Grants
The MT Lab’s Call for Grant Applications in brief
The Tourism Innovation Program also offers grants to support young innovative Quebec companies with high growth potential in tourism.
Applications are now open.
To learn more, check out our virtual information session held on October 13: https://bit.ly/2Z11O4r
Incubation Grants
What?
Assisting young innovative companies with high growth potential in tourism that enrol in an incubation program with a business start-up support organization backed by the Quebec Ministry of the Economy and Innovation, in order to promote the development of innovative entrepreneurship in tourism
How much?
$5000
Eligibility criteria
- The company has its head office in Quebec
- The company is not owned 50% or more by other existing companies or organizations
- The company is innovative in tourism in QC
- The company is enrolled in an incubation program
- The company is in the start-up phase, i.e. preparation for marketing
Evaluation criteria
- The company can demonstrate its growth potential
- The company can demonstrate the relevance of its solution for the tourism industry
- The company can demonstrate the relevance of the support program
Key dates for the Call
October 4, 2021 – Launch of the Call for Grant Applications
October 13 – Information session held https://bit.ly/2Z11O4r
October 31, 2021 – Deadline to submit your application
Detailed guide to the Call for Grant Applications: https://bit.ly/3B4KeKK
> Submit your application here – deadline October 31
“This project is made possible thanks to the financial contribution of the Ministry of Tourism”
HR scholarships
What?
Enabling young innovative companies with high growth potential in tourism to pay the salary of an internal resource in order to accelerate their growth
How much?
Avg. $50,000
Eligibility criteria
- The company has its head office in Quebec
- The company is not owned 50% or more by other existing companies or organizations
- The company is innovative in tourism
- The company is not in the pre-start-up phase (R&D)
- The resource must be hired between 6 months before and 6 months after application
- The resource must be based in Quebec and can legally work here according to the laws in effect.
Evaluation criteria
- The company demonstrates high potential for innovation in tourism
- The company demonstrates that the activities enabled by the grant are geared towards the tourism market
- The importance of the internal resource for the growth of the company
- Justification of the amount requested for the resource
Key dates for the Call
October 4, 2021 – Launch of the Call for Grant Applications
October 13 – Information session held: https://bit.ly/2Z11O4r
October 31, 2021 – Deadline to submit your application
Detailed guide to the Call for Grant Applications: https://bit.ly/3B4KeKK
> Submit your application here – deadline October 31
“This project is made possible thanks to the financial contribution of the Ministry of Tourism”
Excellence Grants
What?
Supporting young innovative companies with high growth potential in tourism that have demonstrated clear signs of success, and would benefit from additional assistance to help them improve their product or service.
How much?
Avg. $100,000
Eligibility criteria
- The company has its head office in Quebec
- The company is not owned 50% or more by other existing companies or organizations
- The company is innovative in tourism
- The company has the rights to use the intellectual property (if applicable)
- The company is not in the prototyping or research & development stage
Evaluation criteria
- Demonstrated relevance of the company’s past and future activities to the tourism market
- Demonstration that the activities enabled by the grant are geared to the tourism market
- Relevance and added value of the grant for the growth of the company within 12 months
- Justification of the amount requested for the financial need
Key dates for the Call
October 4, 2021 – Launch of the Call for Grant Applications
October 13 – Information session held https://bit.ly/2Z11O4r
October 31, 2021 – Deadline to submit your application
Detailed guide to the Call for Grant Applications: https://bit.ly/3B4KeKK
> Submit your application here – deadline October 31
“This project is made possible thanks to the financial contribution of the Ministry of Tourism”