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Finance the hiring and training of employees

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Loan guarantees

  • Fonds afro-entrepreneurs 

    ​Filaction
    Are you a member of one of Quebec's black communities? You could receive a loan or loan guarantee for your business' needs.

Equity investments

Loans and cash advances

  • Apollo13 startup support program (in French only)

    ​Apollo 13
    Do you have an entrepreneurial idea to put into action or a desire to grow your business? The Apollo13 support program may be right for you.​

  • BDC - Business loans 

    Business Development Bank of Canada
    ​You could get money to help you start or grow your business.

  • BDC Indigenous Entrepreneur Loan 

    Business Development Bank of Canada
    Purchase assets, start exporting, pay start-up or franchise fees and replenish working capital with a $350,000 loan if you have an existing businesses or $250,000 if you are a start-up.

  • BDC Newcomer Entrepreneur 

    Business Development Bank of Canada
    If you are an immigrant who arrived in Canada within the past 3 years, you can get up to $50,000, along with expert advice, to start your own business.

  • BDC Small Business Loan 

    Business Development Bank of Canada
    Apply online for a business loan of up to $100,000 with flexible repayment terms. Use this financing to supplement cash flow, improve operations, or cover expenses for your small business.

  • BDC Working Capital Term Loan 

    Business Development Bank of Canada
    Get a loan to complement your line of credit in order to boost inventory and take advantage of supplier discounts.

  • CED Jobs and Growth Fund — For profit 

    ​Canada Economic Development for Quebec Regions
    If your business is working on a project to transition to a green economy, foster an inclusive recovery, become more competitive and create jobs for Canadians, you could get an interest-free, repayable contribution for up to 50% of the project’s costs.

  • Canada Feature Film Fund 

    Telefilm Canada
    Financing for Canadian film producers to develop, produce and market movies in English or French in Canada and internationally.

  • Chantier de l'économie sociale Trust 

    Chantier de l'économie sociale Trust
    Get a trust loan between $50,000 and $1.5 million, with no principal repayment requirement for 15 years, to finance costs directly related to the acquisition, construction, or renovation of real estate assets such as land, a building, a warehouse, etc.

  • ESSOR - Support for transformative investment projects (in French only)

    Investissement Québec
    Is your company planning to invest at least $10 million in the province, or create at least 100 jobs at above average wages in the region? Your company may be eligible for a forgivable loan to make this happen.

  • Emissions Reduction Fund 

    ​Natural Resources Canada
    You could get a loan for your conventional or offshore oil or gas firm to help keep your workers in the field during COVID-19, and to support your investments to reduce greenhouse gas emissions in order to comply with provincial requirements or federal methane regulations.

  • Farm Credit Canada — Loans and lending options 

    Farm Credit Canada
    You could access flexible financing options for your farming, agri-food or agribusiness operation.

  • Fonds afro-entrepreneurs 

    ​Filaction
    Are you a member of one of Quebec's black communities? You could receive a loan or loan guarantee for your business' needs.

  • Innovative Manufacturer Financing [PDF](in French only)

    ​Investissement Québec
    ​Small and medium manufacturers in Quebec can get financing to help create new processes, integrate new technologies, and increase productivity.

  • PME MTL – PME MTL Fund 

    PME MTL
    Get a low-interest-rate loan of up to $300,000 to start or grow your business.

  • PME MTL – Solidarity Fund 

    PME MTL
    Get a low interest rate loan of up to $100,000 to start or grow your business.

  • Réseau des SADC et CAE (Network of CFDCs and CBDCs) 

    ​Réseau des SADC et CAE
    ​If you live in a rural region of Quebec, you could access business counseling, financing and training to start or grow your business.

  • Search and Rescue New Initiatives Fund 

    Public Safety Canada
    Search and rescue organizations can apply for funding for projects that improve search and rescue response or prevention and align with national priorities, such as training programs, equipment purchases, R&D projects, prevention or awareness campaigns, or multijurisdictional exercises.

