Financial Products
Innovative manufacturer

Innovative Manufacturer Financing

Secure a fast loan from Investissement Québec to hire an expert and start your innovation project or commercialize an innovative product.

Our financing solution

Term loan to finance implementation costs for a project designed to raise the business’s level of innovation or support the commercialization of an innovation.

Our terms and conditions

$250,000

 

  • Minimum financing : $50,000
  • Maximum financing : $250,000

 

100 %

 

  • May cover up to 100% of project costs
  • Single disbursement

 

12 months

 

  • 12-month deferral of principal repayment
  • Monthly repayment over a minimum of 48 months
  • Floating interest rate
  • Mandatory sureties of up to 25% of the loan amount
  • No security

 

1 %

 

  • Review fee (maximum 1%)
  • Annual management fee of no more than $250
  • No cancellation fee
  • No availability fee

Examples of eligible projects

 

Image of an engineer who is testing software
  • Consultation fees related to the launch of an innovation process
  • Expenses incurred to hire experts
  • Working capital expenses incurred to commercialize a new innovative product

Eligibility criteria

QUÉBEC MANUFACTURING COMPANIES that meet the following criteria:

 

  • Have been active for at least three years
  • Have at least $2 million in sales
  • Have 15 or more full-time employees
  • Have a sound financial and operational structure

What is an innovative manufacturer?

 

Innovative manufacturers implement, connect and leverage new technologies to make value-added exportable products and achieve dynamic growth in their markets.

Learn more

Contact an Investissement Québec expert
at 1 844 IQINFOS (1 844 474-6367).

 

September 2017

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Contact your expert

André Williot

Client Service Officer

1 844 474-6367