Collective Entrepreneurship Fund (Fonds d’entrepreneuriat collectif)
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Eligibility & Details
What this program funds and who can apply
Program Description
Laval Économique grant for non-profit collective enterprises — cooperatives and NPOs — creating a social-economy business or launching a new collective project. Pays a non-repayable contribution of up to 60% of eligible expenses: up to $50,000 where the enterprise produces value-added, innovative or structuring goods or services, up to $40,000 for traditional retail and service businesses, and up to $10,000 for management and governance consulting.
Eligibility Requirements
- 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.
- The applicable ceiling depends on what the enterprise produces: $50,000 for the production of value-added, innovative or structuring goods or services, and $40,000 for traditional retail and service businesses.
- The fund covers three distinct situations: creation of a social-economy enterprise, professional management and governance consulting services, and implementation of a new social-economy project within an existing cooperative or NPO.
Quick Assessment
Funding Details
- Amount
- Non-repayable contribution of up to 60% of eligible expenses: up to $50,000 for creation of, or a new project within, a social-economy enterprise producing value-added, innovative or structuring goods or services; up to $40,000 for traditional retail and service businesses; up to $10,000 for professional management and governance consulting
- Type
- Grant
- Level
- Municipal
- Co-Funding
- Up to 60% of eligible costs
- Deadline
- Until available funds are exhausted — rolling intake
Program Scorecard
Competition, effort, and approval at a glance
Everything you need to win Collective Entrepreneurship Fund (Fonds d’...
Not a marketing summary. The actual checklist, intel, and stack strategy reviewers look for.
- 7-document checklist with what each reviewer is actually checking
- 6-step application timeline with prep hours per step
- Insider tip from program officers on what separates winners
- Success profile + evaluation criteria — exactly what reviewers score on
How to Win
Insider tips, common pitfalls, and what successful applicants look like
Insider TipOperating businesses must show at least 40% commercial revenue, while start-ups must project reaching that mix and viability by year three; assemble governance and financing documents before applying.
Evaluation Criteria
The project is evaluated by a selection committee that includes external experts, who decide on the amount and conditions of the assistance granted in conjunction with the resources of Laval Économique. There is no published scoring rubric, but the eligibility criteria name four substantive tests the committee applies: significant commercial activity (at least 40% of total revenues now, or by the end of year three for a start-up); a board governed by rules of good governance; evidence that the fund's contribution completes or improves the financial plan so the project is feasible; and good prospects for sustainable development, viability and longevity. The fund's stated purpose — improving quality of life and well-being while responding to regional needs and issues — is what the social-economy case must speak to.
Application Playbook
Step-by-step process, required documents, and expenses
Application Steps
Required Documents 7
Eligible Expenses 9
- Capital assets such as land, buildings, leasehold improvements, equipment and machinery
- Incorporation costs and any other expenses of the same nature
- Acquisition of technology (expertise, licence or manufacturing agreement and patent)
- Website, software, or software packages
- Marketing, advertising, or commercialization expenses
- Working capital, up to less than 50% of project cost
- Training costs and purchase of learning materials
- Professional fees
- Any other needs specific to the project
Ineligible Expenses 3
- Motorized rolling stock
- Working capital representing 50% or more of the project cost
- Expenses that are not relevant to the success of the project — the fund requires capital, marketing or commercialization or other project-relevant expenses
Intake Periods
Rolling intake. Laval Économique's program listing states applications are accepted 'Until available funds are exhausted' — there is no published opening or closing date.
Deadline Notes
No dated deadline is published. Laval Économique's program listing states the intake runs 'Until available funds are exhausted', so the practical constraint is the annual envelope rather than a calendar date. Apply early in the funding cycle.
Ineligible Organizations
- For-profit businesses of any legal form (the fund is restricted to cooperatives and non-profit organizations)
- Organizations not registered in the Quebec Enterprise Register or without a Quebec Enterprise Number (NEQ)
- Organizations whose main activities are neither carried out in Laval nor intended to be located in Laval
- Collective enterprises without significant commercial activities — an operating business must already have, or anticipate, commercial revenues of at least 40% of total revenues
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Funding Stack Strategy
Compatible programs, clawback risk, and combined funding potential
Stacking partner data not yet available.
Clawback Risk
Medium RiskThe contribution is non-repayable, but the selection committee 'decides on the amount and conditions of the assistance granted', so conditions are set per file rather than published. The stated viability tests carry the real exposure: an operating enterprise must maintain commercial activities at 40% of total revenues, and a start-up must reach 40% of total revenues and economic viability by the end of its third year of operation. Read the convention's conditions before signing.
How Collective Entrepreneurship Fund (Fonds d’... Compares
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Frequently Asked Questions
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