RCM Vallée-Du-Richelieu — Programme Innovation (PI)

• The company must have its head office located on the territory of the MRC de la Vallée-du-Richelieu (MRCVR).
• The company must carry out commercial activities on the territory of the MRCVR.
• The company must have been in operation for more than 24 months.
• The company must be registered with the Registraire des entreprises du Québec (REQ) and possess an operation certificate.
• The company must not have already benefited from the PI grant in the current year.

Who is eligible?

• Private small and medium-sized enterprises with a head office and activities in MRC Vallée-du-Richelieu
• Social economy enterprises with a head office and activities in MRC Vallée-du-Richelieu

Who is not eligible

• Companies that have already benefited from the PI grant within the current year.
• Businesses that do not have their head office and commercial activities located within the MRC de la Vallée-du-Richelieu.

Eligible expenses

• Acquisition of technologies, land, buildings, equipment, machinery, and vehicles directly related to the project.
• Construction, expansion, renovation, and development of land and business premises linked to the project.
• Additional working capital requirements, beyond regular operating expenses, needed to complete the project for a period of up to two years.
• Professional fees for activities prior to project implementation, such as feasibility analyses, external audits, or impact studies.
• Professional fees directly linked to the realization of the project, including implementation of technologies, equipment, machinery, and development of land and premises.

Eligible geographic areas

• Businesses with their head office located within the territory of the MRC de La Vallée-du-Richelieu (MRCVR), Quebec.

• Feasibility of the proposed project.
• Capacity of the promoter to carry out the project.
• Anticipated benefits of the project for the company.
• Leverage effect of the financial contribution provided by the MRCVR.
• Expected impacts on the improvement of products and/or services, as well as on humans, local sourcing, and/or the environment.

• The MRCVR logo must appear on the printed and digital visuals of supported projects, in accordance with the graphic standards guide.
• The MRCVR may refuse the payment of the grant if the project does not meet the evaluation criteria or diverges from the initially authorized project.
• Financial aid is granted in two payments, with the second conditional upon the accountability report and proof of project completion.
• A total budget envelope of $60,000 is provided for this program.