  • Tax credits for production of multimedia titles 

    Investissement Québec
    Refundable tax credit for multimedia producers may amount to 37.5% of eligible labour expenditures.

  • Women Entrepreneur Program 

    Farm Credit Canada
    Get access to financing, as well as resources designed specifically to help you develop your skills as you start or grow your business.

Tax refunds and credits

Wage subsidies

  • Access to Talent Program 

    Natural Products Canada
    Canadian SMEs or start-up companies can receive up to 40% of the cost of a new employee’s salary to a maximum of $75,000 in order to carry out a project that supports the development of a natural product or technology.

  • BioTalent Canada – Science Horizons Youth Internship 

    BioTalent Canada
    Hire an intern for 6 to 12 months for an environmental science, technology, engineering, or mathematics (STEM) job and receive a subsidy of up to 50% of their salary (maximum $15,000).

  • BioTalent — Science and Technology Internship — Green jobs 

    BioTalent Canada
    ​Get up to $25,000 per intern hired in roles in the natural resources sectors, including the fields of energy, forestry, and minerals and metals as well as earth sciences (or up to $32,000 for youth hired who are furthest from employment).

  • BioTalent — Student Work Placement Program 

    ​BioTalent Canada
    If you’re in the business of healthcare or bioscience, you could get connected with a post-secondary student to work with you on a project up to 16 weeks and a subsidy to cover 75% of their salary, up to $7,500.

  • CCAA — Student Work Placement Program 

    ​Canadian Council for Aviation & Aerospace
    Get a wage subsidy to cover up to 75% of the costs of a work term placement, to a maximum of $7,500 per placement, when you hire a post-secondary student in science, technology, engineering, math (STEM) and business programs. Maximum coverage is for first-year students or those in under-represented groups.

  • Canada Emergency Wage Subsidy (CEWS) 

    ​Canada Revenue Agency
    Get a temporary subsidy to cover a percentage of your employees’ wages until October 23, 2021. Retroactive application may be made after the program closes until the application deadline in March 2022.

  • Canada Green Corps 

    United Nations Association in Canada
    ​You can apply for a wage subsidy to hire a youth for a project that reduces your organization’s environmental footprint or increases sustainability.

  • Canada Recovery Hiring Program (CRHP) 

    ​Business and industry
    If your business is still impacted by COVID-19 and it meets the eligibility criteria for the Canada Emergency Wage Subsidy program, you could get one of the two wage subsidies to help keep staff on payroll.

  • Clean Foundation — Green Jobs 

    Clean Foundation
    Get up to $25,000 per intern hired in roles in the natural resources sectors, including energy, forestry, mining, and earth sciences (or up to $32,000 for youth hired who are furthest from employment).

  • Clean Foundation — Science Horizons Youth Internship 

    Clean Foundation
    Hire an intern for 6 to 12 months for a positions that help combat climate changes and receive a subsidy of up to 50% of their salary, maximum $25 000 (80% for youth from employment equity groups).

  • Clean Leadership — Professional Internships 

    ​Clean Foundation
    Get a wage subsidy to cover up to 50% of the costs of hiring a professional intern for a minimum of 6 months, in a position with an environmental focus.

  • Clean Leadership — Summer Internships 

    ​Clean Foundation
    Get a wage subsidy to cover up to 60% of the costs of hiring a summer student for 9-15 week internships for clean tech and environmental projects.

  • ECO Canada – Youth Employment in Natural Resources 

    ​ECO Canada
    Get up to $22,500 to cover up to 75% of wages when you hire a professional under age 31 for full-time employment in an environmental position related to STEM (Engery, Forestry, Minerals/Metals, Earth Sciences).

  • ECO Canada — Science Horizons Youth Internship (SHI) 

    ECO Canada
    Hire an intern for 6 to 12 months for an environmental science, technology, engineering, or mathematics (STEM) job and receive a subsidy up to $25 000 to cover up to 80% of their salary.

