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 and training.
These services, which are provided by the city and its partner organizations, 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.
Subsidy for construction projects in buildings that house social economy businesses
This program is for social economy businesses, both tenants and owners, that want to carry out construction, renovation or expansion work on the buildings or premises they occupy. The subsidy covers 40 per cent of the cost of work up to a maximum of $250,000 and 50 per cent of professional fees up to 7.5 per cent of the cost of eligible work, or $50,000. Learn more
Advisory services and training
CESIM support program
Directors of collective enterprises can get support to adapt their business model, including a diagnosis from a specialized external consultant and personalized coaching to help the business reorient its activities and review its business model. Twenty five hours are offered free of charge, including 10 specifically for human resources management. More information (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.
Contact Affaires Montréal