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Productivity and Sustainable Innovation Fund – Component 3: Project Implementation, It's time to take action!
Financial support for industrial productivity and digital transformation projects
Offered by
NexDev | Haut-Richelieu Economic Development
Record updated
- Funding available
- $ 10,000
- Up to 10% of project cost
- Deadline
- Open continuously
- Location
- Saint-Jean-sur-Richelieu, Quebec, Canada
Overview
The Productivity and Sustainable Innovation Fund – Component 3: Project Implementation offers up to $10,000 in non-repayable funding to support businesses in Saint-Jean-sur-Richelieu aiming to enhance productivity and accelerate digital transformation. Eligible activities include acquiring productivity-enhancing equipment, implementing new software, facility upgrades to accommodate new equipment, and professional training or advisory services related to these improvements.
At a glance
Funding available
- Maximum funding
- $10,000
- Maximum share of project costs
- 10%
- Increase performance through digital transformation
- Automate business operations
- Increase operational productivity
- Optimize production processes
- Develop workforce skills
- Renovate or expand facilities
Eligible candidates
- Location
- Saint-Jean-sur-Richelieu
- Montérégie
- Quebec
- Eligible Industries
- All industries
- Annual revenue
- All revenue ranges
- Organisation size
- All organization sizes
- Audience
- All groups
- Legal structures
- For-profit business, Social economy enterprise, Non-profit
Start applying for this program
Take a practical assessment to gain a clear understanding of how well this program aligns with your specific needs and long-term goals.
Availability timeline
2026
Periods: 1
Eligibility
Who is eligible?
- Industrial companies located in Saint-Jean-sur-Richelieu
- Non-profit organizations (NPOs) in Saint-Jean-sur-Richelieu
- Social economy enterprises operating in services related to industry (such as distribution, wholesale trade, warehousing) in Saint-Jean-sur-Richelieu
Who is not eligible
- Companies that are not industrial enterprises.
- Organizations not located or operating in Saint-Jean-sur-Richelieu.
- Enterprises whose projects do not involve gains in productivity or digital transformation.
Eligible expenses
- Acquisition of equipment resulting in productivity gains.
- Leasehold improvements essential for the installation of eligible equipment.
- Purchase of software leading to productivity improvements.
- Professional fees for software implementation.
- Professional fees for employee training on equipment or software (if not covered by Services Québec).
- Software rental fees for the first two years only.
- Professional engineering fees for designing custom automated equipment.
- Feasibility studies or option analysis costs.
Eligible geographic areas
- City of Saint-Jean-sur-Richelieu
Activities funded
- Implementation of projects that enhance productivity within industrial operations.
- Acquisition and integration of advanced equipment or digital solutions to improve competitiveness.
- Execution of initiatives supporting digital transformation and automation in production processes.
- Deployment of software or technologies resulting in organizational efficiency gains.
- Realization of innovative projects aimed at sustainable industrial growth.
How to apply
- Step 1: Contact NexDev
- Reach out to the NexDev Business Services department for guidance or clarification on your application.
- Step 2: Complete the Online Application Form
- Access and fill out the online application form to initiate the funding request process.
- Step 3: Gather Required Documentation
- Prepare up-to-date financial statements for analysis by NexDev.
- Obtain a certified project analysis report from the relevant partner (e.g., DigiFab, Investissement Québec) if applicable.
- Provide a void cheque from the company's bank account.
- Compile proof of payment for invoices related to eligible project costs.
- Step 4: Submission of Application
- Submit the completed application form along with all required supporting documents to NexDev via their designated process (typically online or as instructed by NexDev advisors).
- Step 5: Application Review
- Your application and documents are reviewed by NexDev business advisors and may be submitted for approval by the Joint Investment Committee (CIC).
- Step 6: Approval and Notification
- Receive notification regarding the outcome of your application.
Selection criteria
- Potential to increase efficiency, productivity, growth, and/or competitiveness of the business.
- Quality and strength of the business model.
- Professionalism and credibility of the project proponent.
- Relevance and innovative nature of the project, including its uniqueness, competition analysis, and alignment with regional priorities.
- Feasibility of the project, including realistic timelines, marketing and communication strategies, and quality of the team.
- Financial capacity of the applicant to complete the project and achieve its objectives.
- Sustainability of the project after funding.
- Economic benefits generated by the project (e.g., job creation, revenue growth, improved productivity).
- Quality of the application submitted.
- Credibility of suppliers.
- Social impact and sustainability of the project.
Additional information
- NexDev reserves the right to revise the fund's eligibility rules annually, based on the volume of funds granted.
- Grant applications are reviewed and evaluated by the Joint Investment Committee (CIC).
- The fund will remain available until resources are exhausted.
- NexDev may use the applicant's business name for promotional purposes related to the fund and its outcomes.
Contacts
Frequently Asked Questions about the Productivity and Sustainable Innovation Fund – Component 3: Project Implementation, It's time to take action! Program
What is the Productivity and Sustainable Innovation Fund – Component 3: Project Implementation, It's time to take action!?
The Productivity and Sustainable Innovation Fund – Component 3: Project Implementation offers up to $10,000 in non-repayable funding to support businesses in Saint-Jean-sur-Richelieu aiming to enhance productivity and accelerate digital transformation. Eligible activities include acquiring productivity-enhancing equipment, implementing new software, facility upgrades to accommodate new equipment, and professional training or advisory services related to these improvements.
How much funding can be received?
Productivity and Sustainable Innovation Fund – Component 3: Project Implementation, It's time to take action! Funds up to 10% of admissible expenses, capped at $10,000 per project.
What is the deadline to apply?
The program is accepting continuous intake
Who is eligible for the Productivity and Sustainable Innovation Fund – Component 3: Project Implementation, It's time to take action! program?
To be eligible for the Productivity and Sustainable Innovation Fund – Component 3: Project Implementation, It's time to take action! program, you must:
Industrial business or non-profit organization (OBNL) located in Saint-Jean-sur-Richelieu
Operating within the city territory
Project aims to improve productivity or accelerate digital transformation
What expenses are eligible under Productivity and Sustainable Innovation Fund – Component 3: Project Implementation, It's time to take action!?
Acquisition of equipment resulting in productivity gains.
Leasehold improvements essential for the installation of eligible equipment.
Purchase of software leading to productivity improvements.
Professional fees for software implementation.
Professional fees for employee training on equipment or software (if not covered by Services Québec).
Software rental fees for the first two years only.
Professional engineering fees for designing custom automated equipment.
Feasibility studies or option analysis costs.
Who can I contact for more information about the Productivity and Sustainable Innovation Fund – Component 3: Project Implementation, It's time to take action!?
You can contact NexDev | Haut-Richelieu Economic Development by email at grangerf@nexdev.ca or by phone at 4503599999.
Where is the Productivity and Sustainable Innovation Fund – Component 3: Project Implementation, It's time to take action! available?
The Productivity and Sustainable Innovation Fund – Component 3: Project Implementation, It's time to take action! program is available Montérégie, Quebec.