Bioindustrial Innovation Canada
Canada
Strategic investment, advice and services for sustainable technologies
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|openingDateJuly 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
There are projects and activities eligible for this grant:
- Investing in emerging companies commercializing sustainable technologies
- Reducing CO2 emissions through supported companies
- Creating jobs through investments in early-stage companies
grant_single|admissibleProjectsExample
$90,000
Halifax
Creating a recycling and waste management service for SMEs
$130,000
Montreal
Establishing a community solar power initiative
$100,000
Vancouver
Investing in a startup to develop biodegradable packaging solutions
$200,000
Ottawa
Reducing CO2 emissions by establishing a green transportation network
$50,000
Calgary
Creating a job training program to support sustainable agriculture
$120,000
Toronto
Supporting an SME to develop renewable energy solutions
grant_single_labels|admissibility
grant_eligibility_criteria|who_can_apply
Companies eligible for this grant are those developing clean, green, and sustainable technologies. They must be working towards transitioning to a sustainable, net-zero carbon economy. Eligible companies include:
- Startups focusing on clean energy solutions
- Companies working on environmentally friendly manufacturing processes
- Businesses developing sustainable materials
- Enterprises promoting green transportation options
grant_eligibility_criteria|eligible_expenses
There are eligible expenses for this grant. Companies can use the grant for the following purposes:
- Project funding for clean, green, and sustainable technologies
- Investment in early-stage companies creating jobs and economic value sustainably
- Supporting SMEs across Canada with critical advice and services
grant_eligibility_criteria|zone
Eligible geographic areas for this grant include:
- Canada
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|register
- Step 1: Review the grant eligibility criteria and guidelines
- Content: Familiarize yourself with the specific requirements and objectives of the grant
- Implications: Ensure your project aligns with the focus areas and goals of the grant
- Step 2: Prepare a detailed project proposal
- Content: Develop a comprehensive proposal outlining your project, its significance, and expected outcomes
- Implications: Clearly articulate how your project contributes to the grant's objectives and sustainability goals
- Step 3: Submit your application
- Content: Follow the grant application instructions and provide all required documentation
- Implications: Ensure all necessary information is accurately submitted within the specified deadline
- Step 4: Await review and notification
- Content: Wait for the grant review process to assess your application
- Implications: Be prepared for potential follow-up questions or requests for additional information
Apply to this program
Grant Summary:
Since 2008, Bioindustrial Innovation Canada has been supporting emerging companies in commercializing clean and sustainable technologies to drive Canada towards a net-zero carbon economy. They have successfully reduced CO2 emissions, attracted significant third-party investments, and created numerous jobs in the process.
Grant Overview:
Established in 2008, Bioindustrial Innovation Canada (BIC) plays a pivotal role in promoting the development and commercialization of clean, green, and sustainable technologies to enhance Canada's environmental sustainability and economic growth. The organization provides strategic investments, guidance, and essential services to empower business developers in advancing innovative solutions that contribute to building a stronger and more sustainable future for Canada.
One of the primary objectives of BIC is to support emerging companies that are actively involved in commercializing technologies that facilitate the transition to a sustainable, net-zero carbon economy. Through their strategic investments and tailored support, BIC has made significant strides in reducing carbon emissions, enhancing environmental stewardship, and fostering economic prosperity.
BIC-supported companies have made remarkable achievements in reducing CO2 emissions, with 1 Mt (metric ton) documented to date. By leveraging substantial third-party investments amounting to millions of dollars for early-stage companies, BIC has not only facilitated the growth and development of these businesses but also catalyzed innovation in sustainable technologies across various sectors.
In addition to reducing greenhouse gas emissions, BIC-supported companies have played a vital role in job creation, having generated a substantial number of employment opportunities in the clean technology sector. By investing in and supporting early-stage companies, BIC has contributed to the creation of sustainable jobs, driving economic value and fostering innovation within Canada's burgeoning clean technology industry.
Through their commitment to supporting small and medium-sized enterprises (SMEs) across Canada, BIC provides essential support, project funding, valuable advice, and crucial services to help these businesses thrive and succeed in commercializing their innovative technologies. By partnering with entrepreneurs, innovators, and business leaders, BIC continues to drive positive environmental impact, economic growth, and sustainable development within the Canadian business ecosystem.
Recently, BIC celebrated the successful partnership between the Cold Plasma Group and a European GOC-NEXUS Company for the commercial implementation of eco-friendly sterilization technology. This collaboration underscores BIC's commitment to fostering international partnerships, driving innovation, and advancing sustainable solutions that have a positive impact on both the environment and society.