  • ECO Canada — Student Work Placement Program 

    ​ECO Canada
    If you’re working on an environmental project, you could get connected with a post-secondary student in STEAM or business and a subsidy to cover 75% of their salary up to $7,500 for a maximum of 16 weeks.

  • Emergency Support Fund for cultural, heritage and sports organizations 

    ​Canadian Heritage
    If your eligible business has experienced financial losses during COVID-19 due to closed facilities or cancelled events, you can get a wage subsidy to help support your artists and athletes. More details to come.

  • Employment Integration Program for Immigrants and Visible Minorities (PRIIME) 

    Emploi Québec
    Wage subsidy for up to 52 weeks for employers who hire immigrants or visible minorities for a first experience in their field in a sustainable job.

  • Employment integration — Wage subsidies 

    Emploi Québec
    Hire someone on income security or employment insurance to qualify for a wage subsidy of up to 30 weeks for private sector businesses and longer periods for social enterprises.

  • Employment stabilization 

    Emploi Québec
    Get up to $5,000 to cover up to 50% of wages for staff whose jobs have been stabilized, when you find ways to extend the working season.

  • Empowering Futures — Student Work Placement Program 

    ​Electricity Human Resources Canada (EHRC)
    Get a 75% wage subsidy up to $7,500/student when you provide work-integrated learning opportunities for post-secondary students, including remote work placements during COVID-19, in the field of electricity.

  • Funding: Canada Summer Jobs 

    Employment and Social Development Canada
    If you hire students for the summer, this subsidy could help you cover 50% of their wages.

  • Gearing Up 

    Mining Industry Human Resources Council
    Get a wage subsidy of up to $7,500 to create new work-integrated learning opportunities for students in mining-related post-secondary education programs.

  • Housing Internship Initiative for First Nations and Inuit Youth 

    Canada Mortgage and Housing Corporation
    Wage subsidy for Indigenous businesses and other Indigenous organizations that give First Nations and Inuit youth work experience or on-the-job training in the housing sector.

  • ICTC — Work Integrated Learning Program 

    ​Information and Communications Technology Council
    Get a wage subsidy to cover up to 75% of the costs of a work term placement that provides post-secondary students with digital learning, to a maximum of $7,500 per placement, with maximum coverage for first-year students or those in under-represented groups.

  • Industrial Research Assistance Program (IRAP) — Youth Employment Program 

    National Research Council Canada
    Get financial assistance to help cover the cost of hiring a post-secondary graduate (15 to 30 years old) for 6 to 12 months to work on projects with R&D, engineering, multimedia or market analysis components or the development of a new product or process.

  • Job creation assistance (in French only)

    ​Emploi Québec
    Receive technical and financial assistance to meet your new workforce needs.

  • Job integration contract 

    Emploi Québec
    Get salary support and reimbursement of certain additional expenses necessary for the integration and employment of a person with a disability.

  • Magnet — Student Work Placement Program 

    ​Magnet
    Get a wage subsidy to cover up to 75% of the costs of a work term placement, to a maximum of $7,500 per placement, when you hire a post-secondary student.

  • Mitacs — Business Strategy Internship 

    ​Mitacs
    Get a contribution to cover a portion of eligible expenses for a collaborative project. Activities should address a business innovation components (R&D to improve connectivity, access to innovation, enabling partnerships and providing training for SMEs, women, Indigenous peoples and other underrepresented groups).

  • NRC-IRAP Innovation Assistance Program 

    National Research Council Canada
    If your incorporated, early-stage business has fewer than 500 employees, is pursuing technology-driven innovation and is not eligible for the Canada Emergency Wage Subsidy, you can get a wage subsidy for your employees for up to 12 weeks during COVID-19.

  • Science and Technology (S&T) Internship Program - Green Jobs 

    ​Natural Resources Canada
    ​If your business is in the geomatics, geology, mining, forestry or energy industry, you could get money to hire a recent graduate of natural sciences.

