in Montreal - Businesses at any stage from planning to growth phase are eligible ### 💰 Funding Details - Maximum grant amount: $50,000 CAD - Non-repayable contribution (gift, not a loan) - Cost coverage: Up to 80% of eligible project costs - Applicant responsibility: Minimum 20% self-funding or in-kind contribution required - No interest or repayment obligations ### 🛠️ Approved Expenses - Project planning and feasibility studies - Business model development and strategy refinement - Market research and validation - Training and capacity building for staff - Technology adoption and digital tools - Equipment and infrastructure purchases - Marketing and brand development activities - Growth-stage operational expenses - Professional services (consulting, legal, accounting) - Social impact measurement and evaluation ### ⚠️ Conditions & Milestones - Project timeline: Support covers planning stage through growth phase - Social mission requirement: Organization must demonstrate clear social or community benefit - Matching requirement: Applicant must secure minimum 20% of project costs independently - Reporting obligations: Progress updates and impact metrics required throughout project - Montreal-based operations: Primary activities must occur in Montreal - Compliance: Organization must maintain legal standing and good regulatory standing throughout funding period - Fund deployment: Contribution must be used within the agreed project timeline - Impact tracking: Recipient must measure and report on social outcomes achieved
About this program
Get a non repayable contribution of up to $50,000 to cover up to 80% of the costs of undertaking an innovative social economy project from planning stage to growth.
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