Fonds de développement de l'économie sociale
Driving change toward a solidarity-focused economy
For non-profits, cooperatives, and social enterprises, this fund strengthens your community impact in Montréal. It also supports the emergence of innovative projects exploring new sectors, novel practices, or underdeveloped expertise.
Financial assistance
Subsidy between $5,000 and $50,000 for the enterprise or organization.
Eligibility
To be eligible for a subsidy from this fund, you must:
- Be a social economy enterprise or a non-profit organization (NPO) with a social economy project
- Be headquartered in Montréal
- Take a formal entrepreneurial approach
- Have self-generated revenue from the sale of goods or services representing 20% of your annual revenue
- Show your ability to create or maintain jobs
- Invest at least 20% of the total project cost
Eligible expenses
- Acquisition of technology, software, patents, etc.
- Working capital fund
- Professional fees
- Capital expenses (land, building, equipment, incorporation expenses, etc.)
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.
How to benefit from these services?
These support or financing services are offered to entrepreneurs according to the borough or city where the business is located. By selecting the territory on the map below, or by entering the postal code of your business, you will be directed to the experts at your service centre. ↓