Ontario launches the Low Carbon Innovation Fund to reduce greenhouse gas emissions

0
1462

In Canada, Ontario is helping researchers, entrepreneurs and companies create and commercialize new, globally competitive, low-carbon technologies to reduce provincial greenhouse gas emissions. The Low Carbon Innovation Fund will support emerging technologies in areas such as alternative energy generation and conservation, new biofuels or bioproducts, next-generation transportation or novel carbon capture and usage technologies. Successful technologies will need to show significant potential to reduce greenhouse gas emissions in Ontario.

The Technology Demonstration stream will support the development and commercialization of innovative low carbon technologies through testing in real-world settings. Self-assessments and Expressions of Interest for the Technology Demonstration stream are due September 22, 2017.

The Technology Validation stream will fund proof of concept or prototype projects from eligible Ontario companies or academic organizations. This earlier-stage funding is expected to seed game-changing technologies and help them get to market faster. Applications for the Technology Validation stream will open in fall 2017.