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PME MTL — Innovation, productivity, and sustainable development fund
Subsidizes innovation and sustainability projects in Montréal businesses
Last Update: March 4, 2026
Funding available
$ 50,000
Timeline
- Open continuously
Location
Montreal, Montréal, Quebec, Canada
Overview
The PME MTL fund provides a subsidy of up to $50,000 to support innovative projects in the Montréal region. It aims to foster innovation, productivity, and sustainable development by financing activities such as market validation, marketing launches, and adopting 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
- Develop a new product or service
- Reduce environmental footprint
Eligible Funding
- Maximum amount : 50,000 $
- Up to 80% of project cost
Timeline
- Open continuously
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
This fund supports innovative initiatives in the Montréal region that enhance productivity and promote sustainable development. The eligible projects focus on practical implementation, market validation, and the adoption of advanced technologies.
- Testing and trying out an innovation in a real-world context.
- Validating the markets targeted during the development of the innovation.
- Marketing launch of innovative products or services.
- Generating the first sales of an innovation.
- Improving productivity through the installation of technological equipment, robotization, or automation.
- Adopting clean technologies to reduce environmental impact.
- Implementing sustainable development practices, especially those aimed at circular economy business models.
Eligibility
Who is eligible?
The Innovation, Productivity, and Sustainable Development Fund is designed to support businesses in the Montréal region that are pursuing innovative projects aimed at enhancing productivity, operational efficiency, and sustainable practices. Eligible applicants include legally incorporated businesses based in Québec, meeting several financial and operational criteria.
- Must have Canadian citizenship, permanent residency, or a Quebec selection certificate.
- Must be incorporated and registered with the Registraire des entreprises du Québec.
- Must have a business address and head office in Montréal and Québec, respectively.
- Must provide a comprehensive business plan or executive summary.
- Must present financial forecasts for at least two fiscal years.
- Must submit financial statements for the last two fiscal years or one year for newer businesses.
- Must offer a minimum down payment of 15% to 20% depending on the business stage.
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
The grant covers expenses that are directly related to advancing innovation, productivity, and sustainable development projects.
- Testing and trying out innovations in real-world contexts.
- Activities associated with validating targeted markets during innovation development.
- Expenses related to the marketing launch of innovations.
- Costs of generating the first sales of innovations.
- Investments in improving productivity, especially through technological equipment and improvements in robotization or automation.
- Costs for adopting clean technologies.
- Expenses associated with implementing sustainable development practices, such as circular economy business models.
Eligible geographic areas
This grant is specifically aimed at companies located in the Montréal region. It targets businesses that have a significant presence and corporate establishment within this area.
- Montréal-based companies.
- Businesses with a head office in the province of Quebec.
Additional information
Here are additional relevant details for this grant:
- The grant is conditional upon fund availability, and it is not automatically guaranteed even if eligibility criteria are met.
Frequently Asked Questions about the PME MTL — Innovation, productivity, and sustainable development fund Program
Here are answers to the most common questions about the PME MTL — Innovation, productivity, and sustainable development fund. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the PME MTL — Innovation, productivity, and sustainable development fund?
The PME MTL fund provides a subsidy of up to $50,000 to support innovative projects in the Montréal region. It aims to foster innovation, productivity, and sustainable development by financing activities such as market validation, marketing launches, and adopting 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.
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, be a permanent resident, or hold 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 the province of Quebec.
What expenses are eligible under PME MTL — Innovation, productivity, and sustainable development fund?
This fund supports innovative initiatives in the Montréal region that enhance productivity and promote sustainable development. The eligible projects focus on practical implementation, market validation, and the adoption of advanced technologies. Testing and trying out an innovation in a real-world context.
Validating the markets targeted during the development of the innovation.
Marketing launch of innovative products or services.
Generating the first sales of an innovation.
Improving productivity through the installation of technological equipment, robotization, or automation.
Adopting clean technologies to reduce environmental impact.
Implementing sustainable development practices, especially those aimed at 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