PME MTL — Fonds Commercialisation des innovations — Prêts

📋 Eligible Entities - Small and medium-sized enterprises (SMEs) based in Montreal - Businesses operating in priority sectors: transportation & mobility, arts & culture, digital technology, clean technology, and life sciences - Corporations, sole proprietors, and partnerships with established business operations - Enterprises demonstrating a viable commercialization project with market potential - Businesses must be registered and in good standing with Quebec authorities ### 💰 Funding Details - Maximum Loan Amount: $150,000 per project - Funding Type: Loan (not a grant; repayment is required) - Interest Rate & Terms: Not specified in available description (contact PME MTL for current rates and repayment schedules) - Matching Requirements: Not specified (confirm with program administrator) - Repayability: Full repayment obligatory; loan structure includes defined repayment timeline ### 🛠️ Approved Expenses - Commercialization of innovations and new products - Market development and launch activities - Technology adoption and implementation - Infrastructure or equipment acquisition for commercialization - Professional services related to bringing innovations to market - Sector-specific commercialization initiatives in transportation, arts, digital technology, clean tech, and life sciences ### ⚠️ Conditions & Milestones - Project must demonstrate clear commercialization pathway and market viability - Applicant must provide detailed business and commercialization plan - Funds must be deployed according to approved project timeline - Regular reporting and progress monitoring required throughout loan term - Business must maintain operations in Montreal and priority sector classification - Loan repayment schedule begins per agreement terms (specific timeline to be confirmed with PME MTL) - Compliance with Quebec and federal regulations mandatory