Canada advances Mission Innovation goal with Clean Energy Innovation Program
August 19, 2016 - The Government of Canada is seeking project proposals for its $25-million Clean Energy Innovation Program, which it says will bring energy technologies “closer to commercialization” and wide-adoption potential.
By Renée Francoeur
The program will pay up to 50% of total project costs for demonstrations projects and front end engineering design studies (FEED) and up to 75% for research and development projects.
The government notes this initiative also helps Canada meet its Mission Innovation goal to double its 2014-2015 funding of $387 million for clean energy and clean technology research and development to $775 million by 2020. Under Mission Innovation, Canada stands with 20 governments and the European Commission, which agreed to double their respective investments in transformative, clean energy research and development over five years, encourage private sector investment in clean energy technology and increase collaboration among participating countries.
“We know the important role clean technology will play in our transition to a lower carbon economy,” said Canada’s Minister of Natural Resources Jim Carr, who made the program announcement recently. “Through Mission Innovation, we’re making important investments to help our entrepreneurs research, develop and demonstrate the use of clean energy technologies.”
Applicants can submit an information form HERE.
Proposals are due October 31, 2016.