grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|minCount
grant_single|deadlines
  • grant_single|openingDateJuly 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|projects

This grant is eligible for companies operating specifically within the Quebec region. Businesses outside this particular geographical area are not indicated as eligible in the context provided.
  • Businesses operating in Quebec.
grant_single|admissibleProjectsExample

$70,000

Vancouver
Development of a solar panel installation initiative

$50,000

Halifax
Introduction of composting initiatives in community gardens

$55,000

Calgary
Implementation of a green roofing system at a community center

$100,000

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

$150,000

Toronto
Adoption of a hybrid vehicle fleet for a delivery service

$60,000

Montreal
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

This funding solution supports projects linked to green economy initiatives aimed at improving sustainable productivity through clean technologies and eco-responsible practices. Eligible projects involve innovation efforts, technology acquisitions, and the adoption of eco-friendly practices to reduce environmental footprint while enhancing productivity.
  • Initiative processes towards adopting clean technologies or eco-responsible practices, including consultation fees, expert fees, study and diagnostic expenses, certification, etc.
  • Acquisition of clean technologies to enhance sustainable productivity while reducing environmental impact, such as energy transition equipment, electric transport, renewable energy use, and bioenergy in production, water, air, or soil treatment systems installation, etc.
  • Adoption of eco-responsible practices integrating environmental concerns into business models, such as circular economy and waste management and valorization.
  • Development of clean technologies for measuring, preventing, limiting, reducing, or correcting environmental impacts, including those saving resources or less harmful alternatives available in the market, like transport electrification, green chemistry, sustainable agriculture, energy efficiency, renewable energies, etc.

grant_eligibility_criteria|zone

The grant covers expenses related to developing or adopting clean technologies and environmentally responsible practices.
  • Working capital and capital assets for projects involving clean technology or environmentally responsible practices.
  • Costs for adopting clean technologies or environmentally responsible practices, such as consulting and expert fees, study and diagnostic fees, certification costs.
  • Acquisition of clean technology to improve sustainable productivity and reduce environmental footprint, including energy-efficient equipment, electric transportation materials, use of renewable energies and bioenergies, installation of water, air, or soil treatment systems.
  • Implementation of environmentally responsible practices to incorporate environmental considerations into business models, such as circular economy and waste management and valorization.
  • Development of clean technologies to measure, prevent, limit, reduce, or correct environmental impacts, including resources conservation and reduced environmental impact compared to market counterparts.

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|register

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.

grant_single_labels|documents

Compétivert — Funding Solution

grant_single_labels|contact

infoiq@invest-quebec.com
1-844-474-6367

Apply to this program