Grid Innovation Fund
Financial support for electricity conservation innovation in Ontario
At a glance
Eligible Funding
- Max. $2,000,000
- 75% of project cost
Timeline
- Open Date : June 01, 2022
- Closing date : July 01, 2022
Financing Type
Grant and Funding
Eligible Industries
- All industries
Grant Providers
- Independent Electricity System Operator
Status
Closed
Overview
Receive funding to cover eligible project costs of new technologies, practices, and services to help achieve electricity bill savings for Ontario ratepayers or that reduce the costs associated with maintaining reliable operation of the province’s energy g
Eligibility criteria
The Grid Innovation Fund (GIF) is open to both non-profit and for-profit incorporated entities. Individuals, including incorporated individuals and sole proprietorships, are not eligible to apply. Eligible applicants include local hydro companies, technology companies, consulting firms, industry associations, educational institutions, and public sector organizations. Projects centered on most forms of generation are not eligible for GIF funds. Additionally, projects related to the research, development, and demonstration of transmission, distribution, and electricity generation technologies like solar, wind, waterpower, and fossil fuels are also not eligible for funding.
Who is eligible
Local hydro companies
Technology companies
Consulting firms
Industry associations
Educational institutions
Public sector organizations
Who is not eligible
Local hydro companies
Technology companies
Consulting firms
Industry associations
Educational institutions
Public sector organizations
Eligible expenses
Eligible expenses for the Grid Innovation Fund grant include, but are not limited to:
- Technologies, practices, and services validation
- Identifying and mitigating market barriers
- Accelerating the adoption of competitive and cost-effective energy solutions
Eligible projects & activities
- Projects that enable customers to better manage their energy consumption
- Projects that reduce the costs associated with maintaining reliable operation of the province's grid
Evaluation & selection criteria
- Clear objectives of the project
- Validation of performance and business case of new technologies, practices, and services
- Identification and mitigation of market barriers
- Acceleration of adoption of competitive cost-effective energy solutions
How to apply
To apply for the Grid Innovation Fund grant, follow these steps:
1. Check the eligibility criteria to ensure your entity qualifies for funding.
2. Prepare a detailed project proposal outlining the objectives, expected outcomes, and budget.
3. Submit your application during a targeted call for projects or through an open call for submissions.
4. Await the review process by the Grid Innovation Fund team.
5. If selected, work closely with the Fund to implement and monitor the progress of your project.
If you have any questions, you can contact the Grid Innovation Fund via email.
Additional information
- The Grid Innovation Fund supports projects that validate the performance and business case of new technologies, practices, and services.
- The Fund also assists projects that identify and mitigate market barriers to accelerate the adoption of cost-effective energy solutions.
- The GIF funds projects that are no more than three years in length and covers a specified percentage of project costs based on the project type.
- Applicants should note that projects focused on most forms of generation are not eligible for GIF funds.
- Funding is not provided to individuals, incorporated individuals, or sole proprietorships except for waste energy recovery initiatives.
- Projects related to the research, development, and demonstration of transmission, distribution, and electricity generation technologies like solar, wind, waterpower, and fossil fuels are ineligible for funding from the GIF.
Apply to this program