We are very proud to announce that Lexop is the laureate of the 2017 edition of the Fondation Montréal inc. grant. Every year, the latter awards amounts between $5,000 and $30,000 “to innovative Montreal businesses that show high growth and potential”. Previous winners include Lightspeed, Frank + Oak, Lufa Farms, and many other startups that we admire.
Besides the grant, Fondation Montréal inc. also offers a lifetime access to services such as coaching, mentoring, and business referral.
The application process involved many steps. We had to provide a detailed business plan, a financial summary (and projections), and we were also interviewed by selection committees. Although submitting our candidacy required rigorous work, the process was very rewarding (besides the reward itself obviously). It forced us to fine-tune our go-to-market strategy and establish very realistic goals which the Fondation requires us to respect.
We are excited to work with the very professional and helpful team of Fondation Montréal inc. The startup community in Montreal is booming and support is flowing. It has never been a better time to be an entrepreneur!