Innovative Enterprise Program
grant_single|update January 24, 2025
Canada
Funding for robotization, automation, and business process projects
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
- Agriculture, forestry, fishing and hunting
- Manufacturing
grant_single|grantors
- Economic Development Pierre-De Saurel (DEPS)
grant_single|status
grant_card_status|open
grant_single_labels|preview
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.
grant_single_labels|terms_and_conditions
The Innovative Enterprise Program provides financial assistance designed to support projects in robotization, automation, and business process analysis, offering substantial coverage of eligible expenses.
- Maximum assistance rate of 95% for eligible expenses.
- Funding cap of $38,000 for the duration of the program.
- Additional funding available for new technology purchases suggested by the audit.
- Support for the acquisition of ERP and/or CRM systems recommended during the audit.
- Eligible expenses include professional fees, purchase of specialized information, and travel and accommodation expenses.
- Exclusions include regular operating costs, advertising, debt payments, and expenses related to relocation outside MRC Pierre-De Saurel.
grant_single_labels|projects
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.
grant_single_labels|admissibility
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.
grant_eligibility_criteria|who_can_apply
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.
grant_eligibility_criteria|who_cannot_apply
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.
grant_eligibility_criteria|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.
grant_eligibility_criteria|zone
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.
grant_single_labels|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.
grant_single_labels|apply
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grant_single_labels|otherInfo
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.