Comments on Funding:
Funding is on average 33% (up to 40%) of eligible projects costs, with an average contribution of $3 million, disbursed in five years or less.
The funding is a non-repayable contribution.
25% of the eligible costs must be funded through private sector contributions (including in-kind).
Funding from all levels of government must not surpass 75% of eligible costs.At least 50% of eligible project costs must be incurred in Canada.
The SDTC Project Review Committee will review the project. All recommended projects are presented to the SDTC Board of Directors for approval. If the project is approved, SDTC will work with the applicant to prepare a Contribution Agreement (contract) to advance the project
Other Things to Note:
They are on continuous intake with five approval rounds a year.