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| March 2008 |
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| Sustainable Development Technology Canada Announces Latest Call for Clean Technology Funding Applications
Ottawa, Ontario, February 27, 2008 – Sustainable Development Technology Canada (SDTC) announced today that its SD Tech Fund™ is open for Statements of Interest (SOI) for its thirteenth round of funding. The closing date for submissions is April 23, 2008. SDTC is a not-for-profit corporation created by the Government of Canada to finance and support the late-stage development and pre-commercial demonstration of clean technologies. SDTC is actively seeking 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 of interest. Technologies that deal with clean water or clean soil are specifically encouraged. SDTC has released a series of SD Business Case™ reports which identify priority investment areas for renewable electricity generation, renewable fuels for both biofuel and hydrogen, cleaner conventional fuels in the oil and gas sector, as well as for eco-efficiency in commercial buildings. These reports are available in the Knowledge Centre section of the SDTC website at www.sdtc.ca. The SD Business Case™ reports represent only some of SDTC’s areas of interests – applicants are invited to submit technological solutions in all areas of sustainable development. “We believe Canada can be a leader in the growing clean technology market and we are strongly encouraging anyone with innovative technological solutions to apply to SDTC so they can move their ideas forward,” said Vicky J. Sharpe, President and CEO of SDTC. “SDTC’s work goes beyond funding. We help technology developers strengthen their entrepreneurial skills and establish connections with financers and other companies so they can pursue success in the marketplace after their projects are completed.” To date, SDTC has allocated $300 million to 133 clean technology projects. An additional $711M million has been leveraged from project consortia members, for a total portfolio value of $1.01 billion. 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 only be made through the online SOI application system. Prior to submitting an application, applicants are advised to read SDTC’s Application Advice and then contact an Applications Manager to ensure a good fit. Information about SDTC’s funding process, including the online application system and Application Advice, can be found in the Funding section at www.sdtc.ca. SDTC holds two rounds of funding each year. The next call for SOIs will open September 3, 2008. About SDTC SDTC is an arm’s-length foundation which has received $1.05 billion from the Government of Canada as part of its commitment to create a healthy environment and a high quality of life for all Canadians. SDTC operates two funds aimed at the development and demonstration of innovative technological solutions. The $550 million SD Tech Fund™ supports projects that address climate change, air quality, clean water, and clean soil. The $500 million NextGen Biofuels Fund™ supports the establishment of first-of-kind large demonstration-scale facilities for the production of next-generation renewable fuels. SDTC operates as a not-for-profit corporation and has been working with the public and private sector including industry, academia, non-governmental organizations (NGOs), the financial community and all levels of government to achieve this mandate. For more information, please contact: Media Relations: Application Process: |
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