SDTC — Seed Funding
To apply for the SDTC Seed Funding Grant, eligible applicants must meet particular criteria. While the specific evaluation and selection criteria with point scores are not provided in the given context, we know that eligible applicants must be Canadian-owned companies operating within Canada, offer a technological innovation addressing an environmental issue, and deliver scalable environmental benefits. Furthermore, they need to secure a nomination from one of the partner accelerators and have raised at least 200% of the requested funding amount from private equity investors in the past 12 months.
Overview
The SDTC Seed Funding program provides a non-repayable contribution of $50,000 to $100,000 to early-stage Canadian entrepreneurs developing innovative technologies with significant environmental benefits. To be eligible, companies must be Canadian-owned, have a scalable innovation that addresses a major environmental problem, and be nominated by an approved accelerator partner.
At a glance
Funding available
- Increase performance through digital transformation
- Develop a new product or service
- Conduct research and development activities
- Maximum amount : 100,000 $
- Minimum amount : 50,000 $
Eligible candidates
- All industries
- Canada
- All legal structures
- All revenue ranges
- All organization sizes
- Startups
Next Steps
Activities funded
SDTC Seed Funding focuses on supporting early-stage sustainability entrepreneurs in Canada. The projects eligible for this funding must demonstrate significant environmental benefits through innovative technology.
- Projects developing new technologies targeting substantial environmental problems.
- Initiatives delivering scalable environmental benefits through technological innovation.
Official resources
Eligibility
Who is eligible?
To apply for the SDTC Seed Funding Grant, eligible applicants must meet particular criteria. While the specific evaluation and selection criteria with point scores are not provided in the given context, we know that eligible applicants must be Canadian-owned companies operating within Canada, offer a technological innovation addressing an environmental issue, and deliver scalable environmental benefits. Furthermore, they need to secure a nomination from one of the partner accelerators and have raised at least 200% of the requested funding amount from private equity investors in the past 12 months.Eligible expenses
This grant focuses on innovative technological projects with environmental benefits that are eligible for funding. It involves activities that introduce new sustainable technologies and address significant environmental challenges.
- Introduction of innovative technology that addresses a significant environmental problem.
- Projects that offer significant and scalable environmental benefits.
- Development and expansion of new products or services in the sustainability sector.
Eligible geographic areas
This grant is available to Canadian companies and is facilitated through partnerships with regional accelerators. The eligible locations span all major regions of Canada as designated by partnered accelerator groups.
- National (including partners like Creative Destruction Lab)
- Atlantic Canada
- Quebec
- Ontario
- Prairies
- British Columbia
Selection criteria
Yes, there are evaluation and selection criteria for this grant.
- Your company must be Canadian-owned and operate in Canada.
- You must have an idea that introduces a new product or service, or expands on an existing innovation in market.
- Your innovation must deliver significant and scalable environmental benefits.
- You must have an entrepreneurial team with the skills to take the idea to the next level.
- You must be nominated by one of SDTC's partner accelerators.
- Your project must have raised at least twice the amount requested as funding from SDTC, from private equity funding (without recourse) in the last 12 months.
How to apply
- Step 1: Determine Eligibility
- Review the SDTC Seed Funding Application Guide to understand eligibility requirements.
- Ensure your company is Canadian-owned and operates in Canada.
- Verify your innovation has significant environmental benefits.
- Step 2: Contact a Partner Accelerator
- Identify a suitable accelerator from the list provided by SDTC.
- Reach out to the accelerator to discuss your project and seek nomination.
- Step 3: Obtain Nomination
- Work with the chosen accelerator to secure a nomination for the SDTC seed funding.
- Demonstrate your project's potential and readiness for funding.
- Step 4: Secure Private Equity Matching
- Ensure you've raised at least twice the funding amount requested from SDTC via private equity in the past 12 months.
- Step 5: Prepare Application
- Compile necessary documentation including project details, financial information, and proof of private equity funding.
- Step 6: Submit Application
- Follow the instructions provided in the application guide for submitting your application.
- Ensure all required documentation is complete and accurate.
- Step 7: Confirmation and Follow-Up
- Await confirmation of application receipt from SDTC.
- Contact SDTC for any post-submission queries or updates.
Additional information
SDTC's Seed Funding provides a one-time non-repayable contribution of $50,000 to $100,000 for innovative technological projects with environmental benefits. Projects must be nominated by a partner accelerator and have raised private equity funding equal to at least twice the requested amount within the last 12 months.
- SDTC partners with approved Canadian incubators and accelerators to identify entrepreneurs.
- Applicants must operate a Canadian-owned company.
- The innovation should address a significant environmental problem and provide scalable environmental benefits.
- A comprehensive Seed Funding Application Guide is available for eligibility details and process guidance.