We understand that running a business comes with financial challenges. That’s why this program stands out for you. It provides innovative financing options such as grants, loans, and expert advice, allowing you to adopt green technologies without straining your budget. By participating, you can reduce your environmental footprint while simultaneously boosting your productivity and market reach.

Applying for this program means you're not just supporting eco-responsible practices; you're also enhancing your business's competitiveness. You'll gain access to financial solutions that align with your specific needs, making it easier than ever to integrate sustainable practices into your operations. Imagine the appeal of an eco-friendly business in today’s market! Plus, by aligning with the Quebec government's Green Economy 2030 plan, you position your business as a leader in sustainability.

Qualifying is accessible for all types of businesses, so this is a unique chance to take your operation to the next level while contributing to a healthier planet. Why wait? This program could be a game-changer for you and your business.

Type of Financing

The financing offered is primarily in the form of grants and repayable contributions. Grants do not require repayment and can provide a significant boost to enhance your business's green initiatives. The repayable contributions are financial support that you will need to pay back, typically at a low-interest rate.

Repayment Terms

• Repayable Contributions: These come with a favorable interest rate, often lower than market rates, to ease your financial burden. The repayment term may range from 5 to 15 years, allowing ample time for your business to grow and generate revenue from the investments made.

Eligible Expenses

You can use these funds for various purposes related to green technologies and sustainable practices. Eligible expenses include:

• Investments in equipment to reduce energy consumption
• Implementation of eco-responsible practices
• Upgrading processes to enhance productivity and reduce environmental impact

Ineligible Expenses

Funds cannot be used for:

• General operating costs
• Any expenses incurred before receiving approval for the funding
• Costs related to international expansion or advertising

Fees Associated

There are typically no upfront fees to apply for the program. However, you may want to account for minor administrative costs or fees related to specific requirements during the application process. Always confirm with your advisor for the most accurate information regarding fees.

The Compétivert Initiative helps businesses in Quebec become more competitive by adopting green technologies and eco-responsible practices. This program provides innovative financing options and investment partnerships that support you in reducing your environmental footprint while also boosting your productivity and market reach.

You’ll have access to a range of financial solutions, including grants, loans, and expert advice tailored to your needs. This means you can integrate clean technologies into your operations without overextending your budget. The aim is to guide you toward a sustainable future and to align with the Quebec government's Green Economy 2030 plan, which seeks significant reductions in greenhouse gas emissions.

Getting involved in this initiative can enhance your business's appeal and operational efficiency. You'll be taking a step toward not only being more eco-friendly but also improving your overall business performance in a competitive market.