How much funding can be received?

There is no informations about how much funding can be received.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the Compétivert — Funding Solution?

Compétivert — Funding Solution is funded by Gouvernement du Québec, Investissement Québec (IQ)

What are Compétivert — Funding Solution's eligibility criterias?

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.

Compétivert — Funding Solution

Last Update: April 18, 2025

QC, Canada

Funding for Quebec businesses

Compétivert — Funding Solution at a glance

Eligible Funding

Min. $50,000

Timeline

Open Date : July 27, 2022

Financing Type

Loans and Capital investments

Eligible Industries

All industries

Grant Providers

Gouvernement du Québec
Investissement Québec (IQ)

Status

Open

Overview of the Compétivert — Funding Solution program

Get a term loan and guarantee starting at $50,000 to increase productivity by financing your green projects.

Financing terms and conditions

Financing can cover up to 100% of eligible project costs.
Capital repayment holiday of up to 48 months available.
Financing available for both short-term and long-term projects, with terms of up to 25 years.

Eligible projects & activities

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).

Examples of admissible projects:

$ 55,000

Implementation of a green roofing system at a community center

$ 100,000

Development of a small-scale wind energy project for commercial buildings

$ 70,000

Development of a solar panel installation initiative

$ 50,000

Introduction of composting initiatives in community gardens

$ 150,000

Adoption of a hybrid vehicle fleet for a delivery service

$ 60,000

Implementation of eco-friendly packaging in the retail sector

Eligibility criteria of the Compétivert — Funding Solution program

Eligibility for this financing solution is determined by specific requirements related to the business operations and sectors.

The business must operate in Quebec.
The business must be involved in developing or adopting clean technologies and eco-responsible practices.
Businesses operating in the following sectors are excluded: agricultural operations (unless ineligible for La Financière agricole du Québec programs), finance and insurance, certain real estate activities, and other sectors mainly serving individuals, with the exception of the tourist sector.
Additional criteria may apply depending on the specific project and business profile.

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.

Eligibility criteria of the Compétivert — Funding Solution program

There are evaluation and selection criteria for this grant. The criteria aim to assess the eligibility and suitability of projects for funding.

All Quebec-based businesses developing or adopting clean technologies and eco-responsible practices are eligible, excluding specific sectors like agriculture, finance, insurance, and certain real estate activities.
The projects must be linked to clean technology adoption, eco-responsible practices, and sustainable productivity enhancement.
Other criteria may apply based on the nature of the projects.

How to apply to the Compétivert — Funding Solution program

Initial contact

Fill out the contact form available on the funding organization's website to express your interest.

Preliminary assessment

Submit initial information regarding your project for a preliminary assessment by the organization's team.

Project Documentation

Prepare a detailed project documentation including the specific technologies to adopt or develop and the eco-friendly practices to implement.
Include elements such as studies, diagnostics, and relevant certifications.

Complete submission of the application

Send all the necessary supporting documents, such as cost estimates and expected benefits.
Use the submission method required by the organization (online, in person, or by mail).

Follow-up and assistance

Participate in a post-submission follow-up by the organization's team to refine the project if necessary.
Provide additional information or clarifications as soon as they are requested.

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

Compétivert — Funding Solution

Contact Gouvernement du Québec

infoiq@invest-quebec.com

1-844-474-6367

Apply to this program

Greenhouse emission reduction aid for freight transport