Subsidy for buildings occupied by social economy businesses
Your social economy business is established in Montréal? Get up to $400,000 in subsidies to acquire a lot or a building. You can also take advantage of the program to complete a construction, renovation or expansion project on a building or premises.
Eligibility criteria
- Must be a non-profit (NPO) or a co-op in the agglomeration of Montréal.
- Must show that at least 20 per cent of the income generated by their activities as a social economy business is autonomous: “Democratically-run organizations that combine economic viability with social objectives, while responding to the needs of a community of members or users.”
- Must be the owner, future owner or tenant in the building or premises mentioned in the application.
Acquisition, renovation or construction of a building
Component 1: Acquisition of a building or lot
Financial assistance can cover as much as 40 per cent of the acquisition cost, up to $400,000.
Businesses whose applications are accepted must acquire the building or lot by no later than December 31, 2025, or no more than six months after their eligibility for the program is confirmed.
Component 2: Renovation or construction of a building
Please note that it is no longer possible to submit an application under Component 2 of the program: Renovation or construction of a building.
Financial assistance can cover up to 40 per cent of eligible work, to which an amount equal to 50 per cent of professional fees (architecture, design, engineering, project management, urban planning, archeology or consulting) may be added, up to a maximum of $400,000.
Businesses whose applications are accepted must complete most of their work by no later than December 31, 2027. Work must be done by contractors holding an appropriate licence from the Régie du bâtiment du Québec.
Submit an application
Get the subsidy instalment
Quick search
Need help?
Contact us if you have questions.
Registration confirmed
Thanks for your interest!
You will receive the next edition of our newsletter very soon.
Are you sure you want to leave this page?
This page is not available in English. You will be redirected to the English home page.
