Registration is now open for the Défi PME MTL challenge.
The PME MTL network, which fosters local economic activity by promoting entrepreneurship and employment throughout Montreal, is lending its name to a competition designed to promote new local business on the provincial scene.
The network includes experts in six service hubs across the city that offer support and financial assistance for entrepreneurs and business leaders. PME MTL runs the local and regional entrepreneurship competition which acts as a springboard to the province-wide competition Défi OSEntreprendre.
While this is the first year for the Défi PME MTL challenge at the local/regional level, OSEntreprendre has been a presence in the entrepreneurial community for the past 19 years.
“We’re really proud to work on this project. As it will help young companies grow, it is targeted to entrepreneurs that have started a business within the last year or that will start a business by the end of the year,” Maud Barbeau-Arseneault of PME MTL told MTLinTECH.
As such, applicants must not have sales prior to April 2016 and must expect to generate sales by the end of the year.
The honorary chairman and spokesperson for the competition is Bastien Poulain, founder of 1642 Sodas and a former finalist and winner in a number of PME competitions.
“Registering for Défi PME MTL is the first door – and one that is easy to open – that can make all the difference, because you get noticed and you can quickly refine your business idea with the support of juries and experts,” he said in a press release this week. “Plenty of opportunities are created this way.”
Défi PME MTL will have seven categories: biofood, business operations (processing and production), commerce, services to companies, services to individual, social economy, technological and technical innovation.
Winners in each category will get cash prizes and move forward onto the next round, the culmination of which will be the Défi OSEntreprendre in Quebec City as well as the chance at $70,000 in grants and the chance of further visibility.
Registration is open until March 14 at 4 pm.