  • Student Work Placement Program 

    Employment and Social Development Canada
    Subsidy of $5,000 to $7,000 to hire post-secondary students studying science, technology, engineering or math (STEM) for a placement.

  • Support for hiring workers who have suffered employment injuries (in French only)

    CNESST
    You may be able to obtain a grant to hire workers who have suffered employment injuries.

  • TECHNATION — Career Ready Program 

    ​TECHNATION
    Get a wage subsidy to cover up to 75% of the costs of a work term placement, to a maximum of $7,500 per placement, when you hire a post-secondary student. Maximum coverage for first-year students or those in under-represented groups.

  • Tax holiday for foreign researcher salaries in Quebec 

    Ministère de l'Économie et de l'Innovation
    Attract highly skilled foreign researchers to work on SR&ED projects in Quebec by offering them a tax holiday ranging from 100% coverage of their taxable earnings in the first two years to 25% coverage in the fifth year.

  • Temporary Wage Subsidy for Employers 

    ​Canada Revenue Agency
    Get a wage subsidy of up to $25,000 to cover 10% of the remuneration you paid from March 18, 2020 to June 19, 2020, up to $1,375 per eligible employee.

  • Transportez vert — Ecodriving Training 

    Transition énergétique Québec
    Get up to $30,000 to cover up to 50% of eligible expenses involved in training fleet drivers of light or heavy-duty road vehicles in reducing energy consumption and driving more efficiently. Assistance covers up to $1,000 per training session.

  • Valorisation Jeunesse — Place à la relève (in French only)

    Ministère de l'Immigration, de la Francisation et de l'Intégration
    ​Would you like to help train the next generation of workers by offering summer internships? If so, you could receive financial assistance and advice for hiring young Montrealers.

  • Young Canada Works at Building Careers in English and French 

    Canadian Heritage
    Get a wage subsidy of up to $13,000 to cover the costs of an international internship of 4 to 12 months (30 to 40 hours per week).

  • Young Canada Works at Building Careers in Heritage - employers 

    ​Canadian Heritage
    ​If you offer heritage-related internships to young graduates, your non-profit organization could receive financing covering up to 75% of the associated costs.

  • Young Canada Works in Both Official Languages — For-Profit 

    Canadian Heritage
    Get a wage subsidy to cover 50% of the costs of paying a summer student to work 30–40 hours a week for 16 weeks, if you operate a for-profit business.

  • Young Canada Works in Both Official Languages — Not-for-Profit 

    Canadian Heritage
    Subsidy covering 70% of wages to hire summer students for 16 weeks (30 to 40 hours per week) in not-for-profit organizations.

  • Young Canada Works in Heritage Organizations - employers 

    ​Canadian Heritage​
    ​This grant could cover up to 75% of the costs of offering heritage-related internships to young students.

Grants, contributions and financial assistance

  • Aboriginal Initiatives Fund III (in French only)

    Secrétariat aux affaires autochtones
    Your for-profit or non-profit Indigenous organization could be eligible for a grant for its economic development project.

  • Access to Talent Program 

    Natural Products Canada
    Canadian SMEs or start-up companies can receive up to 40% of the cost of a new employee’s salary to a maximum of $75,000 in order to carry out a project that supports the development of a natural product or technology.

  • BDC Women in Technology Venture Fund 

    Business Development Bank of Canada
    Get up to $1 million in financing at the seed stage and up to $10 million at the growth stage if your technology company is led by women.

  • CED Jobs and Growth Fund — Indigenous stream 

    ​Canada Economic Development for Quebec Regions
    If your business is working on a project to transition to a green economy, foster an inclusive recovery, become more competitive and create jobs for Canadians, you could get a contribution for up to 100% of the project’s cost.

  • CED Jobs and Growth Fund — Not-for-profit Stream 

    Canada Economic Development for Quebec Regions
    If your business is working on a project to transition to a green economy, foster an inclusive recovery, become more competitive and create jobs for Canadians, you could get a non-repayable contribution for up to 90% of the project’s cost.

