Applications Invited for Global Cleantech Challenge

Follow us@ngobox

About the Organization

NGIF Capital is a Canadian venture capital firm offering grant and equity financing for cleantech startups with solutions for the gaseous energy sector. NGIF Capital is unique as it brings Canada’s energy industry leadership to every investment taking startups and their ideas from concept to commercialization. NGIF Capital operates Industry Grants (the original Natural Gas Innovation Fund), the Emissions Testing Centre, and Cleantech Ventures.

About the Grant

NGIF Industry Grants, in collaboration with the International Gas Union, has launched a $10MM Global Cleantech Challenge

The Challenge is a funding call to energy startups from around the world with clean technology solutions to come to Canada to access grant funding, technology validation for product market fit, and future energy customers.

The Global Cleantech Challenge will allow NGIF Industry Grants to provide funding from its 14 energy company participants to support the development and demonstration of novel clean technologies from anywhere across the world. Each demonstration project undertaken in Canada is eligible to receive up to $1MM CAD, representing as much as 50% of a project's qualifying expenses.

NGIF Industry Grants is accepting applications from global small and medium enterprises (SMEs) and start-ups with solutions that can create value and mitigate environmental impacts in Canada's production, transmission, distribution, and end-use of natural gas.

Eligibility Criteria

The competition is open to Canadian as well as international small to medium-sized enterprises (SMEs), including technology development startups.

• Novel technologies that improves the environmental and economic performance for the gaseous energy industry.
• Technology Readiness Level (TRL) 6 or higher technologies. If achieving TRL 6 is imminent, late TRL 5 technologies will be considered.
• Canadian and international small and medium-sized enterprises (SMEs) that are non-subsidiary, and independent technology development firms that employ fewer than 500 employees.
• Canadian and international technology development startups that are non-subsidiary, independent technology development firms that employ fewer than 100 employees, generate less than CAD $25 million in annual revenues, and are focused on developing and scaling up pre-commercial technologies.

How to Apply

Apply here

Deadline 2: November 1, 2023, at 3:00 pm EDT

For more information please check the Link

Tags Environment and Sustainability Innovations and Technology Others