Closed
Last Update: March 6, 2026
Funding available
$ 450,000
Timeline
- Open Date : April 4, 2025
- Closing date : May 16, 2025
Location
Quebec, Canada
Overview
The INNOV-R PME grant offers a maximum funding amount of $450,000 to support innovative industrial research projects with high potential for greenhouse gas emission reductions in Quebec. Eligible activities must demonstrate significant innovation and collaboration with another Quebec-based company or eligible research environment.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop a new product or service
- Access new markets
- Launch or market a product/service
Eligible Funding
- Maximum amount : 450,000 $
- Up to 50% of project cost
Timeline
- Open Date : April 4, 2025
- Closing date : May 16, 2025
Eligible candidates
Eligible Industries
- Utilities
- Manufacturing
- Transportation and warehousing
Location
- Quebec
Legal structures
- Non-profit
- Public or Parapublic institution
- For-profit business
- Non-financial cooperative
Annual revenue
- All revenue ranges
Organisation size
- 250 employees maximum
Audience
- Canadians
Non-profit candidates
Sector of operation
- Research
- Environment
- Economic, Social and Community Development
Target groups
- Business owners / entrepreneurs
- Nonprofits / charities
- Academia / students
Revenue structures
- All structures
Scope
- Local
- Municipal
- Regional
- Provincial
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Development of new products or processes with significant improvements for GHG reduction.
- Collaboration with another Quebec enterprise or a public research institution for project implementation.
- Projects demonstrating strong potential to reduce or avoid at least 100,000 tonnes of CO2 eq. within the first ten years after commercialization.
- Projects that present an innovative advantage compared to existing market solutions at a national or international level.
- Projects demonstrating commercial potential or significant deployment when the product or process is intended for sale.
Eligibility
Who is eligible?
- Small and medium-sized enterprises (SMEs) established in Quebec.
- Companies involved in research and development (R&D) within Quebec.
- Public enterprises or institutions of research based in Quebec.
- Businesses demonstrating a strong potential to reduce greenhouse gas emissions.
- Companies aiming to develop new products, processes, or improve existing ones with significant innovation.
- Organizations engaged in collaborative projects with other Quebec-based enterprises or research institutions.
- Entities capable of demonstrating significant commercial or deployment potential for their innovative solutions.
Who is not eligible
- Companies registered on the Register of Ineligible Enterprises for Public Contracts (RENA), including subcontractors involved in the project.
- Companies that have not fulfilled obligations related to previous financial aid from the MEIE or Investissement Québec within two years preceding the application.
- Companies under protection from creditors or bankruptcy laws.
- Holding companies.
- Companies with ethical behavior that may harm the image of integrity of the Quebec government.
Eligible expenses
- Professional fees for specialized services, including subcontracting services.
- Direct labor costs assigned to the project, including social benefits and contributions to mandatory plans.
- Travel and subsistence expenses related to the project's execution, compliant with current government management policies.
- Direct costs of materials and inventory.
- Direct costs of equipment, calculated based on the project's duration versus the equipment's useful life.
- Equipment rental fees.
- Costs for acquiring studies or other documentation.
- Platform fees.
- Costs for preparing an intellectual property protection strategy, obtaining IP protection, acquiring IP rights or licenses, including patent application fees such as agent fees.
- Costs for obtaining necessary homologation or certification for commercialization.
- Management fees representing up to 5% of the project's eligible expenses, collected by the industrial cluster.
- Fees incurred for conducting the final external audit of the project (end of the project, conditional for obtaining the 20% retention).
Eligible geographic areas
- Companies established in Quebec, Canada.
Additional information
- 5% of the project's budget must be allocated for program management fees, which are collected by InnovÉÉ.
- Public organizations can participate as partners but are limited to a maximum of 10% of the total project expenses.
- The INNOV-R PME initiative is part of Quebec’s broader Green Economy Plan 2030, aimed at significant GHG reductions.
- The funding is administered by the Ministry of Economy, Innovation, and Energy (MEIE) and sourced from the Electrification and Climate Change Fund (FECC).
Contacts
Frequently Asked Questions about the innovÉÉ — INNOV-R — SME Program
Here are answers to the most common questions about the innovÉÉ — INNOV-R — SME. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the innovÉÉ — INNOV-R — SME?
The INNOV-R PME grant offers a maximum funding amount of $450,000 to support innovative industrial research projects with high potential for greenhouse gas emission reductions in Quebec. Eligible activities must demonstrate significant innovation and collaboration with another Quebec-based company or eligible research environment.
How much funding can be received?
innovÉÉ — INNOV-R — SME Funds up to 50% of admissible expenses, capped at $450,000 per project.
What is the deadline to apply?
The application deadline for this grant program was May 16, 2025.
Who is eligible for the innovÉÉ — INNOV-R — SME program?
To be eligible for the innovÉÉ — INNOV-R — SME program, you must:
The project must be submitted by a small or medium-sized enterprise (SME) established and operating in Quebec, conducting internal production or R&D activities.
The SME must demonstrate a strong potential for reducing greenhouse gas emissions in Quebec, with at least 100,000 tonnes of CO2 equivalent reduced or avoided within the first ten years after commercialization.
The project must be collaborative, involving another Quebec-based company or public research institution, focusing on developing a new product, process, or significantly improving an existing one.
What expenses are eligible under innovÉÉ — INNOV-R — SME?
Development of new products or processes with significant improvements for GHG reduction.
Collaboration with another Quebec enterprise or a public research institution for project implementation.
Projects demonstrating strong potential to reduce or avoid at least 100,000 tonnes of CO2 eq. within the first ten years after commercialization.
Projects that present an innovative advantage compared to existing market solutions at a national or international level.
Projects demonstrating commercial potential or significant deployment when the product or process is intended for sale.
Who can I contact for more information about the innovÉÉ — INNOV-R — SME?
You can contact innovÉÉ or by phone at 514 875-0032.
Where is the innovÉÉ — INNOV-R — SME available?
The innovÉÉ — INNOV-R — SME program is available the province of Quebec.