Fund for Innovation and Technology (FIT)
Mirabel, QC, Canada
Funds innovation for Mirabel businesses' productivity enhancement
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- Mirabel Economique
grant_single|status
grant_card_status|open
grant_single_labels|preview
The grant program aims to encourage the integration of advanced innovations or technologies to increase the productivity of businesses in Mirabel, offering financial support of up to $25,000 per enterprise. Eligible activities include production automation, process modernization, digital transformation, and the adoption of digital tools such as CRM systems and e-commerce solutions.
grant_single_labels|terms_and_conditions
This grant provides financial assistance to support the integration of innovative technology and practices to enhance business productivity. Funding is structured to ensure maximum impact by covering a significant portion of project costs.
- Financial contribution of up to $25,000 per company.
- The financial assistance is limited to 50% of the total project cost.
- The cumulative financial aid from municipal, provincial, or federal sources must not exceed 70%.
grant_single_labels|projects
The Fund for Innovation and Technology supports projects that integrate new innovations or cutting-edge technologies to enhance productivity in businesses located in Mirabel. These projects focus on various aspects of digital transformation and modernizing business operations.
- Automation of production processes.
- Modernization of production processes.
- Digital transformation initiatives.
- Implementation of Industry 4.0 manufacturing solutions.
- Integration of e-commerce solutions.
- Integration of digital tools in operations (e.g., CRM systems).
- Acquisition of software and necessary technologies for business digital transformation.
grant_single|admissibleProjectsExample
$ 25,000
Implementing CRM and e-commerce for better client management
$ 25,000
Automation of packaging process in organic food company
$ 25,000
Adoption of Industry 4.0 solutions in metal fabrication shop
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the applicant's profile and proposed project.
- The applicant must be a Canadian citizen and at least 18 years old at the time of application.
- The company must be legally constituted as a corporation and duly registered with the Quebec Enterprise Register (REQ).
- The applicant must have at least a 20% cash contribution for startups and 20% equity post-project for growing businesses.
- The applicant must submit a business or strategic plan demonstrating that the project adds value to the company.
- The applicant must obtain the certificate of occupancy and any other necessary permits for the project.
- For businesses operating in highly competitive sectors, the applicant must demonstrate the exceptional and innovative nature of the project.
grant_eligibility_criteria|who_can_apply
Cette subvention s'adresse aux entreprises basées à Mirabel cherchant à intégrer des innovations ou des technologies de pointe, dans divers domaines de l'activité commerciale. Les entreprises admissibles doivent intégrer ces innovations dans leurs processus de fabrication, leurs services, leur organisation ou leur marketing. Le fonds est ouvert aux initiatives d'automatisation, de modernisation des processus, à la transformation numérique, au déploiement du manufacturier 4.0, ainsi qu'à l'adoption de solutions de commerce en ligne et d'outils numériques comme les CRM.
grant_eligibility_criteria|eligible_expenses
This fund aims to encourage and support initiatives that integrate new innovations or cutting-edge technologies to increase the productivity of businesses in Mirabel. The projects must align with Mirabel's Business Support Policy and can include various activities related to the modernization and digital transformation of businesses.
- Automation of production.
- Modernization of production processes.
- Digital transformation.
- Implementation of Industry 4.0 manufacturing principles.
- Integration of e-commerce solutions.
- Integration of digital tools in operations, such as CRM systems.
- Acquisition of software and technologies necessary for the company's digital transformation.
grant_eligibility_criteria|zone
This grant targets businesses operating in a specific region to support their technological advancements and innovation pursuits. Companies in this area are supported to enhance productivity through innovative practices, digital transformation, and technological integration.
- Businesses located in the city of Mirabel.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Verify Eligibility
- Ensure the applicant meets the citizenship and age requirements.
- Confirm the business is legally constituted and registered with the REQ.
- Ensure the availability of at least 20% of the project costs as equity or liquidity.
- Prepare a business or strategic plan showing the project's value addition.
- Obtain necessary permits and certificates.
- Step 2: Review Policy Details
- Consult the "Politique de soutien aux entreprises" of Mirabel for eligible and non-eligible expenses.
- Step 3: Prepare Application Materials
- Gather all necessary documents including the business plan, proof of funds, and permits.
- Prepare a detailed description of the innovation or technology to be integrated.
- Step 4: Submit Application
- Submit all required documents to the appropriate department or online portal, if available, as indicated by the city of Mirabel's guidelines.
- Ensure submission before any stated deadlines.
- Step 5: Confirmation of Submission
- Receive confirmation of your submission from the funding body.
- Maintain a copy of the confirmation for further correspondence.
grant_single_labels|otherInfo
This grant aims to support businesses in Mirabel enhancing productivity through the adoption of innovative technologies. Financial assistance of up to $25,000 is available, covering a maximum of 50% of the project cost, with cumulative aid from municipal, provincial, or federal sources not exceeding 70%.
- Eligible applicants must be Canadian citizens, at least 18 years old, and legally constituted as a corporate entity registered with the Quebec Enterprise Register.
- Applicants must have a minimum 20% financial stake in the project.
- A business or strategic plan demonstrating added value to the company is required.
- Necessary occupation certificates and permits must be obtained.
- Projects in highly competitive economic sectors must prove their exceptional and innovative character.
- For startups, a 20% investment should be in liquidity, while for growing businesses it can be in equity post-project.
- Refer to the current Business Support Policy of the City of Mirabel for eligible and ineligible expenses.