  • Canada Book Fund Support for Organizations — Internships 

    Canadian Heritage
    Contributions of up to $22,500 (typically $15,000) for internships in the book publishing, distribution, marketing, wholesale or retail sectors representing Canadian authors.

  • Canada Digital Adoption Program — Boost your business technology 

    Innovation, Science and Economic Development
    Get financial support for your SME to adopt new technologies. Support for your businesse will be in the form of grants to offset the cost of retaining Digital Advisors who will develop digital adoption plans tailored to the business. The grant will cover 90% of the cost to develop the digital plan, up to $15,000. To support the implementation of the plan, your SME will be able to apply for a zero-interest loan from the Business Development Bank of Canada (BDC) (up to $100,000) as well as a wage subsidy up to $7,300 for a youth placement.

  • Canada Digital Adoption Program — Boost your business technology — Digital Advisors 

    ​Innovation, Science and Economic Development
    Digital Advisors will work with eligible SMEs to develop digital adoption plans tailored to the needs of the client.

  • Canada Recovery Benefit 

    ​Canada Revenue Agency

    Get up to $500 per week for up to 38 weeks if you lost regular income due to COVID-19, are actively looking for work, and aren’t eligible for Employment Insurance.

  • Community Interaction Program — Awareness-raising 

    Environment and Climate Change Canada
    Get up to $100,000 in funding for an awareness project arising from a specific environmental issue that target a particular group in the community and lead to concrete short-term actions.

  • Compensation for Employers of Reservists Program 

    Employment and Social Development Canada
    If you are a civilian employer of reservists or a self-employed reservist, get financial assistance to offset operational costs you incur when reservists deploy on full-time operational duty, both domestically and abroad.

  • Creating, Knowing and Sharing — Long-Term Projects 

    ​Canada Council for the Arts
    Get a grant of up to $300,000 for 1–3 year projects involving creating (research/writing), knowing (mentorship, training) or sharing (exhibitions, presentations, collaborations) — including those with non-Indigenous artists.

  • Creation of a human resources department 

    Emploi Québec
    If your business is expanding, get money to cover up to 50% of the costs of hiring an HRM professional to analyze your company's needs and help you set up a human resources department.

  • Digital Skills for Youth Program 

    ​Innovation, Science and Economic Development Canada
    Get a subsidy of up to $30,000 to cover the wages and associated training costs when you hire a post-secondary graduate 15 to 30 years old. You must provide the intern with digital and soft-skills experiences that will prepare them for the workplace.

  • Employment stabilization 

    Emploi Québec
    Get up to $5,000 to cover up to 50% of wages for staff whose jobs have been stabilized, when you find ways to extend the working season.

  • Explore and Create — Professional Development for Artists 

    ​Canada Council for the Arts
    If you’re an artist, curator or part of an artist group or collective, you could get up to $10,000 towards career advancement opportunities, like training, mentorship, or workshops.

  • Farm Credit Canada — Loans and lending options 

    Farm Credit Canada
    You could access flexible financing options for your farming, agri-food or agribusiness operation.

  • Fast-Track to Financing Program 

    Natural Products Canada
    If you're a Canadian incorporated SME, start-up company, or academic research institute, you can get a contribution of up to $25,000 for the cost of an external consultant or other service provider that will help develop a business or commercialization plan.

  • First Nations and Inuit Skills Link Program (Not-for-Profit Sector) 

    Indigenous Services Canada
    Get a contribution to develop projects to help First Nations and Inuit youth acquire essential employment skills and learn about job and career options.

  • First Nations and Inuit Skills Link Program (Private Sector) 

    Indigenous Services Canada
    Get a contribution to develop projects that helps First Nations and Inuit youth acquire essential employment skills and learn about job and career options.

