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PME MTL — Innovation, productivity, and sustainable development fund
Supports innovation and sustainable business projects
Funding available
$ 50,000
Location
Montreal, Montréal, Quebec, Canada
Who can apply
Businesses whose officers have Canadian citizenship, permanent residency, or a Quebec Selection Certificate (CSQ).
See full eligibility
Overview
The Fonds innovation, productivité et développement durable offers a subsidy of up to $50,000 to businesses with a Montréal-based address and a head office in Quebec for innovation, productivity, and sustainable development projects. Eligible projects include real-world innovation testing, productivity improvements through technology or automation, and the adoption of clean technologies.
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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 : 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
- Canadians
- Startups
Next Steps
1
Determine your project
Availability timeline
2026
Periods: 1
Activities funded
- Test and try an innovation in a real-world setting.
- Validate the target markets during the development of the innovation, launch its commercialization, and generate the innovation’s first sales.
- Improve productivity, in particular through the implementation of technological equipment and enhanced robotization or automation.
- Adopt clean technologies.
- Implement sustainable development practices, including circular economy business models.
Documents Needed
- Business plan or executive summary
- Financial forecasts covering at least two full financial years
- A compilation of financial statements for the last two completed financial years, or the first financial year for companies less than two years old
Sources and recorded changes
Eligibility
Who is eligible?
- Businesses whose officers have Canadian citizenship, permanent residency, or a Quebec Selection Certificate (CSQ).
- Businesses that are legally incorporated and duly registered with the Registraire des entreprises du Québec (REQ).
- Businesses with their place of business in Montreal and their head office in Quebec.
Eligible expenses
- Expenses related to the business project.
How to apply
- Select the territory on the map or enter the postal code of the business to be directed to the experts at the appropriate service centre.
Processing and Agreement
- Each application is reviewed by the Comité d’investissement commun (CIC) of the area concerned.
- The CIC determines whether the entrepreneur and the project meet the objectives and requirements of the Fund's policy.
- Eligibility is subject to the availability of funds.
Additional information
- This programme is limited and eligibility is subject to the availability of funds.
Frequently Asked Questions about the PME MTL — Innovation, productivity, and sustainable development fund Program
What is the PME MTL — Innovation, productivity, and sustainable development fund?
The Fonds innovation, productivité et développement durable offers a subsidy of up to $50,000 to businesses with a Montréal-based address and a head office in Quebec for innovation, productivity, and sustainable development projects. Eligible projects include real-world innovation testing, productivity improvements through technology or automation, and the adoption of clean technologies.
How much funding can be received?
PME MTL — Innovation, productivity, and sustainable development fund Funds up to 80% of admissible expenses, capped at $50,000 per project.
What is the deadline to apply?
The program is accepting continuous intake
Who is eligible for the PME MTL — Innovation, productivity, and sustainable development fund program?
To be eligible for the PME MTL — Innovation, productivity, and sustainable development fund program, you must:
The business or its management must have Canadian citizenship, permanent resident status, or a Quebec selection certificate (CSQ).
The business must be legally incorporated and registered in the Registraire des entreprises du Québec (REQ).
The business must have a Montréal-based address and a head office in Quebec.
What expenses are eligible under PME MTL — Innovation, productivity, and sustainable development fund?
Expenses related to the business project.
Where is the PME MTL — Innovation, productivity, and sustainable development fund available?
The PME MTL — Innovation, productivity, and sustainable development fund program is available Montréal, Quebec.
Is the PME MTL — Innovation, productivity, and sustainable development fund a grant, loan, or tax credit?
PME MTL — Innovation, productivity, and sustainable development fund is a Grant and Funding