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Fund for Innovation and Technology (FIT)

Type
Application Difficulty
EASY
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

Boosting your business’s productivity in Mirabel is more attainable than ever with this grant program. You can receive up to $25,000, covering 50% of your project costs, for initiatives that integrate advanced technologies. This support will allow you to modernize your production processes, automate tasks, and enhance your online sales capabilities without incurring debt. Best of all, there is no payback required, making it a low-risk opportunity to drive growth.

This program is accessible to all types of businesses, regardless of sector or size. With no minimum revenue requirements, you can focus on what truly matters—improving your operations and staying competitive. Taking advantage of these funds will help you invest in technologies that streamline your work and set you on a path to greater success.

Don't let this chance pass by. Getting started is straightforward, and it's designed with your needs in mind. By applying, you're paving the way for innovative growth that can change the future of your business for the better.

Financing Details

This program provides grant financing. You can receive up to $25,000 to cover up to 50% of your total project costs. The great thing about grants is that you do not have to repay them, so it’s essentially free money to help enhance your business.

Eligible Expenses

You can use the funds for various activities that promote the integration of advanced innovations and technologies. Eligible expenses include:

  • Automation of production processes
  • Modernization of production processes
  • Digital transformation initiatives
  • Integration of online commerce solutions

Restrictions on Use

It’s important to note that these funds cannot be used for personal expenses or any activities unrelated to the business. Additionally, check the program guidelines for any specific restrictions on use.

Fees

There are generally no fees associated with applying for or receiving this grant. It's designed to be a straightforward financial assistance option for your business without hidden costs.

Qualifications

  • Location: Must be based in Mirabel.
  • Sectors: Open to all sectors.
  • Legal Structure: All legal structures are eligible.
  • Profit Structure: All profit structures are applicable.
  • Employees: There are no minimum or maximum employee requirements.
  • Revenue: No minimum or maximum revenue qualifications exist.

Disqualifications: None mentioned.

Description

This program offers up to $25,000 in financial assistance to help your business integrate advanced technologies and improve productivity. You can use these funds for a variety of initiatives, such as automating your production processes, modernizing your operations, or enhancing your online sales capabilities. The grant covers up to 50% of the total cost of your project, making it more affordable to adopt innovative solutions.

Your business in Mirabel can take advantage of this support, regardless of your sector or company size. Since there are no revenue requirements and all legal structures qualify, this opportunity is open to everyone. The goal is to boost productivity through modernization and innovation, giving you the tools you need to stay competitive and thrive in today's marketplace.

There is no payback required, making this grant a valuable resource for driving growth without the stress of debt. Investing in technology can set your business on a path to greater efficiency and success.

Program Steps

  1. Identify Your Project
    Outline how you plan to integrate advanced technologies to improve your business productivity.

  2. Prepare Documentation
    Gather the necessary documents, including:

    • A detailed project proposal
    • A budget breakdown for your project
    • Quotes or estimates from vendors for the technology you plan to purchase
    • Financial statements (if available) to support your request
    • Any relevant business licenses or registration documents
  3. Complete the Application Form
    Fill out the application form available on the program’s website, providing all required information clearly and concisely.

  4. Submit Your Application
    Review your application for accuracy, then submit it along with the prepared documentation by the deadline specified on the website.

  5. Follow Up
    After submission, keep an eye on your email for any updates. You may need to provide additional information if requested.

Visit Program Website