What Can the Green Industrial Facilities Program Fund?
The Green Industrial Facilities and Manufacturing Program (GIFMP) — Industrial Facility Track is designed to support Canadian industrial facilities in implementing energy efficiency and management solutions. Understanding what expenses this program can fund is crucial for organizations aiming to enhance their energy efficiency and sustainability practices.
Overview of Funding Scope
The GIFMP provides financial assistance for projects that significantly improve energy efficiency. Eligible facilities can receive up to 50% of project costs, with a maximum funding limit of $10 million per proposal. Indigenous and non-profit organizations may qualify for up to 100% funding. For full details on funding limits and calculations, visit the complete program guide.
Eligible Expenses
Eligible expenses under the GIFMP are diverse, focusing on activities that promote energy efficiency and management. Here are some categories that can be funded:
Energy Assessments and Audits: These help identify opportunities to reduce energy consumption and greenhouse gas emissions. They include comprehensive studies like Process Integration and Computational Fluid Dynamics.
Training for Energy Management Practitioners: Funding supports workforce development to ensure a skilled pool of energy managers.
Implementation of Energy Efficiency Measures: Costs related to upgrading machinery or processes to improve energy use efficiency are eligible.
Consulting Fees for Energy Management Solutions: Engaging experts to design and implement energy management systems.
For a detailed list of eligible costs, see the complete program guide.
Ineligible Expenses
While the program covers a wide range of expenses, certain costs are not eligible for funding. These typically include:
Regular operational costs not related to energy efficiency improvements
Costs incurred before the approval of the funding application
Expenses related to general maintenance or repair
Refer to the complete program guide for detailed exclusions.
Examples of Funded Projects
To illustrate, consider a manufacturing facility that undertakes an energy audit to identify inefficiencies. The facility might then implement high-efficiency motors and conduct workforce training, all of which could be funded under the GIFMP.
Conclusion
The Green Industrial Facilities Program offers substantial opportunities for industrial facilities to enhance their energy efficiency through funded projects. For a comprehensive understanding of eligible expenses and to maximize your funding potential, consult the complete program guide.
