Open
Source verified July 6, 2026
PME MTL — Industrial and sustainable development investment fund
Funding for innovation and sustainable business projects
Funding available
$ 50,000
Deadline
Open continuously
Opened June 18, 2026
Location
Montreal, Montréal, Quebec, Canada
Overview
A subsidy of up to $50,000 is available for business projects in innovation, productivity, and sustainable development. It supports testing innovation, validating target markets, launching products, improving productivity, and adopting clean technologies or circular economy practices.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop a new product or service
- Conduct research and development activities
- Optimize production processes
Eligible Funding
- Maximum amount : 50,000 $
- Up to 80% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Montreal
- Montréal
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Testing an innovation in a real-world context
- Validating target markets during innovation development
- Marketing launch and first sales of an innovation
- Productivity improvements through technology, automation, or robotization
- Adoption of clean technologies and sustainable development practices
Documents Needed
- Business plan or project summary
- Financial forecasts for two full fiscal years
- Compiled financial statements for the last two completed fiscal years
- Proof of Quebec business registration
- Policy and action plan for sustainable development, if applicable
Official resources
Eligibility
Who is eligible?
- Incorporated businesses in Montreal
- Businesses with a head office in Quebec
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
- Costs directly related to the business project
Eligible geographic areas
- Montreal
Selection criteria
- Alignment with the Fund’s objectives and requirements
- Entrepreneur and project qualification under the Fund’s policy
How to apply
- Step 1: Prepare the application
- Gather the required business and financial information
- Prepare the business plan or executive summary
- Step 2: Submit for review
- File the application with the local service centre
- The application is reviewed by the local CIC
Processing and Agreement
- Applications are reviewed by the local Comité d’investissement commun (CIC)
- The CIC assesses whether the entrepreneur and project meet the Fund’s objectives and policy requirements
- Funding depends on available funds
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.
Contacts
Frequently Asked Questions about the PME MTL — Industrial and sustainable development investment fund Program
What is the PME MTL — Industrial and sustainable development investment fund?
A subsidy of up to $50,000 is available for business projects in innovation, productivity, and sustainable development. It supports testing innovation, validating target markets, launching products, improving productivity, and adopting clean technologies or circular economy practices.
How much funding can be received?
PME MTL — Industrial and sustainable development investment fund Funds up to 80% of admissible expenses, capped at $50,000 per project.
Who is eligible for the PME MTL — Industrial and sustainable development investment fund program?
To be eligible for the PME MTL — Industrial and sustainable development investment fund program, you must:
Canadian citizen, permanent resident, or CSQ holder
Legally incorporated in Quebec
Located in Montreal with head office in Quebec
What expenses are eligible under PME MTL — Industrial and sustainable development investment fund?
Testing an innovation in a real-world context
Validating target markets during innovation development
Marketing launch and first sales of an innovation
Productivity improvements through technology, automation, or robotization
Adoption of clean technologies and sustainable development practices
Who can I contact for more information about the PME MTL — Industrial and sustainable development investment fund?
You can contact PME MTL (PME) by email at none or by phone at none.
Where is the PME MTL — Industrial and sustainable development investment fund available?
The PME MTL — Industrial and sustainable development investment fund program is available Montréal, Quebec.
Is the PME MTL — Industrial and sustainable development investment fund a grant, loan, or tax credit?
PME MTL — Industrial and sustainable development investment fund is a Grant and Funding