INNOGEC
Montréal, QC, Canada
Make professional management consulting and governance services accessible by contributing to the payment of professional fees for consulting and advisory services
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
Expert Advice
grant_single|eligibleIndustries
- grant_single|allIndustries
grant_single|grantors
- City of Montreal (MTL)
grant_single|status
grant_card_status|open
grant_single_labels|preview
The INNOGEC fund offers non-repayable contributions of up to $15,000 to cover up to 40% of the professional fees for strategic and analytical consulting services. The program aims to support Québec-based social businesses by making professional management consulting and governance services more accessible.
grant_single_labels|projects
There are several projects and activities eligible for the INNOGEC grant.
- Analysis of service production costs
- Financial analysis
- Development of new services
- Business diagnosis
- Market research, development of new markets, and costing exercises
- Human resource management
- Organization and processes
- Business plan
- Strategic planning
grant_single|admissibleProjectsExample
$20,000
Vancouver
Business diagnosis for community health clinic
$15,000
Toronto
Market research to expand eco-friendly products
$7,000
Calgary
Strategic planning for small artisanal bakery
$9,000
Winnipeg
Financial analysis and costing exercise for a nonprofit
$20,000
Halifax
Development of new services for a social enterprise
$15,000
Ottawa
Human resource management consultancy for tech startup
grant_single_labels|admissibility
The eligibility criteria for the INNOGEC grant are as follows:
- Receive financial support from PME MTL
- Be a Canadian citizen or permanent resident
- Be legally constituted and registered in the Registre des Entreprises du Québec (REQ)
- Have its head office in Montréal
- Be a social enterprise, incorporated as a cooperative or non-profit organization with a commercial activity
- Present a project that involves calling up external consultants for strategic assistance
- Present a project that involves the payment of professional fees made by a specialized organization
- Demonstrate the availability of additional financial resources to complete the project
- Demonstrate management experience, knowledge, and skills
- Fill out the application form and provide supporting documents
grant_eligibility_criteria|who_can_apply
Yes, there are eligible types of companies for the INNOGEC grant. The fund is intended for Québec-based social businesses, including cooperatives and non-profit organizations, that are part of the social economy.
- Cooperatives
- Non-profit organizations
- Promoter groups seeking to set up social economy businesses
grant_eligibility_criteria|eligible_expenses
Eligible expenses for the INNOGEC grant include strategic and analytical consulting services that are relevant to the challenges facing the business. Operational issues are not eligible. Some examples of eligible projects are:
- Analysis of service production costs
- Financial analysis
- Development of new services
- Business diagnosis
- Market research, development of new markets, and costing exercise
- Human resource management
- Organization and processes
- Business plan
- Strategic planning
grant_eligibility_criteria|zone
The INNOGEC fund is aimed at Québec-based social businesses, specifically those located in Montréal. Eligible companies must have their head office in Montréal and be incorporated as a cooperative or non-profit organization with a commercial activity.
- Montréal
grant_single_labels|criteria
INNOGEC applications are evaluated based on eligibility conditions, contribution to business development, and overall impact. The selection criteria include:
- Respect for eligibility conditions
- Contribution to business development
- Social, cultural, or economic impact
grant_single_labels|register
- Step 1:
- Download the INNOGEC application form from the official website.
- Completing the application form in Excel format is mandatory.
- Step 2:
- Prepare the documents required for the application:
- Status of incorporation.
- Company financial statements.
- List of board members.
- Professional's offer of service.
- Other documents deemed relevant to the study of the file.
- Step 3:
- Send your complete application to innogec@filaction.qc.ca.
- Be sure to include all requested elements in your submission.
- Step 4:
- Consult INNOGEC's official website for upcoming application deadlines.
- Prepare your application according to these deadlines.
grant_single_labels|otherInfo
- INNOGEC funding is intended to support social businesses in Québec that are part of the social economy.