  • Foreign Credential Recognition Program 

    Employment and Social Development Canada
    Your NPO could receive financing to create and implement processes and tools to recognize training and skills acquired abroad.

  • INNOGEC - Relance Fund (in French only)

    ​Filaction
    ​Get up to $10,000 to cover the fees of experts who will help your collective business assess the situation following the health crisis and up to $30,000 for them to assist you with your change management plan, recovery or business model adjustment.

  • INNOGEC Fund (in French only)

    ​Filaction
    ​Get up to $15,000 to cover a portion of the service fees of management and governance consultants employed by your group company.

  • Indigenous Community Business Fund — Stream 2 

    ​Indigenous Services Canada
    Get a non-repayable contribution to cover eligible operating costs if your Indigenous business has experienced a significant reduction in revenues due to COVID-19.

  • Job integration contract 

    Emploi Québec
    Get salary support and reimbursement of certain additional expenses necessary for the integration and employment of a person with a disability.

  • Mass layoff (in French only)

    ​Emploi-Québec
    If you plan to lay off more than 50 people, you could receive technical and financial assistance to set up a reclassification assistance committee.

  • Mitacs Accelerate 

    Mitacs
    Stretch your $7,500 investment and expand your R&D potential by collaborating with faculty, college students, graduate students, and postdoctoral fellows on your company's complex research challenges.

  • PME MTL – Subsidies to support social economy initiatives 

    ​PME MTL
    Get a non repayable contribution of up to $50,000 to cover up to 80% of the costs of undertaking an innovative social economy project from planning stage to growth.

  • PME MTL – Young Business 

    PME MTL
    Get up to $15,000 to help with your start-up and growth.

  • Quebec Economic Development Program 

    Canada Economic Development for Quebec Regions
    ​Find out about financial and other resources that can help you develop your Quebec business.

  • Search and Rescue New Initiatives Fund 

    Public Safety Canada
    Search and rescue organizations can apply for funding for projects that improve search and rescue response or prevention and align with national priorities, such as training programs, equipment purchases, R&D projects, prevention or awareness campaigns, or multijurisdictional exercises.

  • Student Work Placement Program 

    Employment and Social Development Canada
    Subsidy of $5,000 to $7,000 to hire post-secondary students studying science, technology, engineering or math (STEM) for a placement.

  • Transportez vert — Coaching 

    Transition énergétique Québec
    Get financial assistance of up to $100,000 to cover up to 50% of eligible expenses involved in having a coach work with your road vehicle fleet managers on energy management, including identifying ways to reduce fuel consumption and GHG emissions, putting these measures into place, and tracking the results.

  • Transportez vert — Ecodriving Training 

    Transition énergétique Québec
    Get up to $30,000 to cover up to 50% of eligible expenses involved in training fleet drivers of light or heavy-duty road vehicles in reducing energy consumption and driving more efficiently. Assistance covers up to $1,000 per training session.

  • Union Training and Innovation Program — Innovation in Apprenticeship 

    ​Employment and Social Development Canada
    Get financial assistance to support innovation and broad-based partnerships for new ways of training that help apprentices, particularly those in underrepresented groups, become certified journeypersons.

  • Valorisation Jeunesse — Place à la relève (in French only)

    Ministère de l'Immigration, de la Francisation et de l'Intégration
    ​Would you like to help train the next generation of workers by offering summer internships? If so, you could receive financial assistance and advice for hiring young Montrealers.

  • Workforce training measure 

    Emploi Québec
    Get a contribution of up to 50% in training costs to support the development of the professional skills of your workers and to counter the risk of job loss.

  • Youth Employment and Skills Program 

    Department of Agriculture and Agri-Food
    If you’re a producer or food processor who is in need of extra labour, get a subsidy to cover at least 50% of wages to a maximum of $14,000/employee, as well as $5,000/employee for relocation costs, when you hire youth to work on agricultural projects.

Other resources

You can also consult our other directories of financing programs.

You could also avail yourself of non-financial resources to succeed in your business venture.

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