Low Carbon Innovation fund - Technology Validation stream
The Low Carbon Innovation Fund is a fund to help researchers, entrepreneurs and companies create and commercialize new, globally competitive, low-carbon technologies that will help Ontario meet its GHG emissions reductions targets. The Low Carbon Innovation Fund is part of Ontario's Climate Change Action Plan and is funded by proceeds from the province's carbon market.
The Technology Validation stream will provide up to 75% of a project’s expenses to eligible Ontario companies (per project), and up to 95% to eligible academic organizations (per project) to fund proof-of-concept and prototyping projects. The maximum contribution from the Province is $5 million. The Applicant and/or its partners must provide the remainder of the funding.
For 2017-2018, to be considered for a Technology Validation Stream grant,
Applicants must:
• Complete an online Eligibility Assessment (EA) to confirm their eligibility
and readiness for the LCIF program for Ministry review;
• If approved for eligibility by the Ministry, submit a Technology Validation
Stream Business Case through the online system.
Potential applicants must submit an Eligibility Assessment and will be notified by ministry staff if they are eligible to submit a Business Case.
The Technology Validation Stream will allow for eligibility assessments to be submitted beginning on November 15th with a submission deadline of December 10th at 11:59 PM. Ministry staff will endeavour to provide a response to within 3 Business Days. The EA instructions include a link to a PDF version of the Business Case inputs to enable applicants to work offline on the Business Case in advance of having online access as of December 14, 2017. On December 14, eligible applicants will be sent a link to complete the Business Case submission through the online portal.
The Technology Validation Business Case submission deadline is January 7th at 11:59 PM.
For more information: https://www.ontario.ca/page/low-carbon-innovation-fund