- Applicants must demonstrate management experience and present a project involving external consultants for strategic assistance.
grant_single_labels|contact
innogec@filaction.qc.ca
Apply to this program
INNOGEC Fund Grant Overview
The INNOGEC fund provides non-repayable contributions to Québec-based social businesses to help cover professional fees for strategic management consulting services, with a focus on those in the social economy. Eligible applicants can receive up to $15,000 to cover 40% of the total cost of qualifying consulting services.
Comprehensive Guide to the INNOGEC Fund: Accessing Support for Strategic Consulting Services
The INNOGEC fund is designed to make professional management consulting and governance services accessible to social businesses by contributing to the payment of professional fees for consulting and advisory services. This initiative aims to support businesses within the social economy in Québec, encouraging strategic development, enhanced governance, and improved operational effectiveness.
Eligibility Criteria
To qualify for the INNOGEC fund, applicants must meet a series of specific eligibility criteria designed to ensure that the grant reaches businesses that can most benefit from the support. Here’s a detailed look at the eligibility conditions:
- Financial Support from PME MTL: The business must be receiving financial support from PME MTL. If you're not currently receiving support from a PME MTL expert, you are advised to find your service hub to initiate the process.
- Residency and Legal Status: Applicants must be Canadian citizens or permanent residents and legally constituted and registered in the Registre des Entreprises du Québec (REQ – Québec enterprise registry).
- Location: The business’s head office must be located in Montréal.
- Structure: The applicant must be a social enterprise, incorporated as a cooperative, or a non-profit organization with a commercial activity.
- Consulting Projects: The project must involve seeking external consultants for strategic assistance and payment of professional fees made by a specialized organization.
- Financial Resources: The business must demonstrate the availability of additional financial resources to complete the financial package for the project.
- Experience and Skills: Evidence of management experience, knowledge, and relevant skills is required.
- Application Documentation: A completed application form and all supporting documents for the project must be submitted.
Eligible Expenses and Projects
INNOGEC funding can cover a range of professional consulting services as long as they are strategically relevant and adequately suited to the challenges being faced by the business. However, interventions related to operational issues are not eligible. Here’s a list of project types that may be considered for financial assistance:
- Analysis of Service Production Costs
- Financial Analysis
- Development of New Services
- Business Diagnosis
- Market Research, Development of New Markets, and Costing Exercise
- Human Resource Management
- Organization and Processes
- Business Plan
- Strategic Planning
Financial Assistance and Contribution
The INNOGEC fund offers non-repayable contributions, with a maximum of $15,000 available to cover up to 40% of the total cost of professional fees incurred for an intervention. It’s imperative that businesses demonstrate they have additional financial resources to cover the remaining 60% of the costs to ensure project completion.
Evaluation and Decision Process
Every application to the INNOGEC fund will be evaluated by a committee comprising members from PME MTL, Filaction, the Caisse d’économie solidaire Desjardins, Fondaction, and the Conseil d’économie sociale de l’île de Montréal (social economy council of Montréal). The committee bases its decisions on several factors, including adherence to the eligibility conditions, the notable contribution of each project to the business’s development, and the project’s social, cultural, or economic impact.
Submitting an Application
When preparing an application for the INNOGEC fund, ensure that it is comprehensive and complete. Incomplete applications will not be considered. The application must include the following elements:
- INNOGEC Application Form (only available in French)
- Constitutional Status of the Business
- Financial Statements
- List of Members of the Board of Directors
- Professional Services Offer
- Any Other Documents Deemed Relevant to Examine the File
Completed applications should be sent to this e-mail address: innogec@filaction.qc.ca.
Important Deadlines
Applicants should keep track of upcoming deadlines for submitting their applications. For the most current deadlines and additional information to prepare your application, please visit the official website at https://fonds-innogec.com/.
Contact Information
For more information about the INNOGEC fund and to get assistance with your application, contact your local service hub. You can find experts in your area by entering your business postal code or selecting your area on the PME MTL website.
Conclusion
The INNOGEC fund offers a valuable opportunity for social businesses in Québec to access professional consulting services that can significantly contribute to their strategic growth and development. By meeting the eligibility criteria and presenting a well-prepared application, businesses can benefit from substantial financial support to overcome their strategic challenges and achieve their goals.
