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Duo grand V
Flexible funding and tech support for sustainable innovation projects
Last Update: June 1, 2026
Funding available
$ 250,000
Timeline
- Open continuously
Location
Quebec, Canada
Overview
The duo grand V program offers a flexible loan of at least $250,000 to foster innovation and sustainable productivity, focusing on activities like adopting innovative technologies and eco-responsible practices. Eligible projects include the development of technologies, significant product improvement, and modernization efforts.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Increase production or service capacity
- Implement environmental initiatives
Eligible Funding
- Maximum amount : 250,000 $
- Minimum amount : 250,000 $
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- All industries
Location
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Acquisition, implementation, and/or development of innovative technologies (clean, digital, automated, and robotic technologies).
- Research and development activities aimed at significant improvement or development of an innovative product, technology, or equipment.
- Acquisition and/or modernization of buildings aimed at realizing the innovative project.
- Adoption of eco-responsible and/or innovative practices.
- Innovation approach towards the adoption of innovative technologies and eco-responsible practices (includes study fees, consultancy, and experts).
- Identification, selection, and implementation of innovative technologies.
- Project of enlargement, reconfiguration, or implementation of a factory.
- Development and/or implementation of a new industrial process.
- Technological implementation or adoption of practices aimed at reducing the environmental impact of the company and improving profitability (new markets, residue valorization, resource optimization).
- Development of a new product or improvement of an existing product to increase competitiveness and/or improve productivity.
Eligibility
Who is eligible?
- All sectors of activity except health personnel placement agencies, accounting firms, cryptocurrency, finance and insurance, real estate (land development), public relations and media services (except advertising agencies), and legal services.
- Certain sectors subject to restrictions: agriculture (unless not eligible for La Financière agricole du Québec programs), fishing, cannabis and industrial hemp, private medical clinics, owner-occupied real estate, tourism, and direct-to-consumer sales (B2C), including retail.
Who is not eligible
- Agencies for health personnel placement.
- Accounting firms.
- Cryptocurrency businesses.
- Finance and insurance sectors.
- Real estate (land subdivision).
- Public relations and media services (excluding advertising agencies).
- Legal services.
- Agriculture and fishing sectors (subject to restrictions).
- Cannabis and industrial hemp industries.
- Private medical clinics.
- Owner-occupied real estate.
- Tourism and direct-to-consumer sales (including retail).
Eligible expenses
- Acquisition, implementation, or development of innovative technologies including clean, digital, automated and robotic technologies.
- Research and Development activities aimed at significant improvement or development of a product, technology, or innovative equipment.
- Acquisition or modernization of real estate properties for the purpose of the innovative project.
- Adoption of eco-friendly and innovative practices, including study, consultation and expert fees.
- Technological implantation or practice adoption to reduce environmental impact and improve profitability, including new market opportunities, residue valorization, and resource utilization optimization.
- Development of a new product or improvement of an existing product to enhance competitiveness or productivity.
Ineligible Costs and Activities
- Loans granted under syndication agreements.
- Subordinated financing.
Additional information
- Technological support hours are allocated proportionally to mandate value.
- Support must be mandated within one year of funding authorization.
- Investissement Québec may end the offer without notice.
Frequently Asked Questions about the Duo grand V Program
What is the Duo grand V?
The duo grand V program offers a flexible loan of at least $250,000 to foster innovation and sustainable productivity, focusing on activities like adopting innovative technologies and eco-responsible practices. Eligible projects include the development of technologies, significant product improvement, and modernization efforts.
How much funding can be received?
Duo grand V Funds up to $250,000 of admissible expenses.
Who is eligible for the Duo grand V program?
To be eligible for the Duo grand V program, you must:
The company must be funded by Investissement Québec as part of the grand V duo.
The company must not operate in non-eligible sectors, such as healthcare staffing agencies, accounting firms, and certain other specified sectors.
The projects must include the acquisition or development of innovative technologies, or the adoption of eco-responsible practices.
What expenses are eligible under Duo grand V?
Acquisition, implementation, and/or development of innovative technologies (clean, digital, automated, and robotic technologies).
Research and development activities aimed at significant improvement or development of an innovative product, technology, or equipment.
Acquisition and/or modernization of buildings aimed at realizing the innovative project.
Adoption of eco-responsible and/or innovative practices.
Innovation approach towards the adoption of innovative technologies and eco-responsible practices (includes study fees, consultancy, and experts).
Identification, selection, and implementation of innovative technologies.
Project of enlargement, reconfiguration, or implementation of a factory.
Development and/or implementation of a new industrial process.
Technological implementation or adoption of practices aimed at reducing the environmental impact of the company and improving profitability (new markets, residue valorization, resource optimization).
Development of a new product or improvement of an existing product to increase competitiveness and/or improve productivity.
Who can I contact for more information about the Duo grand V?
You can contact Investissement Québec (IQ).
Where is the Duo grand V available?
The Duo grand V program is available the province of Quebec.
Is the Duo grand V a grant, loan, or tax credit?
Duo grand V is a Loans and Capital investments