Eco-design incentive bonus
Highlights
This program is tailored for businesses like yours, aiming to enhance sustainability while saving costs. You can receive up to $25,000 per application, with a cap of $60,000 for your company. This funding supports innovative eco-design initiatives—reducing packaging weight, using recycled materials, and improving recyclability—all without any payback period.
By participating, you not only make your packaging more environmentally friendly but also position your business as a leader in sustainability. This can attract eco-conscious customers and improve your brand image. With the potential to receive a bonus of up to 50% on your eligible contributions, the more you invest in these sustainable practices, the more support you gain.
This is an excellent opportunity to elevate your business while contributing positively to the environment. You won't have to navigate complex qualifications; it's straightforward and accessible. Invest in your future and watch your business thrive while making a difference.
Financing Details
This program offers a grant as a form of financing. You can receive up to 50% of your eligible costs, with a maximum grant of $25,000 per application and $60,000 per company. There's no repayment required, meaning once you receive the funds, they’re yours to keep.
Eligible expenses include costs related to ecodesign initiatives for containers and packaging. This includes efforts such as reducing packaging weight, adding recycled content, improving recyclability, and implementing environmental labeling.
However, keep in mind that the funds cannot be used for personal expenses, general business operations, or any activities outside the scope of ecodesign initiatives. Additionally, there are no fees associated with the program, so what you apply for is what you receive—nice and straightforward!
Qualifications
- Location: Must operate in the province of Quebec, Canada.
- Sectors: Open to all sectors.
- Legal Structure: All legal structures are applicable.
- Profit Structure: All profit structures are applicable.
- Employees: No minimum or maximum employee requirements.
- Revenue: No minimum or maximum revenue qualifications.
Disqualifications:
- None specified.
Description
The program provides funding of up to $25,000 per application, with a total cap of $60,000 for your company. This money can help you make your packaging and containers more environmentally friendly. You can use these funds to reduce packaging weight, use recycled materials, and enhance recyclability. It's a great way to not only improve your product's sustainability but also to potentially save costs in the long run.
You’ll receive a bonus that equals up to 50% of your eligible contributions towards these eco-design initiatives. This means that the more you invest in sustainable practices, the more support you receive. It's designed to encourage businesses like yours to innovate and adopt environmentally friendly methods in packaging.
There’s no payback period to worry about, making this funding a straightforward way to invest in your business’s future. By participating in this program, you can not only improve your packaging but also position your business as a leader in sustainability within your industry.
Program Steps
Visit the Program Website: Go to the official program website to gather information and understand the application process.
Prepare Appropriate Documentation: Gather the necessary documents to support your application. You will typically need:
- A detailed project proposal outlining your sustainability initiatives.
- Financial statements or relevant financial documentation.
- Proof of previous packaging or container design if applicable.
- Documentation showing your business's green practices or sustainability strategies.
- Any additional supporting documents that demonstrate your commitment to eco-design initiatives.
Complete the Application Form: Fill out the application form with accurate information about your business and proposed projects.
Submit Your Application: Send your completed application along with the required documentation through the designated submission method on the program website.
Follow Up: After submission, monitor your application status. Check your email or the program website for any updates or requests for additional information.
Prepare for Potential Review: Be ready to provide further details or clarifications if the program administrators reach out for more information about your application.
Receive Funding Decision: Once your application is reviewed, you will be informed of the decision regarding your funding request.
