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Climate Tech Fund

Climate-focused capital for Canadian technology firms

Record updated

Funding available
Varies by project
Deadline
Open continuously
Location
Canada
Who can apply
Canadian climate technology firms.
See full eligibility

Overview

The Climate Tech Fund is a $500 million BDC venture capital fund for Canadian climate technology firms. It backs late-stage seed to growth stage companies developing impactful technologies that materially reduce greenhouse gas emissions across energy, mobility, built environment, industry and resources, and carbon management.

At a glance

Funding available

Varies by project

Financing goals
No objectives are currently available

Eligible candidates

Location
  • Canada
Eligible Industries
All industries
Annual revenue
All revenue ranges
Organisation size
All organization sizes
Audience
All groups
Legal structures
For-profit business

Start applying for this program

Take a practical assessment to gain a clear understanding of how well this program aligns with your specific needs and long-term goals.

Availability timeline

2026
Periods: 1

Eligibility

Who is eligible?

  • Canadian climate technology firms.
  • Firms developing technology that materially mitigate greenhouse gas emissions.

Eligible geographic areas

  • Canada

Activities funded

  • Development of technologies that materially mitigate greenhouse gas emissions.

Additional information

  • BDC works in close partnership with portfolio companies.
  • The team provides advice and connections to government funding programs and private investors.

Official sources

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Frequently Asked Questions about the Climate Tech Fund Program

What is the Climate Tech Fund?

The Climate Tech Fund is a $500 million BDC venture capital fund for Canadian climate technology firms. It backs late-stage seed to growth stage companies developing impactful technologies that materially reduce greenhouse gas emissions across energy, mobility, built environment, industry and resources, and carbon management.

What is the deadline to apply?

The program is accepting continuous intake

Who is eligible for the Climate Tech Fund program?

To be eligible for the Climate Tech Fund program, you must: The applicant must be a Canadian climate technology firm. The company must be at late-stage seed to growth stage. The technology must materially reduce greenhouse gas emissions.

Who can I contact for more information about the Climate Tech Fund?

You can contact Business Development Bank of Canada (BDC).

Where is the Climate Tech Fund available?

The Climate Tech Fund program is available across Canada.

Is the Climate Tech Fund a grant, loan, or tax credit?

Climate Tech Fund is a Loans and Capital investments

Who are the financial supporters of the Climate Tech Fund?

Climate Tech Fund is funded by Business Development Bank of Canada (BDC)