Grant and Funding Programs Offered by Productique Québec

Productique Québec, as a college technology transfer center affiliated with the Cégep de Sherbrooke, plays an essential role in providing financial support to Quebec manufacturing companies, facilitating their access to advanced digital technologies. By working closely with companies, Productique Québec helps them identify and integrate appropriate technological solutions, which can improve their productivity and boost their capacity for innovation. One of Productique Québec's notable contributions is its role in facilitating access to public financing for companies. For example, in 2021, Productique Québec received a non-repayable contribution of $920,000 from Canada Economic Development for Quebec Regions. This financial assistance enabled the acquisition and installation of state-of-the-art equipment, such as an automated additive manufacturing machine (3D printer), a digital machining center for part post-processing, as well as advanced measuring equipment needed for quality control. These resources are made available to manufacturing companies to help them innovate and improve their production processes. In addition, Productique Québec supports companies in their efforts to obtain additional financing, helping them to draw up solid business plans and directing them towards available subsidy and tax credit programs. This assistance is crucial for small and medium-sized enterprises (SMEs) wishing to invest in digital technologies, but who may lack the resources or knowledge to navigate complex financing options. Through its initiatives, Productique Québec helps to reduce financial barriers to the adoption of advanced technologies, enabling Quebec companies to remain competitive in the global marketplace. By facilitating access to financial and technological resources, Productique Québec plays a key role in the digital transformation of Quebec's manufacturing sector.