Closed
MTRIC — PSO SME
Funding for industrial research projects
Last Update: March 4, 2026
Funding available
$ 1,500,000
Timeline
- Closing date : May 23, 2025
Location
Quebec, Canada
Overview
Get a grant of up to $500,000 to cover up to 40% of eligible costs if your SME partners with a research centre on a project involving metal processing.
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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
- Optimize production processes
Eligible Funding
- Maximum amount : 1,500,000 $
- Up to 40% of project cost
Timeline
- Closing date : May 23, 2025
Eligible candidates
Eligible Industries
- Mining, quarrying, and oil and gas extraction
- Manufacturing
Location
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- 249 employees maximum
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Collaborative research and development projects between metal transformation companies and research institutions.
- Development or improvement of metal transformation processes, including automation and digital innovation.
- Design and commercialization of advanced metallic products or alloys.
- Projects aimed at reducing environmental impact, such as lowering greenhouse gas emissions or enhancing resource efficiency.
- Initiatives supporting the transfer of research results to industry to boost competitiveness and productivity in Quebec's metal transformation sector.
Eligibility
Who is eligible?
- Companies involved in metal transformation (Extraction, Concentration, Primary, First, Second and Third Transformation, Finished Metal Products, Metal Recycling)
- Small and Medium-sized Enterprises (SMEs) legally constituted under Canadian or Quebec law and registered in the Registraire des entreprises du Québec
- Large Enterprises involved in the metal transformation sector
- Eligible research organizations collaborating with the metal transformation industry (universities, CCTTs, recognized research centers)
- Companies associated with critical and strategic minerals (e.g., steel, aluminum, nickel, titanium, magnesium, copper, zinc, rare earth elements, and others as identified by the Quebec government)
Who is not eligible
- Companies directly or indirectly controlled by a government, municipal entity, or Crown corporation.
- Businesses listed as ineligible for public contracts in Quebec.
- Companies under the protection of the Companies' Creditors Arrangement Act or the Bankruptcy and Insolvency Act.
Eligible expenses
- Salaries, wages, and employee benefits directly related to the project.
- Scholarships for students involved in the project.
- Purchase of supplies, consumables, and necessary materials.
- Purchase or rental of equipment (up to 25% of total eligible expenses; maximum value of $25,000 per piece before taxes).
- Professional fees, including limited consulting and subcontracting contracts.
- Travel and accommodation expenses related to project activities (in compliance with government standards; international travel for Quebec researchers and students capped at 15% of total eligible expenses).
- Expenses for disseminating project results and knowledge-sharing activities.
- Intellectual property management and related operating costs.
- CRITM management fees.
Eligible geographic areas
- Quebec
Additional information
- All partners in the project must obtain or show progress toward a Certificate of Francisation from the Office québécois de la langue française if they have 50 or more employees.
- Projects involving companies outside Quebec can be eligible provided the project is conducted in Quebec and includes Quebec-based partners.
- CRITM does not claim intellectual property rights but requires partner agreements to address intellectual property and results management.
- Regular updates to program conditions may occur; applicants are advised to confirm details with CRITM during the application process.
Documents and links
Contacts
Frequently Asked Questions about the MTRIC — PSO SME Program
Here are answers to the most common questions about the MTRIC — PSO SME. 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 MTRIC — PSO SME?
Get a grant of up to $500,000 to cover up to 40% of eligible costs if your SME partners with a research centre on a project involving metal processing.
How much funding can be received?
MTRIC — PSO SME Funds up to 40% of admissible expenses, capped at $1,500,000 per project.
Who is eligible for the MTRIC — PSO SME program?
To be eligible for the MTRIC — PSO SME program, you must:
Must be a regular member of CRITM
Must operate in the metal transformation sector in Quebec
Must have a head office in Quebec and be incorporated under federal or Quebec law
What expenses are eligible under MTRIC — PSO SME?
Collaborative research and development projects between metal transformation companies and research institutions.
Development or improvement of metal transformation processes, including automation and digital innovation.
Design and commercialization of advanced metallic products or alloys.
Projects aimed at reducing environmental impact, such as lowering greenhouse gas emissions or enhancing resource efficiency.
Initiatives supporting the transfer of research results to industry to boost competitiveness and productivity in Quebec's metal transformation sector.
Who can I contact for more information about the MTRIC — PSO SME?
You can contact Metal Transformation Research and Innovation Consortium (MTRIC) by email at jfstcyr@critm.ca or by phone at 418 446-7187.
Where is the MTRIC — PSO SME available?
The MTRIC — PSO SME program is available the province of Quebec.
Who are the financial supporters of the MTRIC — PSO SME?
MTRIC — PSO SME is funded by Metal Transformation Research and Innovation Consortium (MTRIC)