How much funding does SDTC provide?
Up to 33% of eligible projects costs
Average SDTC contribution is $2-4 million, funds disbursed over the life of the project up to a five-year period
Private sector contribution must be at least 25% of the eligible project costs
Funding from all government entities must not surpass 75% of eligible project costs
At least 50% of eligible project costs must be incurred in Canada
SDTC’s mandate is to fund projects that support Canadian small and medium size enterprises advancing innovative technologies that are pre-commercial and have the potential to demonstrate significant and quantifiable environmental and economic benefits in one or more of the following areas: climate change, clean air, clean water and clean soil.
We do this by providing non-repayable contributions. To be eligible to apply for funding, applicants must:
Be a Canadian company developing a new and novel technology with significant and quantifiable environmental benefits that will provide a significant retained Canadian benefit following execution of the project.
Have a defined project and be looking to demonstrate a pre-commercial technology
Have a strong end user value proposition and be able to validate the market and commercialization potential of the technology
Form a consortium that includes at least one other partner (recommended that applicants seek partners who are either end users or able to validate the need and market for the technology)
SDTC has a competitive application process – submission of an application does not guarantee that a project will be chosen for funding. All final funding decisions are subject to approval by SDTC’s Board of Directors.
The following criteria and questions are used to evaluate projects:
How is the environmental performance of the proposed technology better than existing technologies?
What are the quantifiable environmental benefits that would result from commercial-scale deployment in Canada and globally?
Strength of technology innovation
What is the scientific basis for the technology?
How is the technology better than existing technologies and emerging competitors?
What is the strength of the applicant’s intellectual property (IP)?
What is the applicant’s IP strategy to maintain a competitive advantage?
Technology Readiness Level (TRL)
Is the technology beyond proof of concept but pre-commercial (TRL 3-7)?
How will the proposed project advance the technology towards commercialization?
What management and technical capabilities does the applicant have in order to advance and commercialize the technology?
Business plan and path to market
What is the value proposition that will drive customers to adopt the technology?
What is the business plan to support commercialization?
Who are the committed partners on the project who will validate the market need?
What is the potential addressable market size for the product?
What funding commitments have been secured to date?
What is the level of interest in the technology from other investors and funders?
What types of funding requests are not considered by SDTC?
Project financing for deployment of commercialized technologies (e.g. solar/wind farms, greenhouse construction)
Buying a proven technology from another jurisdiction for use in Canada
Incremental modifications to existing technologies or processes (e.g. installation of an existing solar panel technology at an industrial site)
One-off projects to reduce emissions at a specific site
Projects that demonstrate economic benefits without environmental benefits