
Rio Tinto Aluminium Valley Fund
- Open continuously
Overview
The Fonds Rio Tinto pour la Vallée de l’aluminium® provides non-repayable funding up to $25,000 to support the development and transformation of aluminum products in the Saguenay—Lac-Saint-Jean region. Eligible activities include product design, prototyping, market studies, and initiatives in sustainable development and recycling.
At a glance
Funding available
- Develop a new product or service
- Obtain certifications or accreditations
- Reduce environmental footprint
- Maximum amount : 25,000 $
- Up to 50% of project cost
- Open continuously
Eligible candidates
- Manufacturing
- Saguenay
- Saguenay–Lac-Saint-Jean
- Quebec
- For-profit business
- All revenue ranges
- All organization sizes
- Startups
Next steps
Activities funded
The Rio Tinto Aluminium Valley Fund supports projects focused on the development and transformation of aluminium products in the Saguenay—Lac-Saint-Jean region. Eligible activities include design, prototyping, and sustainability efforts within the aluminium industry.
- Development of new or existing aluminium products, including design, prototyping, and extrusion.
- Projects requiring specific studies and analyses related to the aluminium transformation industry.
- Marketing support, market studies, and commercialization preparation for aluminium products.
- Valorization of aluminium by-products, recycling processes, and projects focused on sustainability or circular economy.
Eligibility
Who is eligible?
Businesses or entrepreneurs involved in the development of aluminium products within the Saguenay—Lac-Saint-Jean region are eligible to apply for this grant. This includes projects focused on new or existing aluminium products, requiring specific industry studies and analyses, or aimed at product upcycling and sustainability.
Eligible expenses
The grant covers a range of expenses aimed at supporting the development and transformation of aluminum products.
- Design and prototyping of aluminum products.
- Conversion to aluminum and simulation processes.
- Extrusion and production-related activities.
- Market studies and marketing needs specific to aluminum transformation projects.
- Planning of equipment purchases related to the project.
- Preparation for commercialization and business meetings.
- Obtaining necessary accreditations.
- Valorization and recycling of aluminum by-products.
Eligible geographic areas
This grant is available to companies located in the Saguenay—Lac-Saint-Jean region. The fund specifically supports entrepreneurs within this geographical area to foster local economic development in the aluminum industry.
- Companies based in the Saguenay—Lac-Saint-Jean region.
Additional information
This grant is aimed at supporting projects related to the development and transformation of aluminum products within the Saguenay—Lac-Saint-Jean region, and it offers non-repayable funding up to $25,000, covering half the project's total cost.
- Projects must be related to aluminum product development, including new or existing product design, prototyping, simulations, or new extrusions.
- Funding can be used for market studies, marketing needs, equipment planning, commercial preparations, business meetings, accreditations, etc.
- Support also extends to projects focusing on the valorization of aluminum by-products, recycling processes, sustainable development, and circular economy initiatives.
- Projects are assessed by an advisory committee based on set eligibility criteria.
Frequently Asked Questions about the Rio Tinto Aluminium Valley Fund Program
What is the Rio Tinto Aluminium Valley Fund?
How much funding can be received?
Who is eligible for the Rio Tinto Aluminium Valley Fund program?
What expenses are eligible under Rio Tinto Aluminium Valley Fund?
Who can I contact for more information about the Rio Tinto Aluminium Valley Fund?
Where is the Rio Tinto Aluminium Valley Fund available?
Is the Rio Tinto Aluminium Valley Fund a grant, loan, or tax credit?
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