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ÉcoPerformance — Implementation of large industrial projects

Up to $40,000,000
Type
Application Difficulty
MEDIUM
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

You have a wonderful opportunity to access funding that supports projects aimed at reducing greenhouse gas emissions. If your industrial initiative involves an investment of over $15 million, this program is tailored for you. The funding is a grant, which means you won't have to pay it back, freeing you to focus on your project's success without financial stress.

By applying for this program, you can significantly lower your costs while modernizing your operations and increasing efficiency. Aligning your business with environmental standards not only helps the planet but also gives you a competitive edge in your field. This is your chance to create a lasting impact that benefits both your bottom line and the environment.

With no strict eligibility requirements regarding revenue or employee count, this program is accessible to various sectors and legal structures. Simply put, it’s an incredible opportunity to enhance your business’s sustainability goals while securing funding that empowers your growth.

Financing Details

The financing provided is a grant. This means you do not have to pay it back, making it a fantastic opportunity for your business.

Repayment Term and Interest Rates

There are no repayment terms or interest rates associated with this grant. Once you receive the funds, they're yours to keep, as long as you use them for the eligible expenses outlined by the program.

Eligible Expenses

You can use the funds for a range of expenses that help in significantly reducing greenhouse gas emissions. This could include things like:

  • Upgrading equipment to be more energy-efficient
  • Implementing new technologies for GHG reduction
  • Making infrastructure improvements related to sustainability

Ineligible Expenses and Fees

However, there are some restrictions. The grant funds cannot be used for day-to-day operational costs or any general administrative expenses. There are also no fees associated with receiving the grant, so you can focus on making impactful changes without worrying about additional costs.

Qualifications

  • Investment Requirement: Must invest over $15 million in the project.
  • Location: Available across the country.
  • Eligible Sectors: Open to all sectors.
  • Legal Structure: Applicable to all legal structures.
  • Profit Structure: Applicable to all profit structures.
  • Employee Requirements: No minimum or maximum number of employees required.
  • Revenue Requirements: No minimum or maximum company revenue qualifications.

Disqualifications:

  • No specific disqualifications mentioned.

Description

You have a unique chance to access funding for your industrial projects that cut down greenhouse gas emissions. If your project involves investing over $15 million, this program is designed to support your efforts. Receiving grants can significantly lower your costs, allowing you to implement innovative solutions that benefit both your business and the environment.

The funding you receive can be used for various aspects of your industrial project, helping you achieve meaningful sustainability goals. This is an opportunity to invest in modernization and efficiency, ultimately leading to lower operational costs in the long run. Plus, since this program is aimed at reducing GHG emissions, it aligns your business with current environmental standards, giving you a competitive edge in your industry.

There’s no pressure to pay back the funds, which means you can focus on creating a lasting impact without the financial burden. This program offers the flexibility you need to grow your business sustainably while contributing to a healthier planet. Think of it as a boost that supports both your innovation and environmental responsibility.

Program Steps

  1. Gather Necessary Information
    Collect details about your industrial project, including the scope, goals, and expected greenhouse gas emissions reductions.

  2. Prepare the Documentation
    Assemble the following documents to support your application:

    • Detailed project proposal
    • Budget breakdown showing the $15 million investment
    • Environmental impact assessment
    • Company financial statements (last two years)
    • Proof of ownership or legal structure of your business
  3. Complete the Application Form
    Fill out the online application form available on the program's website. Ensure all information is accurate and complete.

  4. Submit Your Application
    Review your application and submit it before the deadline. Keep a copy for your records.

  5. Follow Up
    After submission, monitor your email for any communication from the program administrators. Be prepared to provide additional information if requested.

  6. Prepare for Project Implementation
    Once approved, start planning the execution of your project in alignment with the funding requirements.

Visit Program Website