ProMontreal Entrepreneurs program offers a number of distinct services to support entrepreneurs. We offer business plan feedback and guidance, a network of mentors and investors, guidance & referrals on accessing alternative funding sources.
THE PME FUND
Twice a year, startups have the opportunity to receive funding via the PME fund. Funding rounds are held in March, and in October. Here’s what happens if you become a PME funded business:
The overall goal of the PME fund is to help startups ta ke off. Startups arrive at ProMontreal in different stages. Some are ideas while others have been launched for two years. But whatever stage a startup is at when they arrive, our goal is to help get them in dramatically better shape than when they started.
Throughout the duration of the program, we have a close and intense relationship with our startups. We help them grow in a variety of ways, but the approach is unique as it is specific to the needs of the individual startup we are working with. The PME Manager provides coaching.
WHO WE ARE
ProMontreal Entrepreneurs (PME) is a mentor-driven accelerator that helps early-stage businesses. Our mandate is to help entrepreneurs build and strengthen their business roots in Montreal. We provide 50k in capital loans and access to veteran entrepreneurs, angel investors, VCs and senior executives, as well as perks and services.
PME COMMITTEE AND TEAM
Stephen Bronfman (Co-Founder) | James Alexander (Co-Founder) | Earl Azimov | Geoffrey Gelber
Adam Goldberg | Danny Ritter | Clarence Epstein | Etan Jagermann | Shawn Rozansky | Michael Elman
ACCLR BUSINESS SERVICES ccmm.ca/en/services/ T / 514-871-4000
GLOBAL AFFAIRS CANADA international.gc.ca/ global-affairs-affaires-mondiales
INVESTISSEMENT QUEBEC innovation.investquebec.com
RESEAU DES FEMMES D’AFFAIRES (RFAQ) rfaq.ca
TRADE ACCELERATION PROGRAM ccmm.ca/en/services/tradeaccelerator-program-tap T / 514-871-4002
THE CHAMBER OF COMMERCE OF METROPOLITAN MONTREAL ccmm.ca T / 514-871-1255
INNOVATION, SCIENCE AND ECONOMIC DEVELOPMENT CANADA ic.gc.ca
CABINET CREATIF cabinetcreatif.ca
PME MTL pmemtl.com
NATIONAL BANK HEC MONTREAL ACCELERATOR labase.hec.ca/programmes/ accelerateur
CENTECH centech.co
HO W TO CREATE A BUSINESS PL AN in 10 easy steps
PRO-TIPS
MISSION / VISION / VA L UES
Mission
Vision
Statement describing your business function, goals, and philosophies.
Your short-term, mid-term and long-term vision.
Values
The core corporate values that shape your vision and mission.
BRIEF HISTO RY
A short summary of your company since its start-up, milestones, and development stages.
SHAREHOLDERS, E XECUTIVE OFFICERS, ST RATEGIC PA RTNERS
Describe your organizational structure (shareholder’s names, list management, and personnel responsibilities) and include information about executive officers and strategic partners.
PROJECT DESCRIPTION
Include: The project idea and its origin, the progress of the project, the anticipated development process, necessary tools, measures, methods and means, technological features and advantages, patents, trademarks, and other types of intellectual property to be considered.
FINANCIAL SUMMARY
Include summary of costs (current assets and intangible assets) and financing (short-term liabilities, long-term liabilities, and shareholders’ equity).
PHISICAL AS SET S
Include purchase-related costs and all pertinent documents. Include a detailed description of the working facilities and assets, owned, and leased.
STAFF & MANPO WER
List and briefly discuss existing jobs and jobs to be created (other than executive officer). Resumes of all employees must be attached to appendix.
INDUSTRY & MARKETPL AC E
Analyse industry and target market. Identify target market, specify the size of the target market, and describe the market evolution (essential changes and trends). Include a SWOT (Strength, Weaknesses, Opportunities, and Threats). Identify competitors and elaborate on your competitive advantage and what makes is sustainable.
MARKETING ST RATEGY
Describe your 4Ps (Product, Price, Place, and Promotion). Also explain your product positioning (how the company will position itself compared to competition).
FINANCIAL PROJECTIONS
Financial projections for a minimum of 3 years must include: monthly cashflow budget, monthly income statement, and a year-end balance sheet. This should be based on reasonable and realistic assumptions.
