Initiative to Support Economic Development in Montréal's East End

About this program

CED will invest $30M over coming years in projects by SMEs and nonprofits that support economic revitalization, attractiveness, and sustainable reindustrialization of Montréal's East End. For SMEs, financial assistance covers up to 50% of authorized costs (repayable, interest-free, generally beginning 2 years after project completion). For nonprofits, non-repayable assistance covers up to 90% of authorized costs (with exceptions for Indigenous organizations and certain capital projects).

What this program funds

Canada Economic Development for Quebec Regions (CED), a federal agency, administers this $30 million initiative to support economic revitalization in Montréal's East End. The program funds projects by small and medium enterprises, nonprofits, business associations, cooperatives, social economy businesses, Cégeps, universities, municipalities, and municipal economic development agencies. Eligible sectors include general economic development, social economy, innovation, environmental technologies, agri-food, circular economy, tourism, and strategic supply chain sectors.

For SMEs, the program provides repayable, interest-free financial assistance covering up to 50% of authorized project costs, with repayment generally beginning two years after project completion. Nonprofits receive non-repayable assistance covering up to 90% of authorized costs, though exceptions apply for Indigenous organizations and certain capital projects.

The geographic focus is Montréal's East End, bounded by Avenue Papineau from north to south and extending from the rivière des Prairies to the St. Lawrence River. Adjacent territory may be considered on an exceptional basis. Applications are accepted on a rolling basis with no stated deadline.

Written by AI from this listing's own details, with no facts added. How we use AI. Always confirm the details on the funder's official page before applying.