Launching of new financial aid program for small Businesses


An initiative by the Lachine borough and PME MTL WEST‐ISLAND called the Renouveau Notre‐Dame Program aims to support and help in the establishment of new commercial businesses on Notre‐Dame Street in Lachine.

The program offers complete financial and technical support with the main objective to ensure the success of businesses establishing themselves on Notre‐Dame Street, between 6th and 19th avenues.

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Three types of financial aid are offered by the Program to eligible businesses:

  1. Funding A basic funding amount of $30 000. To be eligible, a candidate must respect the eligibility conditions of the Program and receive the approval by the selection committee.

  2. Crowdfunding An additional contribution of up to $5 000 as part of a crowdfunding campaign in collaboration with Each project could benefit from a contribution of $1 for each dollar ($1) raised as part of the campaign up to a maximum of $5000.

  3. Leasehold improvements An additional contribution of up to $30 000 for investment projects of leasehold improvements of more than $100 000, on the basis of $1000 contribution for each block of $10 000 worth of admissible work.

The Lachine borough has entrusted the management of this Program to PME MTL WEST‐ISLAND.

The details of this Program are available at this website: http://www.RND‐

PME MTL WEST-ISLAND PME MTL WEST-ISLAND (formerly Développement économique West‐Island) proudly offers guidance through the hands‐on approach of its team of industrial commissioners and counsellors. Its mandate is to support business owners and decision‐makers, pointing the way to tools, programs and a vast partner network. PME MTL WEST-ISLAND’s support can make a crucial difference at any point in the life cycle of a company, from start‐up to mature, international corporation. www.PMEMTL.COM/West – 30