MT Lab - Project Financing - Component 2 QC Canada

MT Lab - Project Financing - 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|eligibleFinancing
  • grant_single|maxCount
  • grant_single|projectCostPercent
grant_single|deadlines
  • grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
  • Accommodation and food services
grant_single|grantors
  • MT Lab
grant_single|status
grant_card_status|open

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

Yes, there are projects or activities eligible for this grant.
  • Integration of new products, services, processes, or business models that provide economic, societal, or environmental value
  • Enhancing existing products or services with new features or customization
  • Adopting widely available market solutions that are new to the organization
  • Projects accounting for sustainable and responsible tourism principles
grant_single|admissibleProjectsExample

$60,000

Montreal
Launching a digital concierge service for tourists visiting Montreal.

$33,750

Vancouver
Developing an eco-friendly tour package to promote sustainable tourism in Vancouver.

$67,500

Ottawa
Implementing a multilingual virtual tour service for cultural sites in Ottawa.

$60,000

Calgary
Launching a mobile app to promote local food experiences in Calgary.

$82,500

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

$71,250

Quebec City
Development of a heritage trail app to increase tourism in Quebec City.

grant_single_labels|admissibility

The eligibility criteria for this grant require that the applicant be a Quebec-based tourism enterprise or organization. Additionally, the applying entity must meet several specific operational and administrative requirements.
  • The applicant must be a Quebec-based enterprise or organization working in the tourism industry or an innovative tourism enterprise in Quebec.
  • 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 registration number (NEQ).
  • The applicant must have a website available in French.

grant_eligibility_criteria|who_can_apply

Yes, there are eligible types of companies for this grant. The eligible applicants must be companies or organizations within the Quebec tourism industry or innovative tourism companies in Quebec.
  • Companies or organizations in the Quebec tourism industry
  • Innovative tourism companies in Quebec
  • Startups within the Quebec tourism industry
  • Regional and sectoral tourism associations

grant_eligibility_criteria|who_cannot_apply

Yes, some types of companies are not eligible for this grant.
  • State-owned corporations
  • Ministries
  • Organizations of the government of Quebec or Canada

grant_eligibility_criteria|eligible_expenses

Eligible expenses for this grant are
  • Integration of an innovative product, service, process or business model
  • Novelty and/or customization of an existing product, service, process or business model
  • Adoption of an innovative product, service, process or business model for the company
  • Platform subscription expenses incurred within 9 months of official selection announcement

grant_eligibility_criteria|zone

The eligible geographic zones for this grant are limited to Quebec, Canada. The applicant must be a Quebec-based company or organization working in the tourism industry.
  • Must be located in Quebec
  • Must have a Quebec Business Number (NEQ)

grant_single_labels|criteria

Yes, there are evaluation and selection criteria for this grant. The criteria include responses to thematic priorities, the level of risk, the novelty of the project, potential benefits for the sector or region, and the aim to increase productivity.
  • Response to thematic priorities:
  • Improving productivity, competitiveness, or efficiency of tourism businesses
  • Countering labor shortages
  • Reducing the environmental footprint of tourist activities
  • Digital transformation
  • Addressing issues of responsible and sustainable tourism
  • Level of risk the project entails for the organization
  • Novelty of processes, products, or services introduced by the project
  • Potential benefits for the activity sector or region
  • Project aims to increase the productivity of the business

grant_single_labels|register

  • Step 1: Download the Guide du demandeur and review all requirements and details.
  • Step 2: Identify if your project is eligible based on the conditions listed (e.g., must be an enterprise or organization in the Québec tourism industry, in operation for more than a year, etc.).
  • Step 3: Choose the relevant Volet (Accompagnement stratégique or Financement de projets) for your project.
  • Step 4: Complete the corresponding application form for either Volet.
  • Step 5: Prepare and attach required documents based on the Volet chosen:
  • For Volet Accompagnement stratégique:
  • Document de présentation (maximum 6 pages).
  • Letter of commitment from management or the board.
  • Declaration of no conflict of interest.
  • For Volet Financement de projets:
  • Document de présentation (maximum 9 pages).
  • Letter of commitment from management or the board (and all parties in the case of a collective project).
  • Declaration of no conflict of interest.
  • Step 6: Submit the completed form and required documents before the deadlines specified (26 August 2024, 25 September 2024, or 23 November 2024).
  • Step 7: Wait for the announcement of laureates, which will happen in November 2024, December 2024, and March 2025 depending on the submission date.

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