Collective Entrepreneurship Fund

A grant that contributes to the success of your collective enterprise.

Does your organization want to respond effectively to the socio-economic challenges facing the Laval region? The Collective Entrepreneurship Fund (FEC) program can support you in your mission! Together, let's contribute to the vitality of Laval's social economy.

Learn more about the objectives, eligibility conditions and other criteria specific to this program.

Up to $50,000 in grants for a new collective project or creation

Nature of financial assistance

Situation 1 – Creation of a business up to $50,000

Commerce and service businesses
Production of innovative and structuring goods or services

Situation 2 – Professional management and governance consulting services up to $10,000

Situation 3 – Implementation of a new social economy project up to $50,000

Commerce and service businesses
Production of innovative and structuring goods or services

Eligibility criteria

Be a non-profit business (cooperative or organization) registered in the Quebec Enterprise Register and have a Quebec Enterprise Number (NEQ).
Carry out its main activities in Laval or intend to locate in Laval. Have a board of directors governed by rules of good governance.
Demonstrate the ability to provide seed money or obtain complementary financing from other partners, for a maximum contribution from the Collective Entrepreneurship Fund of 60% of eligible expenses for start-ups and for operating companies.
Combined financial assistance from the provincial and federal governments and the city of Laval may cover up to 100% of eligible expenses.
Include capital expenditures, marketing or commercialization, or other expenses relevant to the success of the project.
Have or anticipate significant commercial activities (sales of goods or services and revenues from service agreements) representing at least 40% of total revenues for operating businesses and aim to attain 40% of total revenues and economic viability by the end of the third year of operation for start-up businesses.
Demonstrate that financial assistance from the Collective Entrepreneurship Fund completes or improves the financial plan of the business or project in order to ensure its feasibility.
Demonstrate that the company or project has good prospects for sustainable development, viability, and longevity.

To find out more

Support

Laval économique is available to provide guidance, regardless of which stage you have reached with your project. With support from our partners, such as the Pôle régional de l'économie sociale de Laval (PRESL), our team offers a continuum of key services: