Innovative Enterprise Program
Overview
The Innovative Enterprise Program offers a maximum funding amount of $38,000 to support projects related to robotization, automation, and business process analysis for companies in the manufacturing and agri-food sectors within the MRC Pierre-De Saurel. Eligible activities include feasibility studies, digital diagnostics, and implementation of action plans based on prior analyses.
At a glance
Funding available
- Integrate new technologies
- Maximum amount : 38,000 $
- Up to 95% of project cost
- Open continuously
Eligible candidates
- Agriculture, forestry, fishing and hunting
- Manufacturing
- Pierre-De Saurel
- Montérégie
- Quebec
- For-profit business
- All revenue ranges
- All organization sizes
- Startups
Activities funded
Eligible projects for this grant focus on facilitating innovation through strategic planning and the integration of technology for business process enhancement. These initiatives aim to explore the feasibility and implement solutions that position businesses for growth and modernization.
- Feasibility studies to analyze and validate the technical and economic parameters of business start-up, modernization, or expansion projects.
- Digital diagnostics, digital plans, and implementation plans for business processes.
- Implementation of an action plan based on feasibility and digital studies performed.
- Implementation of new technologies identified by feasibility studies for business improvement.
Eligibility
Eligibility for this grant is determined by specific criteria related to the business sector, location, and operational history of the company.
- The company must be in the manufacturing or agri-food sector.
- The company must be located in the MRC Pierre-De Saurel region.
- The company must have been in business for more than 3 years.
Who is eligible?
This program is designed for companies in the manufacturing and agri-food sectors located in the MRC Pierre-De Saurel that have been operational for over three years.
- Feasibility studies to analyze and validate the technical and economic parameters of business start-up, modernization or expansion projects.
- Digital diagnostics, digital plans, and implementation plans.
- Implementation of an action plan based on the studies carried out.
Who is not eligible
This grant specifies eligible companies but does not explicitly list ineligible types, leaving some ambiguity about precise exclusions. Eligibility is focused on strategic sectors within a specific region.
Eligible expenses
The grant covers specific expenses directly related to the implementation and success of the project.
- Professional fees.
- Purchase of specialized information.
- Travel and accommodation expenses.
Eligible geographic areas
This grant is available exclusively to companies situated in a designated area to promote regional innovation and development. Eligible businesses are required to operate within a specific geographical region.
- Companies in the MRC Pierre-De Saurel.
Selection criteria
The evaluation and selection of projects under the Innovative Enterprise Program are based on specific criteria designed to assess the potential impact and feasibility of proposed projects.
- Quality and soundness of business model.
- Professionalism and credibility of the promoter.
- Demonstration of issues resolved by the turnaround.
- Relevance of project (target clientele, uniqueness, competition, quality of offering, innovation, regional priority).
- Enhancement of the company's efficiency, productivity, growth, and/or competitiveness.
- Innovative and creative character of the project.
- Project feasibility (realistic timetable, marketing and communications strategy, quality of business plan, quality of team).
- Applicant's financial capacity to complete the project and achieve its objectives.
- Sustainability of the project following financing.
- Economic impact of the project (job creation, sales growth, increased productivity).
- Quality of the application.
- Credible suppliers.
- Social impact and sustainability of the project.
How to apply
Download and Review Program Document
- Access the "Entreprise Innovante Program.pdf" to gain a comprehensive understanding of the program requirements.
- Review eligibility, financial assistance, and selection criteria thoroughly.
Assemble Required Documentation
- Gather all necessary documents as outlined in the "Submit your project" section.
- Include project proposals, feasibility studies, digital diagnostics, and action plans.
Draft Project Proposal
- Create a detailed proposal including the business model, project scope, timeline, and expected outcomes.
- Ensure to highlight innovative aspects and the potential economic impact of the project.
Contact Program Representative
- If unsure about project eligibility, contact the program representatives for guidance.
- Gather any additional information required for a successful application.
Submit Application Documents
- Submit the completed application and all supporting documents as per the program’s submission guidelines.
- Ensure everything is submitted within the deadlines provided by the program.
Confirmation of Submission
- Receive confirmation of submission from the program, including any reference or application numbers for tracking purposes.
- Save the confirmation for future reference.
Additional information
Here are additional relevant details for this grant:
- While the grant does not specify that it can be combined with other public funding, it is advisable to clarify potential co-funding options with the administrative body.
- Preference is given to projects that collaborate with local suppliers, enhancing community economic development within the MRC Pierre-De Saurel.
- Additional funding is available for acquiring new equipment, ERP, and CRM systems, contingent upon recommendations from project studies.
