CCEMC And SDTC Offer $40 Million In Funding For New Low Carbon Technologies
- Published: Friday, 04 March 2016
- Author: Daily News
The Climate Change and Emissions Management Corporation (CCEMC) and Sustainable Development Technology Canada (SDTC) are offering up to $40 million to Canadian innovators producing energy efficiency and conservation, new and better uses of carbon dioxide, methane reduction, or cleaner energy production and usage projects.
CCEMC and SDTC have had great success together funding these types of projects in the past and this is the first time the two organizations are offering an opportunity to access funding from both through a single application process.
Their joint process offers applicants a streamlined, harmonized model with one window for access to two pools of money. Collectively, there is $40 million available, with a maximum of $10 million per project. The matching funds available here (up to 66.7 per cent) are more than applicants could get through either the SDTC or CCEMC processes individually.
Eligible Projects:
- Advancing pre-commercial technology for GHG reduction with a current Technology Readiness Level from 4-7, and includes prototype development, field pilots and commercial demonstration projects.
- Led by applicants incorporated and operating in Canada with fewer than 500 employees and less than $50 million in annual gross revenue.
- Have a maximum project length of four years.
- Can demonstrate anywhere in Canada but technology must be applicable and well suited for deployment in Alberta.
- Meet a consortium requirement of applicant and at least one contractual non-related partner in the project. A consortium partner must provide cash and/or in-kind contributions.
Deadline for submission is Wednesday, April 13, at 8:00 PM EDT. To review guidelines and apply visit www.CCEMC-SDTC.ca. Questions? Email to: [email protected]
-NTM-
