Closed
PME MTL — Innovation, productivity, and sustainable development fund
Supports innovation and sustainability projects in Montréal
Last Update: March 4, 2026
Funding available
$ 50,000
Timeline
- Receipt of requests is now closed
Location
Montreal, Montréal, Quebec, Canada
Overview
The fund offers a subsidy of up to $50,000 for innovative projects in Montréal focused on productivity and sustainable development. It supports real-world testing, market validation, product launches, productivity improvements, clean technologies, and circular economy practices.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Develop a new product or service
- Increase operational productivity
Eligible Funding
- Maximum amount : 50,000 $
- Up to 80% of project cost
Timeline
- Receipt of requests is now closed
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 an innovation in a real-world context.
- Validating target markets during innovation development.
- Launching new products or services.
- Generating first sales of an innovation.
- Improving productivity through equipment, automation, or robotization.
- Adopting clean technologies.
- Implementing sustainable development and circular economy practices.
Documents Needed
- Business plan or executive summary
- Financial forecasts for at least two full financial years
- Compiled financial statements for the last two completed financial years
Official resources
Eligibility
Who is eligible?
- Legally incorporated businesses.
- Businesses registered with the Registraire des entreprises du Québec (REQ).
- Businesses based in Montréal with a head office in Quebec.
Who is not eligible
There are specific types of companies that are not eligible for this grant:
- Companies without Canadian citizenship, permanent residency, or a Quebec selection certificate
- Companies not legally incorporated and registered in the Registraire des entreprises du Québec (REQ)
- Companies without a Montréal-based address and a head office in the province of Quebec
Eligible expenses
- Expenses directly related to the business project.
Eligible geographic areas
- Montréal
- Quebec
Selection criteria
- Applications are reviewed by the local Comité d’investissement commun (CIC).
- The project must meet the fund’s objectives and policy requirements.
How to apply
- Step 1: Check eligibility
- Confirm that the business meets the required legal, location, and documentation conditions.
- Step 2: Prepare the application
- Prepare the business plan or executive summary, financial forecasts, and compiled financial statements.
- Step 3: Contact local services
- Use the map or postal code search to reach the appropriate PME MTL service centre.
- Step 4: Submit the request
- Follow the guidance provided by the local experts to complete and submit the application.
Processing and Agreement
- Each application is 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 the availability of funds.
Additional information
- Fund availability is limited.
- Funding amounts may vary by territory.
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 fund offers a subsidy of up to $50,000 for innovative projects in Montréal focused on productivity and sustainable development. It supports real-world testing, market validation, product launches, productivity improvements, clean technologies, and circular economy practices.
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.
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:
Incorporated and registered in Quebec
Based in Montréal, head office in Quebec
Must submit business plan and forecasts
What expenses are eligible under PME MTL — Innovation, productivity, and sustainable development fund?
Testing an innovation in a real-world context.
Validating target markets during innovation development.
Launching new products or services.
Generating first sales of an innovation.
Improving productivity through equipment, automation, or robotization.
Adopting clean technologies.
Implementing sustainable development and circular economy practices.
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)