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
- Minimum financing : $50,000
- Maximum financing : $250,000
- May cover up to 100% of project costs
- Single disbursement
- 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
- Review fee (maximum 1%)
- Annual management fee of no more than $250
- No cancellation fee
- No availability fee
Examples of eligible projects
- 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
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.