How much funding can be received?

Funds up to 50% of admissible expenses, capped at $450000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the MTRIC — INNOV-R SME?

MTRIC — INNOV-R SME is funded by Metal Transformation Research and Innovation Consortium (MTRIC)

What are MTRIC — INNOV-R SME's eligibility criterias?

The company must be a regular member of the CRITM. The company must be an SME (small or medium-sized enterprise) with 250 employees or less, constituted according to federal or Quebec laws, registered in the Quebec Enterprise Register, and have a place of business and production and/or R&D activities in Quebec. The company must demonstrate the ability to finance 50% of the project's eligible costs and have potential for growth.

MTRIC — INNOV-R SME

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QC, Canada

Supports innovative projects for reducing greenhouse gas emissions

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Grant and Funding

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Manufacturing

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Metal Transformation Research and Innovation Consortium (MTRIC)

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The CRITM — INNOV-R SME grant offers up to $450,000 in non-repayable funding to support SMEs in developing innovative industrial research projects aimed at reducing greenhouse gas emissions. Eligible activities include engineering breakthroughs in the metal transformation sector and the advancement of environmentally friendly technologies.

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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.

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Development of innovative industrial research projects aimed at reducing greenhouse gas emissions in the metal transformation sector.
Implementation of new technologies that facilitate the reduction of GHG emissions.
Collaborative innovation projects focused on discovering solutions for GHG emissions reduction.
Development of intellectual property related to new technologies aimed at reducing GHG emissions.
Strengthening the adoption of clean technologies within the metal transformation industry.
Stimulating investments in innovation focused on reducing GHG emissions.

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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.

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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

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

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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.