Clean Tech Fund

May 17, 2023

In Canada Research & Development Reduce GHG Emissions Canada Technology
Clean Tech Fund

FUNDING OF UP TO $10,000,000 TO SUPPORT GHG reduction in Canada!

The Clean Tech Fund (CTF) aims to support high-potential clean technology companies by providing funding for development and demonstration projects to achieve market readiness or growth as well as expansion in the global market. 

Funding overview

  • SDTC funds on average 33% (up to 40%) of eligible project costs.
  • At least 25% of the eligible costs must be funded through private sector contributions (including in-kind).
  • At least 50% of eligible project costs must be incurred in Canada, allowing for out-of-country demonstration to test market potential.

Eligibility Requirements

  •  A Canadian company that will demonstrate strong Canadian benefits with a defined project.
  • A product or service that has the potential to deliver significant and quantifiable environmental benefits in the short-to-medium term resulting from commercial-scale deployment.
  • A novel technology that is supported by intellectual property owned by the company and a strategy to enable future growth.
  • A defined project supported by a business plan that accelerates growth and achieves profitability.
  • A potential customer or end use partner who can validate market need.

Eligible Activities

Eligible activities include the development and demonstration of promising clean technology projects from start-ups or scale-ups. 
Projects must demonstrate the potential for at least one of the following:
  • Greenhouse gas emissions reduction
  • Reduction in water consumption
  • Reduction of water, soil, or air contamination

ELIGIBLE Costs

Eligible costs for this program include:
  • Salaries and benefits, including administrative labour 
  • Professional and administrative fees related to obtaining and maintaining an Intellectual Property Right and drafting an Intellectual Property Strategy
  • Field testing services
  • Feasibility studies
  • License fees and permits
  • Supplies and equipment, including the costs to purchase, rent, fabricate and install supplies and equipment
  • Purchase, installation, repair, upgrade, testing and commissioning of equipment, materials and products, including diagnostic and testing tools and instruments
  • Furniture (pro-rated amount as applicable)
  • Laboratory and field supplies and materials
  • Reasonable travel and conference expenses
  • Printing and production services
  • Shipping costs
  • Utilities, waste removal, consumables
  • Data collection services
  • Communication and distribution costs
  • Translation costs
  • Project necessary capital items 
  • The depreciation expense of capital items during the Period of Funding

Deadline

Applications are accepted until all funding has been allocated.

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At GrantMatch, we acknowledge that our headquarters are situated on the Treaty Lands of the Mississaugas of the Credit First Nation, as well as the Traditional Territory of the Haudenosaunee, Huron-Wendat, and Anishinabek people. This land is covered by the “Dish With One Spoon” wampum agreement. We respectfully recognize that these lands’ original inhabitants and caretakers are First Nation and Métis people, and we are deeply grateful to be able to work on this land. As a remote team with employees across Turtle Island, also called North America, we would like to acknowledge the importance of the land that each of our team members calls home. GrantMatch actively encourages employees to learn about the history of the land on which they are situated and their local Indigenous peoples.