MT Lab - Project Financing Program - Component 2 QC Canada

MT Lab - Project Financing Program - Component 2

QC, Canada
The Project Funding Program offers financial support to innovative tourism initiatives, covering up to 75% of total project costs.
grant_single_labels|summary
grant_single_labels|preview
grant_single_labels|projects
grant_single_labels|admissibility
grant_single_labels|criteria
grant_single_labels|register
grant_single_labels|otherInfo
grant_single_labels|contact

grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|maxCount
  • grant_single|projectCostPercent
grant_single|deadlines
  • grant_single|openingDateJune 25, 2024
  • grant_single|closingDateAugust 26, 2024
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
  • Accommodation and food services
grant_single|grantors
  • MT Lab
grant_single|status
grant_card_status|closed

grant_single_labels|preview

The Project Funding Program aims to support innovative projects within Quebec's tourism industry by providing financial assistance of up to 75% of project costs, with a maximum of $90,000 for individual projects and $200,000 for collective projects. Eligible activities include the integration of new products, services, processes, or business models that provide economic, social, or environmental value.

grant_single_labels|projects

This grant is available to companies located within a specific geographical area defined by the funding body. Eligibility is territorially focused to support the development of Quebec's tourism industry.
  • Companies and organizations operating within the Quebec tourism industry.
  • Innovative tourism companies based in Quebec.
grant_single|admissibleProjectsExample

$60,000

Launching a mobile app to promote local food experiences

$67,500

Implementing a multilingual virtual tour service for cultural sites

$82,500

Creating an interactive exhibition enhancing visitor engagement at the Toronto Science Centre

$60,000

Launching a digital concierge service for tourists visiting Montreal

$71,250

Development of a heritage trail app to increase tourism

$33,750

Developing an eco-friendly tour package to promote sustainable tourism

grant_single_labels|admissibility

Eligibility for this grant is determined by specific criteria related to the applicant’s operations and project goals.
  • The applicant must be a company or organization working in the Quebec tourism industry or an innovative Quebec tourism business.
  • The applicant must be the beneficiary of the submitted project.
  • The applicant must have been in operation for more than one year.
  • The applicant must have a Quebec Business Number (NEQ).
  • The applicant must have a website available in French.
  • The same company cannot be funded again by a program from the MT Lab financially supported by the Ministry of Tourism for a similar project.
  • The project's application guidelines, including those related to required documents, must be complied with.
  • Applicants in conflict or with potential conflicts of interest linked to MT Lab employees or board members are excluded from applying.
  • State corporations, ministries, and government organizations of Quebec or Canada are excluded as applicants.

grant_eligibility_criteria|who_can_apply

The applicant must be a business or organization operating in the Quebec tourism industry or an innovative Quebec tourism business. Eligible applicants can submit an individual project or be the lead applicant for a collaborative project involving multiple businesses.

grant_eligibility_criteria|who_cannot_apply

This grant excludes certain companies and organizations due to their governmental status. The restrictions ensure that financial support is directed towards private and innovative tourism ventures.
  • State-owned enterprises.
  • Government departments.
  • Organizations of the Government of Quebec or Canada.

grant_eligibility_criteria|eligible_expenses

The program supports innovative projects within the Quebec tourism industry that introduce new or modified products, services, processes, or business models. The projects should deliver economic, societal, or environmental value and adhere to the principles of sustainable and responsible tourism.
  • Integration of a product, service, or business model that previously did not exist, providing significant added value.
  • Adding new features or personalized elements to pre-existing projects or products, enhancing their value.
  • Introducing widespread market solutions to companies adopting them for the first time.
  • Projects that align with sustainable and responsible tourism practices.

grant_eligibility_criteria|zone

This grant supports the eligible expenses directly related to strategic guidance and project development.
  • Fees for expert consulting services in strategic project development under the Accompagnement stratégique component.
  • Development costs of the innovative project under the Financement de projets component.

grant_single_labels|criteria

The evaluation and selection of projects under the Programme de financement de projets 2024-25 are based on several criteria to ensure they align with the initiative's strategic objectives.
  • The project's response to identified priority themes: improving productivity, competitiveness, or efficiency of tourism businesses; addressing workforce shortages; reducing the environmental footprint of tourism activities; embracing digital transformation; and addressing responsible and sustainable tourism issues.
  • The level of risk associated with the project's implementation for the organization.
  • The innovation level in processes, procedures, products, or services represented by the project for the organization.
  • The potential outcomes and impacts for the specific sector or region.
  • The project's aim to increase the company's productivity.

grant_single_labels|register

  • Step 1: Gather Project Information
    • Identify whether the project is individual or collective.
    • Determine if the project fits the innovation criteria and priorities outlined.
  • Step 2: Check Eligibility
    • Ensure the organization is part of the Quebec tourism industry and meets other eligibility requirements.
  • Step 3: Prepare Documentation for Strategic Support
    • Complete the applicant form for the strategic support component.
    • Create a presentation document including company overview, problem statement, project description, objectives, and innovative character.
    • Obtain a letter of commitment from the management or board of the applicant organization.
    • Prepare a declaration of non-conflict of interest.
  • Step 4: Prepare Documentation for Project Funding
    • Complete the applicant form for the project funding component.
    • Create a presentation document similar to strategic support, with additional details on productivity potential and expected results.
    • Gather letters of commitment from all stakeholders in case of a collective project.
    • Prepare a declaration of non-conflict of interest.
  • Step 5: Submit Application
    • Compile all required documents for either or both components.
    • Ensure all deadlines are respected when submitting the application documents.
  • Step 6: Await Selection Announcement
    • Follow up on the announcement periods for results.

grant_single_labels|otherInfo

The grant offers significant financial support and encourages collaboration among Quebec's tourism industry players.
  • Priority themes: improving productivity, combating labor shortages, reducing environmental impact, digital transformation, and responsible tourism.
  • Financial limits: up to 75% project cost coverage.
  • Eligibility excludes state corporations, ministries, and government organizations.
  • Project timeline: must be completed within 9 months post-official announcement.

grant_single_labels|contact

clement@mtlab.ca
418.558.9568

Apply to this program