Fonds d'Investissement innovation
Strategic support for bold projects
This fund was created to fuel the ambition of visionary businesses. The Fonds d'Investissement innovation provides financing for projects that aim to shape Montreal’s future and can be combined with the Fonds PME MTL, for a total of up to $450,000.
Financial Assistance
This fund offers a loan of up to $150,000, which may not exceed 80% of the total cost of the business project.
An investment fund that supports innovations
The loan can be used to finance the following projects:
- Testing and trial of innovations in real context
- Validation of target markets when developing the innovation
- Market launch
- Generating the first sales of the innovation
- Protecting an innovation through intellectual property rights
- Supporting efforts to develop new markets or export an innovation
Eligibility conditions
To qualify for a loan or subsidy from our Fonds Commercialisation des innovations, the business or its promoters must meet the following criteria:
- Have Canadian citizenship, be a permanent resident or hold a Quebec selection certificate (CSQ)
- Be legally incorporated and registered in the Registraire des entreprises du Québec (REQ)
- Have a Montréal-based address, and have a head office in the province of Quebec
- Present a business plan or executive summary
- Present financial forecasts covering at least two full financial years
- Present a compilation of financial statements for the last two completed financial years (or the first financial year for companies less than two years old)
- Provide a minimum down payment of 20% of the total cost for a pre-startup business, and at least 15% of the total project cost for a start-up or growing business for a loan and 20% when applying for a subsidy
Eligible expenses
Only expenses related to the business project are eligible.
Each application is reviewed by the Joint Investment Committee (JIC) of the center involved, who will establish the qualification of the entrepreneur and the project against the objectives and requirements of the Fund's policy.
If you need more information about our Fonds Commercialisation des innovations, please contact your service center.
Contenu lié
How to benefit from these services?
These support or financing services are offered to entrepreneurs according to the borough or city where the business is located. By selecting the territory on the map below, or by entering the postal code of your business, you will be directed to the experts at your service centre. ↓