Bioindustrial Innovation Canada
grant_single|update January 24, 2025
Canada
Strategic investment, advice and services for sustainable technologies
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDate July 21, 2023
grant_single|financingType
Expert Advice
grant_single|eligibleIndustries
- Manufacturing
- Professional, scientific and technical services
grant_single|grantors
- Bioindustrial Innovation Canada (BIC)
grant_single|status
grant_card_status|open
grant_single_labels|preview
Access critical strategic investment, advice and services to develop clean, green and sustainable technologies with the help of a network of sustainable chemistry clusters across Canada.
grant_single_labels|projects
This grant focuses on supporting the commercialization of clean, green, and sustainable technologies in Canada. The eligible projects aim to facilitate the transition to a net-zero carbon economy by investing in emerging companies and SMEs.
- Commercialization of technologies that reduce CO2 emissions.
- Development of eco-friendly and sustainable industrial processes.
- Implementation of innovative solutions that support a sustainable economy.
- Partnerships for the commercial application of green technologies.
- Investments in early-stage companies focused on sustainability.
grant_single|admissibleProjectsExample
$ 90,000
Creating a recycling and waste management service for SMEs
$ 130,000
Establishing a community solar power initiative
$ 100,000
Investing in a startup to develop biodegradable packaging solutions
$ 200,000
Reducing CO2 emissions by establishing a green transportation network
$ 50,000
Creating a job training program to support sustainable agriculture
$ 120,000
Supporting an SME to develop renewable energy solutions
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the applicant's activities in sustainable technology development.
- The company must be engaged in the development of clean, green, and sustainable technologies.
- The company must demonstrate the potential to contribute to a net-zero carbon economy.
- The applicant should be involved in projects that reduce CO2 emissions or create sustainable economic value.
grant_eligibility_criteria|who_can_apply
The grant provided by Bioindustrial Innovation Canada targets emerging companies that are commercializing clean, green, and sustainable technologies to aid Canada's transition towards a sustainable, net-zero carbon economy.
- Companies involved in the development and commercialization of technologies that reduce CO2 emissions.
- Businesses interested in receiving strategic investments to facilitate technology commercialization.
- Enterprises seeking third-party investment to grow early-stage, eco-friendly projects.
- Small and medium enterprises (SMEs) across Canada focusing on sustainable development and innovation.
grant_eligibility_criteria|eligible_expenses
Projects eligible for this grant are expected to focus on the commercialization of clean, green, and sustainable technologies. These activities align with the transition towards a net-zero carbon economy and aim to create jobs while reducing carbon emissions.
- Commercialization of sustainable technologies that reduce CO2 emissions.
- Initiatives that support the transition to a net-zero carbon economy.
- Development of environmentally friendly technological solutions.
- Projects that foster job creation in clean technology sectors.
grant_eligibility_criteria|zone
This grant supports companies that are positioned to contribute to Canada's sustainable economy goals. Eligible geographical areas are not explicitly mentioned, thus companies across Canada have the potential to benefit.
- Entities operating within Canada likely qualify.
grant_single_labels|criteria
There are evaluation and selection criteria for this grant. The criteria include:
- Impact on reducing CO2 emissions
- Creation of jobs in early-stage companies
- Amount of leveraged third-party investment
- Alignment with sustainable and net-zero carbon economy goals
grant_single_labels|apply
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grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- BIC has supported companies that have successfully reduced CO2 emissions by 1 million tonnes documented to date.
- BIC has leveraged $528,932 million in third-party investment to support early-stage companies.
- Over $355 million has been invested by BIC in early-stage companies.
- BIC actively assists SMEs in Canada with strategic investment and advisory services.
Apply to this program
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