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

grant_single|update April 4, 2025

QC, Canada

Funding for Quebec businesses

grant_single_labels|summary

grant_single_labels|preview

grant_single_labels|terms_and_conditions

grant_single_labels|projects

grant_single_labels|admissibility

grant_single_labels|criteria

grant_single_labels|apply

grant_single_labels|otherInfo

grant_single_labels|documents

grant_single_labels|contact

grant_single_labels|summary

grant_single|eligibleFinancing

grant_single|minCount

grant_single|deadlines

grant_single|openingDate July 27, 2022

grant_single|financingType

Loans and Capital investments

grant_single|eligibleIndustries

grant_single|allIndustries

grant_single|grantors

Gouvernement du Québec
Investissement Québec (IQ)

grant_single|status

grant_card_status|open

grant_single_labels|preview

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

grant_single_labels|terms_and_conditions

The Compétivert — Funding Solution provides comprehensive funding modalities to support the integration of eco-friendly technologies and sustainable practices for businesses in Quebec. The financing is designed to enhance business productivity while maintaining environmental integrity.

Loans and loan guarantees that can cover up to 100% of the project costs.
An option for a capital repayment moratorium for up to 48 months.
Flexible financing terms available for both short-term and long-term projects, with durations extending up to 25 years.

grant_single_labels|projects

This grant promotes the integration of clean technologies and environmentally responsible practices to enhance competitiveness and reduce environmental impact. Eligible projects are those that involve the development or adoption of clean technologies and eco-friendly methodologies.

Innovation processes toward the adoption of clean technologies or eco-friendly practices (e.g., consultation fees, expert fees, study and diagnostic fees, certification).
Acquisition of clean technology to improve sustainable productivity while reducing environmental footprint (e.g., equipment for enhancing energy efficiency, purchasing electric transport materials, using renewable energies in production, installing water, air, or soil treatment systems).
Adoption of eco-responsible practices to incorporate environmental considerations into the business model (e.g., circular economy, waste management and valorization).
Development of clean technology to measure, prevent, limit, reduce, or correct environmental impacts, including those conserving resources or being more environmentally friendly than market counterparts (e.g., transportation electrification, green chemistry, sustainable agriculture, energy efficiency, renewable energies).

grant_single|admissibleProjectsExample

$ 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

grant_single_labels|admissibility

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.

grant_eligibility_criteria|who_can_apply

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.

grant_eligibility_criteria|who_cannot_apply

This grant has specific restrictions excluding certain companies and industries from eligibility. These exclusions ensure alignment with economic and environmental objectives.

Companies operating in the agricultural sector, except those not eligible for programs by La Financière agricole du Québec.
Businesses in finance and insurance sectors.
Certain activities within the real estate sector.
Industries primarily serving individual clients, with the exception of the tourism sector.

grant_eligibility_criteria|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.

grant_eligibility_criteria|zone

This grant is specifically available to companies operating within a defined geographical location. Only businesses in the designated area are considered eligible for funding.

Companies operating in the province of Quebec, Canada.

grant_single_labels|criteria

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.

grant_single_labels|apply

Here are the steps to submit an application for this grant:

Step 1: Contact Form Submission Fill out the contact form provided by the funding body to express interest in applying for the grant.
Ensure all required fields are completed accurately to aid the team in understanding your specific needs related to green projects.
Step 2: Gather Project Information Compile detailed information about your project, including objectives, expected outcomes, and how it aligns with eco-responsible practices.
Prepare supporting documents such as cost estimates, timelines, and any relevant certifications or studies.
Step 3: Application Preparation Use the gathered project information to draft a comprehensive project proposal.
Review eligibility criteria and guidelines to ensure compliance.
Step 4: Direct Submission Submit the prepared application directly to the funding body as directed, which may include online submission or physical mailing depending on their requirements.
Step 5: Confirmation of Receipt Await confirmation from the funding body acknowledging receipt of your application.
Retain any reference numbers or emails for your records.

grant_single_labels|otherInfo

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.