PME MTL Fund

Overview of the PME MTL Fund program:

PME MTL Funds support start-ups and growing companies and help maintain jobs in Montréal. The financing provided by PME MTL is adapted to each company’s situation. These loans are often useful as a lever in obtaining other sources of financing. These loans are intended for social economy enterprises, for-profit companies and co-operatives.

Benefits of the PME MTL Fund program:

• Loans up to amaximum of $300,000

Eligibility criteria of the PME MTL Fund program:

• To be eligible for a loan, a company or its promoters must meet the following conditions:
• Be a Canadian citizen or permanent resident
• Be legally constituted and entered in the Registre dentreprises du Quebec (REQ)
• Have your business in Montreal and your head office in Quebec
• Submit a business plan or project summary, including updated or projected financial statements, a section on the company's strategic approach to sustainable development, and any other documents deemed relevant
• Show that you have entrepreneurial experience, knowledge and management skills
• Invest at least 20% of the total cost of your project