This program is crafted for innovative startups like yours in Montreal, aiming to support your journey in building valuable partnerships with established organizations. By applying, you'll get financial support specifically designed to help tackle crucial urban challenges, such as ecological transitions and improved transportation systems. Infusing your innovative solutions into these efforts can position you as a key player in addressing community needs.

Participation means you'll benefit from technical assistance and access to a growing business network. Not only will you gain funding, but you’ll also connect with partners eager to leverage your agility and fresh ideas. This collaboration not only boosts the commercialization of your solutions but also enhances your project’s visibility and impact in the market.

Overall, applying to this program is a step towards expanding your business and establishing critical connections in your industry—all while contributing positively to the community around you.

Type of Financing

This program offers grants, which means you won't have to pay back the funds provided, giving you more freedom to grow your business.

Repayment Terms and Interest Rates

Since this is a grant, there are no repayment terms or interest rates involved. It’s straightforward: you get the funds, and you focus on your business goals without worrying about future payments.

Eligible Expenses

You can use the funds for various expenses related to starting or expanding your innovative solutions. Eligible expenses include:

• Research and development costs
• Marketing and promotion related to your new product or service
• Equipment and technology purchases
• Staffing costs directly linked to the project

Prohibited Uses

However, it's important to note that the funds cannot be used for general operational costs, such as rent or utilities, and cannot be allocated to activities outside of the intended innovative projects outlined in your application.

Fees Associated with the Program

There's good news here too! There are no hidden fees associated with this program. This means that you can access the funding without worrying about any upfront costs or service charges.

• Located in Montreal, Quebec
• Must be an innovative startup
• Open to all sectors
• No minimum or maximum number of employees required
• No minimum or maximum company revenue qualifications
• All legal structures are applicable
• All profit structures are applicable

Disqualifications:

• None specified in the provided context.

This program is perfect for you if you’re looking to build partnerships with established organizations in Montreal. By participating, your startup can gain financial support tailored to help you tackle important urban challenges, from ecological transitions to enhancing transportation systems.

The funding is designed to boost the commercialization of your innovative solutions. You'll receive not just money but also valuable technical assistance and access to a broader business network. In return, those partnering organizations gain from your startup's agility and innovative ideas, creating a beneficial relationship for both parties.

Overall, this program provides an excellent opportunity to expand your business and establish crucial connections, all while addressing significant challenges in your community.