Closed
Source verified July 9, 2026
PROMPT — GHG Reduction – SME Component
Supports Quebec SMEs developing innovative GHG reduction technologies
Offered by
Latest source updateLast Update: July 6, 2026Latest change: The GHG Reduction – SME page now shows more detailed eligibility rules and funding terms, including Quebec-based collaboration requirements, $450,000 per year, up to 50% of costs, and a 20% SME contribution.View change
Latest source update
Last Update: July 6, 2026
Latest change: The GHG Reduction – SME page now shows more detailed eligibility rules and funding terms, including Quebec-based collaboration requirements, $450,000 per year, up to 50% of costs, and a 20% SME contribution.
GHG Reduction – SME eligibility and funding updated
The GHG Reduction – SME page now spells out more detailed eligibility requirements for Quebec-based SMEs and their partners, including collaboration with another Quebec-based company, an eligible end-user, or a Quebec public research institution, plus the need to be established in Quebec and carry out internal production or R&D activities in the province. Funding terms are also more explicit: maximum funding is $450,000 per year per project, maximum assistance can cover up to 50% of total project costs, the lead SME must contribute at least 20% of eligible project expenses, and administration fees equal 5% of total eligible expenses apply. The page still shows a 2-year maximum duration and a closed status, with the submission deadline listed as to be determined.
Funding available
$ 450,000
Deadline
July 9, 2026
Location
Quebec, Canada
Who can apply
Small and medium-sized enterprises (SMEs) with 250 employees or fewer, established in Quebec
See full eligibility
Overview
The PROMPT — GHG Reduction – SME Component provides up to $450,000 in financial assistance to support innovative projects by Quebec SMEs aimed at reducing greenhouse gas emissions. The program funds the development or significant improvement of products or processes that demonstrate a strong potential for GHG reduction and commercial deployment.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop strategic partnerships
- Develop a new product or service
- Conduct research and development activities
Eligible Funding
- Maximum amount : 450,000 $
- Up to 50% of project cost
Funds Providers
Eligible candidates
Eligible Industries
- All industries
Location
- Quebec
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- 250 employees maximum
Audience
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Development of new products or processes that significantly reduce greenhouse gas emissions in Quebec.
- Significant improvement of existing products or processes to achieve higher GHG reduction potential.
- Collaborative innovation projects aiming to introduce breakthrough solutions for GHG reduction.
- Implementation of clean technologies with proven commercial or large-scale deployment potential.
- Development of intellectual property related to new GHG-reducing technologies.
Official resources
Eligibility
Who is eligible?
- Small and medium-sized enterprises (SMEs) with 250 employees or fewer, established in Quebec
- Businesses of any size incorporated under federal or Quebec law and registered with the Quebec Business Registry, with operations in Quebec
- Public research institutes in Quebec
- Non-profit organizations (NPOs) or cooperatives incorporated under federal or Quebec law and registered with the Quebec Business Registry, with operations in Quebec
- Hydro-Québec and its subsidiaries
Eligible geographic areas
- Companies established and operating in Quebec.
Selection criteria
- Demonstrated strong potential for reduction of greenhouse gas (GHG) emissions in Quebec (minimum of 100,000 tonnes of CO2 equivalent reduced or avoided over the first 10 years following commercialization).
- Level of innovation, with the product or process offering a decisive advantage compared to existing market solutions and the sector at the national or international level.
- Presence of technological or business risk or uncertainty for the SME.
- Significant commercial potential or potential for large-scale deployment if the product or process is intended for sale.
How to apply
- Step 1: Contact a Prompt Advisor
- Fill out the online contact form available on Prompt’s website to get in touch with an appropriate advisor.
- Provide required contact information and details regarding your inquiry or project.
- Step 2: Prepare Project Proposal
- Develop a comprehensive project proposal outlining your innovation, objectives for GHG reduction, and the collaborative structure of your project.
- Include details on anticipated GHG emission reductions and the innovative nature of the product or process.
- Gather all necessary documentation as required by Prompt for assessment.
- Step 3: Submit Application
- Submit your completed application package, including the project proposal and supporting documents, following the instructions provided by your Prompt advisor.
- Ensure submission before the set deadline (Autumn 2025; exact date to be determined).
- Step 4: Pay Management Fees
- Prepare to pay management fees equivalent to 5% of eligible project expenses upon submission or approval, as stipulated by Prompt.
Additional information
- The page now points to Contact an advisor on Prompt’s services form for this program.
- The French version now references Contactez un conseiller on Prompt’s services form.
Other components of this program
Explore related funding streams and grants that belong to the same program.
- PROMPT — GHG reduction – Academic componentSupports collaborative research projects reducing greenhouse gas emissions
Frequently Asked Questions about the PROMPT — GHG Reduction – SME Component Program
What is the PROMPT — GHG Reduction – SME Component?
The PROMPT — GHG Reduction – SME Component provides up to $450,000 in financial assistance to support innovative projects by Quebec SMEs aimed at reducing greenhouse gas emissions. The program funds the development or significant improvement of products or processes that demonstrate a strong potential for GHG reduction and commercial deployment.
How much funding can be received?
PROMPT — GHG Reduction – SME Component Funds up to 50% of admissible expenses, capped at $450,000 per project.
Who is eligible for the PROMPT — GHG Reduction – SME Component program?
To be eligible for the PROMPT — GHG Reduction – SME Component program, you must:
For-profit SME with 250 employees or less
Registered and operating in Quebec
Engaged in production and/or R&D activities in Quebec
What expenses are eligible under PROMPT — GHG Reduction – SME Component?
Development of new products or processes that significantly reduce greenhouse gas emissions in Quebec.
Significant improvement of existing products or processes to achieve higher GHG reduction potential.
Collaborative innovation projects aiming to introduce breakthrough solutions for GHG reduction.
Implementation of clean technologies with proven commercial or large-scale deployment potential.
Development of intellectual property related to new GHG-reducing technologies.
Where is the PROMPT — GHG Reduction – SME Component available?
The PROMPT — GHG Reduction – SME Component program is available the province of Quebec.
Is the PROMPT — GHG Reduction – SME Component a grant, loan, or tax credit?
PROMPT — GHG Reduction – SME Component is a Grant and Funding
Who are the financial supporters of the PROMPT — GHG Reduction – SME Component?
PROMPT — GHG Reduction – SME Component is funded by PROMPT