Every year, Fondation Montréal inc. awards fifty Grant+ in amounts between $5,000 and $30,000 to innovative Montréal businesses that show high growth potential. A Grant+ is awarded with lifetime access to all the à la carte services offered by the Fondation — coaching, business referral, training/workshops, co-development groups, and several networking activities with recognized entrepreneurs and business community professionals. There are two drafting rounds every year, occuring in February and September.
Preparatory kit
Eligibility Criteria
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AGE 18 – 35
Be 18 to 35 years of age
inclusive.
EXERCISE AT LEAST 50% CONTROL OF THE COMPANY
USE OF TIME
Devote 100% of their time to their business project |
RESIDE IN GREATER MONTRÉAL
Reside in the territory of the communauté métropolitaine de Montréal HEAD OFFICE
Established on the Island of Montréal or in the Agglomération de Longueuil
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CITIZENSHIP
Be a Canadian citizen or a permanent resident or hold the Québec selection certificate
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STARTUP PHASE
Be ready for market in the short term or have started sales recently
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Evaluation criteria
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INNOVATION
Innovative project
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JOB CREATION
The number of jobs potentially created within 3 to 5 years.
GROWTH POTENTIAL
Capacity to extend sales and operations
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ENTREPRENEUR
Team, training, experience, entourage, expertise
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MARKET
Market analysis, the
competition’s offering,
competitive advantage,
marketing strategy
PROJECT REALISM
The financial aspect, the
business and operational process
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La Zone Montréal inc. was born in 2014 from a partnership between the Fondation and Desjardins, with the aim of offering more upstream support to promising businesses that did not obtain a Grant+ on their first application to the Fondation. La Zone offers a chance to these candidates, who are full of potential but have to upgrade, to polish their business project over a 12-month period, so that they can reformulate a grant application to the Fondation.
N.B.: a rejected candidacy for a Grant+ doesn't automatically mean admission to La Zone Montréal inc. Only the Fondation chooses the candidates who will access the Zone.
La Fondation Montréal inc. is perpetually looking for talented entrepreneurs who will lead their business to success. Every year, the Fondation launches two Drafting Rounds, during which the eligible candidates can submit their application.
Phase 1 |
Phase 2 |
Phase 3 |
Preselection of applications by the Montréal cadvisors' team inc. Applications may be
1. Selected
2. Postponed
3. Refused
(3 – 4 weeks) |
Evaluation interviews of entrepreneurs by Montréal inc.'s business volunteers.
(3 – 4 weeks) |
Final decision by the Grant committee. Entrepreneurs can become
1. Laureates (with Grant and support for life)
2. Promoters (with a 12-month access to Desjardins Zone services)
(2 weeks) |
(10 weeks in total)
N.B.: The application submitted during a drafting round are processed only after its deadline. You will not receive any response before the deadline. The same project may be submitted only once.
All these documents must be completed and attached to your application.
1. A business plan
2. A financial summary
3. A personal financial statement
4. Your resume
5. Your 3-year projected financial forecasts
1. Make sure you meet all the eligibility criteria.
2. Consult our Preparatory Kit to maximize your chances.
3. Have all the required documents in hand (listed above).
4. Submit your application, attaching all the required documents.
Here are some laureates of Fondation Montréal inc.
Dax Dasilva |
Mélanie Heyberger |
Phil Cutler |
Hicham Ratnani |
Mohamed Hage |
Bastien Poulain |
Mariève Ducharme |
Philippe Poirier |