Large innovation projects are often hard to finance, especially when they involve several partners, long timelines, and high research and development (R&D) costs. Quebec’s Support for Mobilising Projects – Stream 2 gives groups of businesses a way to work together on big projects with important government support. If your project aims to develop or improve a product or process and make a difference across an entire sector, this program may be a good fit.
Support for Mobilising Projects – Stream 2 is a Quebec government program managed by Investissement Québec. It supports large, collaborative innovation projects where multiple companies join forces to carry out advanced R&D or innovation activities.
Key features of the program:
Some summaries call Stream 2 funding “non-refundable.” However, the funding is repayable. You must plan to pay it back as part of your long-term financing.
This program is for groups of partners, not individual applicants. Your project must be collaborative and focused on innovation.
You may be eligible if:
There is no single “priority industry.” Investissement Québec looks for projects that create extra benefits for the sector. These can include new business relationships between suppliers and buyers, sharing knowledge so others can learn, or helping the entire sector become more competitive.
Under Support for Mobilising Projects (Stream 2):
Eligible expenses often include:
Expenses must be clearly tied to innovation work. Regular business costs or simple upgrades usually do not qualify.
If you want to check if your project, partners, and costs fit these rules, GrantHub’s eligibility matcher is a helpful tool before you start a full application.
The application process is more detailed than for smaller grants. Be prepared for careful review and ongoing discussions with Investissement Québec.
Typical steps:
Early discussion with Investissement Québec
You should talk to them about your project before you apply.
Prepare a joint project plan
This plan should include your technical goals, what each partner will do, your timelines, and your budget.
Submit financial and innovation documents
You will need to provide forecasts, details about your funding, and proof that your partners are truly working together.
Evaluation and negotiation
Investissement Québec will look at your project’s impact, risk, and your ability to repay the funding.
Because projects must have at least $4 million in eligible expenses, strong financial planning and clear partner agreements are very important.
If partners are not clearly involved or are just providing money, your application will be weaker.
You must plan to repay the money. Make sure your cash flow can support this.
Investissement Québec expects well-developed, clearly planned projects.
If your total government support is above 70%, your project could be disqualified.
Q: Is Support for Mobilising Projects – Stream 2 a grant or a loan?
It is repayable financial assistance. Even though some say it is non-refundable, you will have to repay it. The repayment terms are set in your agreement.
Q: What is the minimum project size?
Your project must have at least $4 million in eligible expenses and last at least one year.
Q: Can small and medium-sized businesses (SMEs) apply?
Yes, SMEs can be part of a project group. However, the program is for large, collaborative projects that often involve several mid-sized or large companies.
Q: Can I combine this program with other Quebec or federal funding?
Yes. You can combine this with other programs, but total government support cannot be more than 70% of your project costs.
Q: What kinds of innovation does the program support?
Projects must create or improve products or processes and show innovation that is above what is currently available.
If you are planning a large, collaborative innovation project in Quebec, Support for Mobilising Projects (Stream 2) can be an important part of your funding plan. To see if your project qualifies and compare other Quebec and federal programs, start your eligibility check at GrantHub today. GrantHub tracks active Quebec and federal programs and helps you find options that fit your project’s size, sector, and funding needs.
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