MicroEntreprendre
MicroEntreprendre offers microcredit loans of $2,000 to $20,000 to Quebec entrepreneurs who cannot get a regular bank loan. This is a loan you must repay. Confirm the terms with your local partner.
Before you spend any money
Confirm the application processing time and disbursement schedule with your regional MicroEntreprendre office, as these vary by regional partner.
At a glance
Subject to program rules, available funding, and approval. Confirm current details with the official program administrator.
Is this for you?
- You are a Quebec micro-business owner who has been turned down by traditional banks.
- You need capital to start, develop, or consolidate a project in any sector.
- You are ready to work with a local support organization for guidance alongside your loan.
Probably not the right fit if
- You are located outside of Quebec, as this network only serves the province.
- You have easy access to conventional bank loans or lines of credit.
- You are looking for a grant or non-repayable funding, since this is a loan you must repay.
How much you'd realistically get
$2,000 to $20,000 in microcredit. Confirm the exact amount with your regional MicroEntreprendre member.
What may be supported
- Starting a new business project.
- Developing an existing business project.
- Consolidating a business project.
How applying works
Effort: moderateYou must contact your specific regional organization to determine eligibility and complete the application process.
- 01Identify the MicroEntreprendre member organization serving your specific region in Quebec.
- 02Contact the organization by email or phone to check your eligibility.
- 03Prepare your business project details for starting, developing, or consolidating your business.
- 04Submit your application to the regional organization as directed.
- 05Confirm the loan terms, including amount, interest, and repayment schedule, before accepting the funds.
Who to ask: info@microentreprendre.ca or 514 900 0961
Documents commonly required
- Proof of residence in Quebec.
- Business plan or project description.
- Financial statements or personal financial information to demonstrate lack of conventional financing access.
- Legal business registration documents.
What to know before you count on it
- This is a loan, not a grant, so you must repay the principal plus any interest or fees.
- The specific loan amount, interest rate, and repayment schedule vary by regional partner, so confirm them with your local MicroEntreprendre office.
- Eligibility is determined by your regional member organization, so approval is not guaranteed.
- You must have little or no access to conventional financing to qualify.
What are your odds?
Approval depends on your individual financial situation and the assessment of your regional MicroEntreprendre member.
Frequently asked questions
How much can I borrow?
Between $2,000 and $20,000. The exact amount depends on your regional partner.
Is there interest on the loan?
Ask your regional MicroEntreprendre office for the full cost of borrowing, including interest and fees, before you accept the loan.
Can I use this for any business type?
Yes, the program supports entrepreneurs in all sectors of activity and all legal forms of businesses, provided you are located in Quebec.
How do I apply?
You must contact the MicroEntreprendre organization in your specific region to determine eligibility and apply.
What you can combine it with
This program is related to Nano prêt, Prêt-pont, and Prêt d'honneur; confirm with your regional organization if these can be combined.
Worth reading before you apply
Get alerted when this changes
Programs open and close, budgets run out, rules change. We send one short email when something changes that matters for this program.
Page last updated ; status and deadline checked . Source: official program page.