Fonds ADM / 375 idees

Funding opportunity for young Montreal entrepreneurs
  • PME MTL
Overview of the Fonds ADM / 375 idees program:

Supporting 375 entrepreneurs leading up to the 400th anniversary of the city is a symbolic gesture that aligns the historic significance of Montreal with its forward-looking ambitions. It's also a way of embedding the entrepreneurial spirit into the city's celebrations and future.

Benefits of the Fonds ADM / 375 idees program:
  • $7,500 loan
  • The advantageous interest rate of 2%
  • Interest and principal repayment holiday during the first 6 months
  • Refundable in 2 years (in 24 monthly instalments following the repayment holiday)
Eligibility criteria of the Fonds ADM / 375 idees program:
  • Be majority-owned by a majority of shareholders between the ages of 18 and 40 and a majority of Canadian citizens, permanent residents, or hold a Quebec selection certificate (CSQ)
  • Its head office is located in the City of Montreal territory
  • Have reached 100% of its crowdfunding campaign for a minimum amount of $3,750 on the Quebec platform La Ruche since January 1, 2017
  • Be in the pre-start phase (viable project), start-up, or growth for less than 2 years
  • Present an executive summary of the business plan (2-3 pages) which demonstrates a high potential for viability and profitability

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