
Duo grand V
grant_single|update May 4, 2025
QC, Canada
Flexible funding and tech support for sustainable innovation projects
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|fromMinToMax
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
- Administrative and support, waste management and remediation services
grant_single|grantors
- Investissement Québec (IQ)
grant_single|status
grant_card_status|open
grant_single_labels|preview
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.
grant_single_labels|terms_and_conditions
- Term loan with a minimum amount of $250,000.
- Up to 48 months of capital repayment deferral, with no impact on the interest rate.
- Up to 100 hours of technological support for eligible mandates valued at $20,000 or more, with hours allocated proportionally to mandate value.
- No fees charged for loan application assessment.
grant_single_labels|projects
- 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.
grant_single|admissibleProjectsExample
$ 250,000
Implementation of automated hydroponic vegetable farming
$ 250,000
Robotic automation of sustainable textile manufacturing process
$ 250,000
Development of an eco-friendly smart packaging solution
grant_single_labels|admissibility
- The project must involve the acquisition, implementation, or development of innovative technologies such as clean, digital, automated, and robotic technologies.
- The project can involve research and development activities aiming at significant product, technology, or equipment innovation.
- The project can include real estate acquisition or modernization aimed at achieving innovative project goals.
- The project can focus on adopting eco-friendly and innovative practices.
- Services include identification, selection, and implementation of innovative technologies, industrial process development, or new product development to enhance competitiveness or productivity.
- Eligible sectors exclude personnel placement in health, accounting firms, cryptocurrency, finance and insurance, real estate (land subdivision), public relations and media services (except advertising agencies), and legal services.
- Sectors with restrictions include agriculture, fishing, cannabis, hemp, private medical clinics, owner-occupied real estate, tourism, and business-to-consumer sales, including retail.
grant_eligibility_criteria|who_can_apply
- 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.
grant_eligibility_criteria|who_cannot_apply
- 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).
grant_eligibility_criteria|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.
grant_single_labels|apply
1
Fill out the contact form
- Access the contact form on the Investissement Québec website.
- Enter your first name, last name, professional email, and phone number.
- Indicate the name of your company and the business sector.
- Select the desired grand V product (Duo grand V, Solo financing, Solo support, I don't know).
- Describe your needs or objectives related to the project (optional, without sharing personal or confidential information).
2
Sending of the request
Submit the duly completed form via the online platform of Investissement Québec.
grant_single_labels|otherInfo
- The number of technological support hours is allocated in proportion to the value of each eligible mandate.
- Technological accompaniment must be activated within one year of funding authorization.
- Investissement Québec reserves the right to terminate the offer without notice.
- No analysis fees are charged for financing applications under this program.
Apply to this program
More grants like this

Tax Creditsgrant_card_status|openingSoon
Supports innovation and commercialization activities with tax incentives

Grant and Fundinggrant_card_status|open
Get financial aid to install electric charging stations at your Quebec business

Grant and Fundinggrant_card_status|closed
NovaScience promotes scientific culture and innovation development

Partnering and CollaborationGrant and Fundinggrant_card_status|closed
Funding for Quebec innovative collaborations in AI for ICT

Grant and Fundinggrant_card_status|open
Complete analysis of greenhouse gas reduction options for Quebec companies

Grant and Fundinggrant_card_status|closed
NovaScience supports innovation job integration in Quebec businesses

Grant and Fundinggrant_card_status|open
Financial assistance for the demonstration of new technologies in Quebec

Grant and Fundinggrant_card_status|closed
Money to promote the use of French in the office

Grant and Fundinggrant_card_status|closed
Funding for collaborative projects in AI

Grant and Fundinggrant_card_status|openingSoon
Innovative projects to reduce greenhouse gas emissions in Quebec