The next deadline date is Monday, September 13, 2010. All project files must be received before 4 p.m.

Fondation du maire accepts project files all year round but analyses them in Spring and Fall only. Spring 2011's deadline date will be announced shortly.

• Between $5,000 and $30,000

Entrepreneurs that wish to obtain a grant must follow these steps:

• Comply with the eligibility criteria

• Submit a comprehensive file at the latest on September 13, at 4 pm. Please note that submitting a file does not mean you will be awarded a grant

• Meet with a Fondation du maire Coordinator as soon as possible if you wish to submit your project for the Fall 2010 deadline:
  
  Kim Desaulniers, Coordinator – Multicultural Entrepreneurship and Practical Training: 514 872-9089 | kdesaulniers@ville.montreal.qc.ca

Denis Karegeya, MBA, Coordinator – Entrepreneurship, Coaching & Mentoring: 514 872-2989 | dkaregeya@ville.montreal.qc.ca

• Be between 18 and 35 years of age inclusively
  
  
• Anticipate being fully employed by your own business from the moment it is launched
  
  
• Be a Canadian citizen or a Permanent resident
  
  

• Reside in a borough or in a reconstituted city of Montréal. To obtain the list of boroughs and of reconstituted cities, click here

• Have been in business, within a borough or a reconstituted city of Montréal, for less than twelve months or be able to start-up a business in the twelve months following the project’s acceptance. To obtain the list of boroughs and reconstituted cities, click here

• Hold at least the majority of the company's shares (over 50%) or jointly hold them with other eligible entrepreneurs, as the case may be.

* Candidates must meet all of the above criteria at the latest on September 13, 2010 when submitting for a grant in Fall 2010

The following projets are not eligible for a grant:

Projects of a sexual, religious or political nature – Bars, discotheques – Alternative and natural medicine (unless the entrepreneur is a member of a recognized order or association) – Student projects: academic projects or internships – R & D projects – Franchises – Cooperatives (with the exception of work cooperatives) – Non-profit organizations – Artistic projects

The following entrepreneurs are not eligible for a grant:

Full-time students at the time of the business start-up – Self-employed workers

Step 1: The grant application form and submitting your project file

First and foremost, you need to fill out the grant application form and submit a complete project file, which includes a business plan with forecasted financial statements and proof of your eligibility. The next deadline to submit your project file is September 13, at 4 pm.

Step 2: Your meeting with a Fondation Coordinator
During this meeting, the coordonator offers advice on your business plan and makes sure that your projet file contains the necessary information. As soon as Step 1 is met, book a meeting with your coordonator! They are available all year to meet with you.

Step 3: Evaluation of your business plan
You could be called upon for an interview, during which volunteers evaluate your business plan according to specific criteria and recommend a grant or not. Don't forget: submitting a file does not mean you will be awarded a grant

Step 4: Awarding of a grant
Each grant recommended by the evaluators are then confirmed by a Grants Committee. The decision to award a grant or not will depend on available funds and on the quality of the project files received.

The grant is offered in two instalments. In order to receive both instalments, the entrepreneur has to fulfill certain conditions that depend on the nature of the project, for example complete the project's funding.

All files will be analyzed within 6 weeks after the deadline date.

Time : 2 p.m. to 3 p.m.
Place : Les Deux Pierrots
104, rue Saint-Paul Est
Montréal

Champ-de-mars metro