Closed
Source verified July 8, 2026
PME MTL — Innovation, productivity, and sustainable development fund
Supports innovation and sustainable business projects
Funding available
$ 50,000
Deadline
Closed
Location
Montreal, Montréal, Quebec, Canada
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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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 0.8% 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
2
Validate your eligibility
Activities funded
- Testing and trying out an innovation in a real-world context.
- Validating the markets targeted during the development of the innovation, including marketing launch and generating the first sales of the innovation.
- Improving productivity, in particular by installing technological equipment and improving robotization or automation.
- Adopting clean technologies.
- Putting in place sustainable development practices, in particular those aimed at implementing 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
Official resources
Eligibility
Who is eligible?
- Businesses.
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 0.8% of admissible expenses, capped at $50,000 per project.
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?
Testing and trying out an innovation in a real-world context.
Validating the markets targeted during the development of the innovation, including marketing launch and generating the first sales of the innovation.
Improving productivity, in particular by installing technological equipment and improving robotization or automation.
Adopting clean technologies.
Putting in place sustainable development practices, in particular those aimed at implementing circular economy business models.
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
Who are the financial supporters of the PME MTL — Innovation, productivity, and sustainable development fund?
PME MTL — Innovation, productivity, and sustainable development fund is funded by PME MTL (PME)