Can you stack PME MTL Fonds Jeunes entreprises and Fonds PME MTL (Montreal Business Loan)?
Yes. PME MTL Fonds Jeunes entreprises and Fonds PME MTL (Montreal Business Loan) can be combined. They fund different things, so the trick is simple: apply to each separately and never claim the same dollar twice. Together they reach up to $465K+ in potential value.
PME MTL Fonds Jeunes entreprises
PME MTL offers this grant to young Montreal businesses in their startup or expansion phase. It is designed to push early-stage ventures forward and is available when paired with a loan from the Fonds PME MTL. Retail and restaurant businesses are directed to the separate commercial fund instead.
Fonds PME MTL (Montreal Business Loan)
PME MTL is the City of Montreal's business support network, and the Fonds PME MTL provides loans to private companies, social enterprises, and cooperatives across the island of Montreal. The money can be used for working capital, fixed assets, marketing, or buying and renewing equipment. Funding is delivered through your local PME MTL service centre based on where your business is located.
How to stack them
- 01Confirm you meet each program's eligibility on its own. PME MTL Fonds Jeunes entreprises and Fonds PME MTL (Montreal Business Loan) are assessed separately.
- 02Apply to each program through its own application. There is no combined form.
- 03Allocate distinct costs to each program. You cannot claim the same dollar of expense under both, but you can fund different parts of the same project.
- 04Track both deadlines and keep the paperwork separated, so each claim stands on its own.
Stacking rules vary by program and change over time. Confirm the current rules with each program, or take the quiz and we will flag the combinations you qualify for.