Crédit photo @Lina LegaultCrédit photo @Lina Legault

Subsidy for construction projects in buildings that house social economy businesses

Last updated September 13, 2021
RelatedSocial economy businesses

Are you a social economy business in the Montréal agglomeration? Whether you are a tenant or an owner, you could receive financial support for construction, renovation or expansion projects in the buildings or premises that you occupy.

On this page:

Current

Eligibility criteria

This subsidy program is accessible to social economy businesses anywhere in the Montréal agglomeration that meet the following conditions:

  • You must be a co-op or non-profit organization.
  • You must be a social economy business as defined under the 2013 Social Economy Act: “Democratically-run organizations that combine economic viability with social objectives, while responding to the needs of a community of members or users.”
  • You must rent or own the building or premises where the work will be performed.

Financial assistance

Financial assistance includes:

  • A subsidy that covers 40% of the cost of eligible construction/renovation/expansion work, up to $250,000
  • An additional subsidy that covers 50% of the fees for professional services (architecture, design, engineering, project management, urban planning, archeology or consultants) up to 7.5% of the cost of eligible construction/renovation/expansion work or $50,000 $.

The subsidy will be paid in two instalments.

Submit an application

  1. Complete, download and sign the application form (in French) 
  2. Gather the following documents in digital format:
  • The letters patent of the social economy business that is occupying or will occupy the building. 
  • If you designate a representative: A document designating the representative to act on your behalf (if applicable).
  • Proof that you rent your business space
  • The owner’s permission (in French) to have work performed on your rental space.
  • Detailed cost estimate. 
  • A favourable opinion of the project’s feasibility issued by a firm of expert consultants that are specialists in funding structure, investment assessment or economic viability, if the application represents costs greater than or equal to $625,000. 
  • Recent photos of the building facade and commercial space to be renovated.

3. Submit your application

  1. Complete, download and sign the application form (in French)
  2. Gather the following documents in digital format:
  • The letters patent of the social economy business that is occupying or will occupy the building.
  • If you designate a representative: A document designating the representative to act on your behalf (if applicable).
  • Proof that you own your business space. Detailed cost estimate. 
  • A favourable opinion of the project’s feasibility issued by a firm of expert consultants that are specialists in funding structure, investment assessment or economic viability, if the application represents costs greater than or equal to $625,000. 
  • Recent photos of the building facade and commercial space to be renovated.

3. Submit your application

Apply (in French)

Receive payments

Businesses whose application is accepted must have completed all work no later than June 30, 2024.

Get an instalment

By-law

Partner

This program is part of an agreement between Montréal and the government of Québec.

  • Gouvernement du Québec

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