Compétivert — Funding Solution

Compétivert — Funding Solution

Funding for Quebec businesses

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
  • Investissement Québec
  • Gouvernement du Québec
Status
Open

Overview

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

Eligibility criteria

Eligibility criteria summary: The grant is available to all companies operating in Quebec that develop or adopt clean technologies and eco-friendly practices, excluding certain sectors like agriculture, finance, and real estate.

  • All businesses operating in Quebec that develop clean technologies or adopt eco-friendly technologies and practices, except those in excluded sectors such as farming, finance, and real estate.
  • Other sectors may be excluded if the clientele is primarily individual consumers, except for the tourism sector.

Who is eligible

  • All companies operating in Quebec developing or adopting clean technologies and eco-responsible practices are eligible, except those in agricultural operations, finance and insurance, real estate (some activities are excluded), and other sectors where the majority of the clientele are individuals, excluding the tourism sector. Other criteria may apply.

Who is not eligible

There are specific types of companies that are not eligible for this grant. These include:

  • Agricultural businesses
  • Finance and insurance companies
  • Real estate businesses (some activities are excluded)
  • Other sectors where the clientele is primarily individual consumers, excluding the tourism sector

Eligible expenses

Eligible expenses for this grant include funding for projects related to clean technologies and eco-friendly practices such as innovation towards adopting clean technologies, acquisition of clean technologies for sustainable productivity, adoption of eco-friendly practices in business models, and development of clean technologies to address environmental concerns.

  • Innovation consulting and expert fees
  • Purchase of clean technologies
  • Adoption of eco-friendly practices
  • Development of clean technologies

Eligible projects & activities

Projects eligible for this grant include initiatives related to developing or adopting clean technologies and eco-friendly practices, such as innovation towards clean technologies, acquisition of clean technologies for sustainable productivity, adoption of eco-friendly practices, and development of clean technologies to reduce environmental impact.

  • Innovation towards clean technologies
  • Acquisition of clean technologies for sustainable productivity
  • Adoption of eco-friendly practices
  • Development of clean technologies to reduce environmental impact

Evaluation & selection 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.

How to apply

  • Step 1:
    • Fill out the contact form provided on the website.
  • Step 2:
    • Provide details about your green project and financing needs.
  • Step 3:
    • Receive support from the team to tailor the financing to your specific situation.

Documents and links

Compétivert — Funding Solution

Contact information

infoiq@invest-quebec.com
1-844-474-6367
Apply to this program