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Compétivert — Funding Solution
Funding for Quebec businesses
Last Update: March 3, 2026
Funding available
$ 50,000
Timeline
- Open Date : July 27, 2022
Location
Quebec, Canada
Overview
Get a term loan and guarantee starting at $50,000 to increase productivity by financing your green projects.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Conduct research and development activities
- Obtain certifications or accreditations
Eligible Funding
- Minimum amount : 50,000 $
Timeline
- Open Date : July 27, 2022
Eligible candidates
Eligible Industries
- All industries
Location
- Quebec
Legal structures
- Non-profit
- Public or Parapublic institution
- For-profit business
- Sole proprietorship
- Social economy enterprise
- Non-financial cooperative
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Non-profit candidates
Sector of operation
- Environment
- Economic, Social and Community Development
Target groups
- Business owners / entrepreneurs
Revenue structures
- All structures
Scope
- Provincial
Next steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Innovation initiatives aimed at adopting clean technologies or eco-responsible practices (such as consulting fees, expert fees, studies, diagnostics, certifications).
- Acquisition of clean technology to improve sustainable productivity and reduce environmental impact (for example, equipment for energy transition or efficiency improvements, procurement of electric transport materials, use of renewable energy or bioenergy in production processes, installation of water, air, or soil treatment systems).
- Adoption of eco-responsible business practices integrating environmental concerns into business models (such as circular economy initiatives, waste management and recovery).
- Development of clean technologies designed to measure, prevent, limit, reduce, or correct environmental damage, including projects that conserve resources or are less environmentally impactful compared to market alternatives (such as transport electrification, green chemistry, sustainable agriculture, energy efficiency, renewable energies).
Eligibility
Who is eligible?
The grant is available to businesses operating in Quebec that are either developing or adopting clean technologies and eco-friendly practices, with certain sectorial restrictions.
Who is not eligible
- Companies operating in the agricultural sector (except those not eligible for programs from the Financière agricole du Québec, which may be eligible for Investissement Québec funding).
- Businesses in the finance and insurance sectors.
- Companies in the real estate sector (certain activities are excluded; details not specified).
- Businesses whose clientele consists mainly of individuals, except for those in the tourism sector.
Eligible expenses
- Consultation and expert fees.
- Study and diagnostic fees.
- Certification costs.
- Acquisition of equipment for energy transition or improvement of energy efficiency.
- Purchase of electric transport materials.
- Adoption of renewable energies and bioenergies in the production process.
- Installation of water, air, or soil treatment systems.
- Implementation of circular economy practices.
- Management and valorization of residual materials.
Eligible geographic areas
- Companies operating in Quebec.
Additional information
Here is additional relevant information for this grant:
- This financing solution includes both term loans and loan guarantees.
- The financing can cover up to 100% of the project's costs.
- Applicants could benefit from a capital repayment moratorium for up to 48 months.
- Financing terms may extend to a long-term period of up to 25 years.
- Financial solutions are targeted at improving both environmental footprint and business competitiveness through sustainable productivity.
Documents and links
Contacts
Frequently Asked Questions about the Compétivert — Funding Solution Program
Here are answers to the most common questions about the Compétivert — Funding Solution. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Compétivert — Funding Solution?
Get a term loan and guarantee starting at $50,000 to increase productivity by financing your green projects.
Who is eligible for the Compétivert — Funding Solution program?
To be eligible for the Compétivert — Funding Solution program, you must:
All businesses operating in Quebec developing or adopting clean technologies and eco-responsible practices, except those in agriculture, finance and insurance, and certain real estate activities.
Excludes sectors where the clientele is mostly individuals, except the tourism sector.
Other eligibility criteria may apply.
What expenses are eligible under Compétivert — Funding Solution?
Innovation initiatives aimed at adopting clean technologies or eco-responsible practices (such as consulting fees, expert fees, studies, diagnostics, certifications).
Acquisition of clean technology to improve sustainable productivity and reduce environmental impact (for example, equipment for energy transition or efficiency improvements, procurement of electric transport materials, use of renewable energy or bioenergy in production processes, installation of water, air, or soil treatment systems).
Adoption of eco-responsible business practices integrating environmental concerns into business models (such as circular economy initiatives, waste management and recovery).
Development of clean technologies designed to measure, prevent, limit, reduce, or correct environmental damage, including projects that conserve resources or are less environmentally impactful compared to market alternatives (such as transport electrification, green chemistry, sustainable agriculture, energy efficiency, renewable energies).
Who can I contact for more information about the Compétivert — Funding Solution?
You can contact Investissement Québec (IQ) by email at infoiq@invest-quebec.com or by phone at 1-844-474-6367.
Where is the Compétivert — Funding Solution available?
The Compétivert — Funding Solution program is available the province of Quebec.
Is the Compétivert — Funding Solution a grant, loan, or tax credit?
Compétivert — Funding Solution is a Loans and Capital investments
Who are the financial supporters of the Compétivert — Funding Solution?
Compétivert — Funding Solution is funded by Investissement Québec (IQ), Gouvernment of Québec
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