The COVID-19 pandemic has created unprecedented challenges for social economy businesses in Montréal. Given the importance of these community organizations, the city wants to provide them with financial assistance, free advisory services, training and psychological support.
These services, which are provided through organizations funded by the city, are specifically for social economy businesses.
Broader criteria for the Fonds de développement de l’économie sociale
The PME MTL Fonds de développement de l’économie sociale (FDES) offers subsidies up to $50,000 for startup, growth or consolidation projects. To help businesses in consolidation as they deal with the COVID-19 crisis, the required down payment has been reduced from 20% to 10%. Assistance is provided by PME MTL, the city’s business support network. For more information, contact your PME MTL (in French) service hub.
Advisory services and training
The city is offering training and up to 15 hours of free advice to businesses affected by COVID 19
Free advisory assistance: Determining eligibility, budgeting and adjusting business model
Free access to advisory services offered by Télescope (in French), a non-profit that specializes in administrative and financial support of social and collective businesses. The objective is to help you determine your eligibility for different government aid programs, create accounting and budget documents and develop the right financial tools to maintain your activities or revise them, if necessary. Apply now (in French).
Guidance in human resources management and organizational transformation with the CSMO-ESAC (ends on March 31, 2021)
Get 10 hours of personalized personal guidance and advisory services around all aspects of human resources management during the crisis, including work relations, corporate wellness, health and safety, staffing, remuneration, skill development, attraction and retention, new talent, strategic evolution of an organization, organizational development and more. See the registration page (in French)
For owners and companies, the 2021 municipal property tax instalments have been delayed. The first instalment is now due on June 1 and the second instalment is due on September 1. The annual tax accounts for the year 2021 will be sent out at the end of February.
For merchants near a commercial development corporation area, the 2021 SDC dues instalments have been delayed. The first instalment is now due on June 1 and the second instalment is due on September 1. The dues for the year 2021 will be sent out at the end of February.
Social economy companies that would like more information can contact the Affaires Montréal hotline at 514-394-1793 from Monday to Friday or complete the online form at any time.