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Technology funding call from SDTC

Sustainable Development Technology Canada (SDTC), a Government of Canada foundation that finances and supports the ...


Sustainable Development Technology Canada (SDTC), a Government of Canada foundation that finances and supports the development and demonstration of clean technologies, has announced it is accepting Statements of Interest (SOI) for its eleventh round of funding. The closing date for submissions is March 14, 2007.

SDTC encourages the submission of technology solutions designed to improve sustainability for all Canadian economic sectors including energy exploration and production, power generation, energy utilization, transportation, agriculture, forestry, and waste management. SDTC actively seeks applications for technology innovations that deliver clean water, clean soil, clean air, and a reduction in greenhouse gas emissions. Technologies that are designed to deal with more than one of these environmental issues simultaneously are encouraged.

SDTC also recently released the second in a series of SD Business Case Reports which identify priority investment areas in biofuels, hydrogen and cleaner conventional fuels. The SD Business Case Reports represent only some of SDTC’s areas of interest. Applicants are invited to submit technological solutions in all areas of sustainable development. To read the reports, please go to:

www.sdtc.ca/en/knowledge/business_case.htm

To date, SDTC has allocated $241 million to 109 clean technology projects. An additional $617 million has been leveraged from project consortia members, for a total portfolio value of $858 million. In recent years the venture capital market has increased its participation in this leveraged funding.

“Venture capitalists are paying close attention to the clean tech market, and companies that go through SDTC’s due-diligence and funding process are viewed as being well prepared to secure VC funding,” said Vicky Sharpe, President and CEO, SDTC. “In the first two quarters of 2006, 49 per cent of venture capital funding in Canada’s clean energy sector went to SDTC funded companies.”

The SOI is used for preliminary screening and is subject to a competitive review process by SDTC and a panel of independent experts. The applications are evaluated on the basis of fit with SDTC’s mandate, adherence to selection criteria, and to ensure they include necessary technology, marketing, and business capabilities.

Applicants presenting the most compelling technology projects will be invited back to submit a detailed, full proposal for consideration toward funding.

Applications for funding may be made through the online SOI application system, at

http://www.sdtc.ca/en/funding/advice/soi_application.htm

Prior to submitting an application, applicants are advised to read “Applications Advice” at:

http://www.sdtc.ca/en/funding/advice/index.htm

SDTC holds two rounds of funding each year, beginning with SOIs in January and August. The next call for SOIs will open August 22, 2007.

About SDTC

Sustainable Development Technology Canada is a foundation created by the Government of Canada that operates a $550 million fund, leveraged two to three times by project partners, to support the development and demonstration of clean technologies — solutions that address issues of clean air, greenhouse gases, clean water, and clean soil to deliver environmental, economic and health benefits to Canadians.

An arm’s length, not-for-profit corporation, SDTC fills the void in the innovation chain between research and commercialization — helping clean technology developers move through the development and demonstration phases, in preparation for commercialization.

SDTC encourages collaboration among private, financial, academic, public sector partners and with all levels of government to build a sustainable development infrastructure in Canada.

For more information, please contact Manager, Applications, Sustainable Development Technology Canada,
613-234-6313 ext. 232 or applications@sdtc.ca


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