PROMPT — GHG Reduction – SME Component

Q: How much funding can be received?

PROMPT — GHG Reduction – SME Component Funds up to 50% of admissible expenses, capped at $450000 per project.

Q: What is the deadline to apply?

The program is accepting continuous intake

Q: Is the PROMPT — GHG Reduction – SME Component a grant, loan, or tax credit?

PROMPT — GHG Reduction – SME Component is a Partnering and Collaboration

Q: Who are the financial supporters of the PROMPT — GHG Reduction – SME Component?

PROMPT — GHG Reduction – SME Component is funded by PROMPT

Q: 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

Q: Where is the PROMPT — GHG Reduction – SME Component available?

The PROMPT — GHG Reduction – SME Component program is available the province of QC.

Q: Are startups eligible for the PROMPT — GHG Reduction – SME Component program?

Yes, startups are eligible to apply for the PROMPT — GHG Reduction – SME Component program.

Last Update: July 22, 2025

QC, Canada

Supports Quebec SMEs developing innovative GHG reduction technologies

At a glance

Eligible Funding

Max. $450,000
Up to 50% of project cost

Timeline

Unspecified

Financing Type

Partnering and Collaboration

Grant and Funding

Eligible Industries

Manufacturing
Professional, scientific and technical services

Funds Providers

Unspecified

Program status

Open

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.

Financing terms and conditions

Maximum financial assistance of $450,000 per project per year.
Funding covers up to 50% of the total eligible project costs.
The applicant SME must contribute at least 20% of the eligible expenses.
Management fees equal to 5% of total eligible expenditures apply.
Project duration is limited to a maximum of 2 years.

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.

Eligibility

The applicant must be a small or medium-sized enterprise (SME) with 250 employees or fewer, registered and operating in Quebec.
The project must be submitted by a Quebec-based SME conducting internal production or R&D activities.
The project must demonstrate a potential to reduce or avoid at least 100,000 tonnes of CO2 equivalent emissions in Quebec over the first ten years following commercialization.
The project must be developed in collaboration with another Quebec company, an eligible user organization, or a public research institution in Quebec.
The project must involve the development of a new product or process, or a significant improvement to an existing one, and offer a clear innovation advantage compared to current market solutions.

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

Management fees amount to 5% of total eligible expenses.
The grant program is currently open and the application deadline is scheduled for Autumn 2025 (exact date to be announced).

Apply to this program

Frequently Asked Questions about the PROMPT — GHG Reduction – SME Component Program

Here are answers to the most common questions about the PROMPT — GHG Reduction – SME Component. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.

What is the PROMPT — GHG Reduction – SME Component?

How much funding can be received?

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.