Sustainable Development Technology Canada (SDTC) – Clean Tech Fund (2022)
Description:
SDTC provides funding to promising clean technology development and demonstration projects that are start-ups or scale-ups. For instance, when the technology itself is beyond proof-of-concept but is pre-commercial. The technology must demonstrate the potential for GHG emissions reductions, reductions in water consumption and/or the reduction of water, soil or air contamination. The project must include some further development of the technology, mitigate existing technology risk and include validation of the economic viability of the technology.
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.
Eligibility:
Applicant must:
Applications Steps:
Applicants must:
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.
When It Ends:
Ongoing
Deadline:
Rolling Deadline