Financing
Montréal: a substantial financing capacity for companies and technologies
Compared to the rest of Canada, an unequalled access to capital: in 2007, Montréal ranked first among major Canadian metropolitan areas for the financing of new technologies sourcing some 80% of all invested capital.
Banks
Canadian banking institutions offer every possible financing tools for day-to-day business operations as well as medium- to long-term acquisition of equipment or building. Numerous foreign banking institutions have branches in Montréal: BNP Paribas, HSBC, UBS, Crédit Lyonnais, etc.
Venture capital
For a list of most VCs present in Montréal, their association is a good starting point: Réseau Capital.
Financing angels
Montréal Startup.com: helping passionate entrepreneurs rapidly turn an idea into a beta service that might then become the basis for a successful business.
Governments
Governments involved in economic development at the federal and provincial levels can also assist business in offering programs aimed at:
- improving productivity
- exports
- business acquisitions
- marketing
- R&D
- direct investment projects
Economic development agencies
With the help of local economic development corporations (CLDs, CDEC) the city encourages local entrepreneurship through a variety of investment funds for start-ups, business acquisitions and target clienteles (young promoters, social economy companies). For the relevant organization in your borough or municipality, see the Municipal business partners section.
