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03 Find specialized financing solutions

Financial support

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Opening a location in Greater Montréal? You may be eligible for financial support to help you get your operations off the ground.

Governments and major economic players have put in place a range of incentives, such as interest-free loans, repayable and non-repayable contributions, and venture capital funds, in an effort to encourage:

  • Impactful investment projects, i.e., projects that are likely to have an impact on the local economy. For example, Hydro-Québec, a public power utility, can offer an initial 20% discount on its rates, while Investissement Québec’s ESSOR program supports major job-creating projects.
  • Innovative projects, like feasibility studies, collaborative research or industrial research. For example, the Strategic Innovation Fund can provide assistance that covers up to 50% of eligible costs for investments of at least $10 million.
  • Workforce development, with programs that cover, for example:
    • 25% of the cost of implementing training programs
    • 50% of the cost of creating a human resources department

In addition to financial support, tax incentives are also available to businesses in various sectors to help them cut their operating costs. Contact Montréal International to find out for which programs you qualify and have our experts help you navigate the application process.

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Our team can assist you with your investment project in Greater Montreal.
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Alexandre Lagarde

Vice President, Foreign Investments