MTRIC — INNOV-R SME

• Co-financing of up to 50% of eligible project expenses is available.
• The maximum non-repayable subsidy from CRITM for each project is CAD 450,000.
• Projects must be completed within a maximum period of 24 months.
• The project must include at least two partner companies, one of which must be an SME. Larger enterprises and other entities can participate as secondary partners.
• Industrial partners must provide at least 50% of the project financing in cash.
• Financial partners need to agree on a unified budget for all project activities.
• Co-financing sources must not have prior financial commitments.

• The applicant must be a member of the CRITM.
• The project must be connected to one or more CRITM research axes such as transformation processes, advanced metallic product design, ecological footprint reduction, or digital innovation.
• The application must be submitted by an SME with 250 employees or less, incorporated under federal or Quebec laws, registered with the Quebec enterprise registrar, and having a business presence and activities in Quebec.
• The SME must be able to cover 50% of the eligible project costs and demonstrate growth potential, providing financial statements for the last two years and a business plan alongside the letter of intent.
• All project partners must become members of the CRITM for the project's duration.
• The project must have a minimum of two business partners, including at least one SME.
• The applicant must submit a letter of engagement from partners detailing their contribution and anticipated outcomes.

Who is eligible?

• Regular members of the Consortium de recherche et d'innovation en transformation métallique (CRITM)
• Companies involved in the transformation of metals such as steel, aluminum, and other critical and strategic minerals
• Businesses in sectors including Extraction and Concentration, Primary Production, First, Second, and Third Transformation, Finished Products, and Metal Recycling
• Small and Medium Enterprises (SMEs) with 250 employees or less, incorporated under federal or Quebec laws, registered in Québec's businesses registrar, and operating production and/or R&D activities in Quebec

Eligible geographic areas

• Companies with a place of business in the Province of Quebec, Canada.

• The CRITM offers assistance to applicants to validate their proposals and simulate budgets to align with program standards.
• The CRITM does not claim intellectual property rights for funded projects but requires an agreement on IP management among partners.
• An intellectual property management agreement must be signed with all partners within three months of official confirmation (or six months in some cases).
• Contact information is provided for further inquiries.