Fondation Montréal Inc

#ngo, #grant, #montreal, #startup, #deadline, #youth, #lhf

Type

Grant

What

Fondation Montreal Inc's awards grants to facilitate the start-up of new businesses in Montreal.

Value

Eligibility

• For-profit only;
• UPDATE: The age limit will be removed from the Mtl Inc bourse
• Anticipate being fully employed by your own business from the moment it is launched;
• Be a Canadian citizen or a Permanent resident (non-residents must have their Quebec Selection Certificate to be able to submit an application);
• Reside on the Island of Montréal;
• Have started a business on the Island of Montréal within the last twelve months or plan to do so in the year following approval of the project;
• Hold at least half of the company's shares (50% or more) or hold them jointly with other entrepreneurs who are also eligible for the grant.
• Confirm that the project does not meet any of the exclusion criteria:
  • Non-profit projects
  • Projects rejected in the past
  • Sexual, religious or political projects
  • Projects related to illicit or recreational drugs (projects related to therapeutic drugs are considered)
  • Bar or club projects
  • Student projects: internships and university projects
  • Research and development projects
  • Self-employed workers
  • Projects whose main value-added activities are outside the territory covered by Montréal inc.

Eligible Expenses

• Any

Application

Fast Track partnership with D3

• Complete grant application form

N/A

How Can D3 Help

Moe can do an introduction to the Application officer

D3 Tips

Fondation Mtl looks for startups that are:

1. Innovative
2. Scalable (will create jobs in the market)
3. Solid team
4. Ready to hit the market to grow