Canadian Restaurants Receive Support from Amex, IDA Program

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American Express Bocadillo
(CNW Group/American Express Canada)

TORONTO — American Express has announced the 20 Canadian recipients of the Backing International Small Restaurants program in partnership with the International Downtown Association Foundation. In its third year, the program expanded its support to restaurants in Montreal, alongside Toronto.

First launched in 2022, the Backing International Small Restaurants program aims to support small and independently owned restaurants with community significance and economic need for physical or digital improvements to their businesses.

In total across both cities, 20 restaurants received grants of $19,500 each to put towards making improvements that have a long-term impact on growth and sustainability, helping businesses grow their customer base and increase community vibrancy.

Globally, the program has more than doubled the annual grant funding to US$1 million, up from US$435,000 last year, and expanded its support to restaurants in nine cities around the world. Since its inception in 2022, the program has provided funding to more than 135 restaurants. 

“Small restaurants enhance our local neighbourhoods in so many ways, from introducing us to new tastes and cultural cuisines, to providing us with spaces to gather and deepen our sense of community,” says Kerri-Ann Santaguida, VP and GM of Merchant Services for American Express Canada.  “We are proud to support a new group of local restaurants, providing funding to enhance the essential elements of their business operations and the meaningful experiences they create for their communities.”

One of the selected restaurants is Bocadillo, a family-run restaurant in Montreal that has served as a beacon for the city’s Venezuelan community since 2008. The restaurant credits itself as a hub for authentic food and culture, with a proud tradition of treating customers to performances from different Venezuelan musical acts throughout the year.

“I would like to express my deepest gratitude for being selected to receive the Backing International Small Restaurants grant. It’s an honour to be recognized for our work and commitment. These funds will help us continue to promote Latin music and culture in Montreal, which is our main objective. We firmly believe that this grant will go a long way towards creating an even greater impact in our community,” says Laura Uzcategui, owner of Bocadillo.

“We’re thrilled to announce the third cohort of restaurants selected for the Backing International Small Restaurants program,” says David Downey, executive director, IDA Foundation. “This year, we’ve expanded our reach to nine cities globally through the continued generosity of American Express. We are proud to empower these extraordinary restaurants to thrive and strengthen the fabric of their neighbourhoods.”

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