$23.3M in government funding flowed to the cleantech sector in July and August
Take advantage of government funding to fuel your future business goals
Canadian businesses and organizations in the cleantech sector secured $23.3M in government grants, contributions and incentives from federal and provincial programs in July and August 2018, according to new data from Fundingportal, a leading funding services and solutions provider.
Top Recipients Include:
- Clearstone Engineering Ltd. In Calgary receives $1.6M from Natural Resources Canada’s Energy Innovation Program to research ways to detect, quantify and reduce volatile organic compounds (VOC) and methane emissions (Source).
- Éocycle Technologies Inc. in Montreal receives $1.5M from the Quebec Economic Development Program (QEDP) to develop an improved wind turbine (Source).
- Ostara Nutrient Recovery Technologies Inc. in Vancouver receives $321.9k from the Great Lakes Protection Initiative to implement and test a technology to recover phosphorus from wastewater and convert it to fertilizer (Source).
How to Find Government Funding for Your Business?
- Define Your Objectives: Determine which of your upcoming projects could attract government funding. These typically focus on expansion, export, job creation and training, innovation, and technology adoption.
- Try an Aggregator: Visit websites like Fundingportal.com, which aggregate thousands of federal, provincial, and municipal programs across Canada. You can also visit government websites to supplement your research.
- Eligibility: Once your shortlist of programs is ready, double-check the eligibility criteria for each before applying. Funders report that around 80% of applications they receive are ultimately rejected for non-compliance, so make sure you meet all of the program’s requirements before you apply.