PME MTL — Industrial and sustainable development investment fund
- Open Date : April 12, 2021
Overview
Get a subsidy of up to $50,000 to cover up to 25% of the costs of a sustainable development project such as R&D, the adoption of clean technologies, or robotization/automation in your business.
At a glance
Funding available
- Develop a new product or service
- Conduct research and development activities
- Access new markets
- Maximum amount : 50,000 $
- Up to 80% of project cost
- Open Date : April 12, 2021
Eligible candidates
- All industries
- Montreal
- Montréal
- Quebec
- All legal structures
- All revenue ranges
- All organization sizes
- All groups
Next Steps
Eligibility
Who is eligible?
There are eligible types of companies for this grant. Eligible businesses must meet certain conditions such as being legally incorporated, having a Montréal-based address, and presenting a business plan.
- Legally incorporated and registered in Quebec
- Have a Montréal-based address and head office in Quebec
- Present a business plan or executive summary
Who is not eligible
There is no specific information provided about which companies or industries cannot apply for this grant. Restrictions based on company status or main activity are not mentioned in the given context.
Eligible expenses
Eligible expenses for the grant include costs directly related to the business project. These may cover items such as testing innovations, marketing launches, improving productivity through technology, adopting clean technologies, and implementing sustainable development practices.
- Testing and trying out an innovation in a real-world context.
- Validating the markets targeted during the development of the innovation.
- Marketing launch.
- Generating the first sales of the innovation.
- Improving productivity, especially through technological equipment and automation.
- Adopting clean technologies.
- Implementing sustainable development practices, particularly focusing on circular economy models.
Eligible geographic areas
This grant is specifically tailored for businesses operating within certain geographical locations as defined by the funding body PME MTL. However, due to the unavailability of detailed information, specific eligible areas cannot be listed at this time.
Additional information
Considering the importance of the Charter of the French language in Quebec, here are additional relevant details:
- Compliance with the Charter of the French language is mandatory when applying for grants in Quebec, which may include ensuring that all documentation is available in French.
- Applicants might need to demonstrate that their business activities, communications, and Quebec-based operations respect the language requirements set by the Charter.
- Using French primarily in public-facing aspects of the project could be a condition to fulfill the legal requirements.