Funding, Grants and Incentives for Projects in the Bioeconomy: Program Name
Program Description
Funding Details
Contact Information
ecoAgriculture Biofuels Capital Initiative (ecoABC)
Provides repayable contributions for the construction or expansion of transportation biofuel production facilities.
Repayable contribution towards an individual project of up to $25 million or 25% of eligible project costs, whichever is less.
877-246-4682
Agriculture and Agri- Food Canada
Scientific Research Experimental Development Tax Incentive Program (SR&ED) Canada Revenue Agency
Centre for Research and Innovation in the Bio-Economy (CRIBE)
Eligible applicants: corporations, individuals and partnerships using agricultural feedstock to produce biofuel. Encourages Canadian businesses of all sizes and in all sectors to conduct research and development in Canada that will lead to new, improved, or technologically advanced products or processes. In general, work that qualifies includes experimental development, basic research, applied research and support work.
Investments are expected to commercialize forest biomass material and create wealth. This could include incorporating existing market-ready biobased materials, chemicals, fuels or processes into Ontario-made products, concepts or processes. Commercialization must be illustrated through product sales or buyer commitment at the end of the project.
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[email protected] http://www4.agr.gc.ca/ AAFC-AAC/displayafficher.do?id=12955495 00949&lang=eng
Canadian-controlled private corporations (CCPC) can earn an investment tax credit (ITC) of 35% up to the first $3 million of qualified expenditures carried out in Canada, and 20% on any excess amount. Other Canadian corporations, proprietorships, partnerships, and trusts can earn an ITC of 20% for qualified expenditures carried out in Canada. Requested funding should be in the range of $150,000 to $1 million. Exceptional projects may be eligible to receive a higher amount.
800-959-5525 http://craarc.gc.ca/txcrdt/sredrsde/menu-eng.html
807-474-2028 http://www.cribe.ca/progra m-requirements
Program Name
Program Description
Funding Details
Contact Information
Technology Development Program
Provides financial support to encourage research and innovation organizations, the private sector, post-secondary institutions and not-for-profit organizations to work together to accelerate the development of large-scale, advanced technologies that will result in new market opportunities for southern Ontario businesses.
Non-repayable contributions for up to 50% of direct eligible costs incurred by recipients for eligible project activities. The remaining 50% of direct costs must be provided by the private sector or other non-governmental sources.
866-593-5505
Repayable and nonrepayable contributions of up to 33% of eligible capital costs and up to 50% of eligible non-capital costs. Eligible applicants are expected to contribute a minimum of 10% of project costs.
877-333-6673
FedDev Ontario
Northern Ontario Development Fund Innovation FedNor
Eligible applicants: Established not-for-profit organizations or post-secondary institutions located in southern Ontario. Recipients must be working with at least one private sector entity to develop market-driven, large-scale advanced technology projects. Supports communities and businesses to become more innovative, productive and competitive through the adoption, adaptation and commercialization of new technologies, fostering technology linkages between business and institutions, advancing technological research and development, and promoting community innovation initiatives. Eligible applicants: not-for-profit organizations, such as community economic development, Aboriginal and Francophone organizations, industry and business associations, networks, post-secondary institutions, research centres or alliances; municipalities, municipal organizations and First Nations in northern Ontario; SMEs with fewer than 500 employees in northern Ontario.
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http://www.feddevontario.g c.ca/eic/site/723.nsf/eng/h_ 00332.html
http://www.ic.gc.ca/eic/site /fednorfednor.nsf/eng/fn03444.html
Program Name
Program Description
Funding Details
Contact Information
Northern Ontario Development Fund Community Economic Development
Supports communities’ efforts to plan and mobilize their resources, enhance business growth, and exploit new opportunities for economic development and diversification.
1-877-333-6673
FedNor
Eligible applicants: not-for-profit organizations such as Aboriginal and Francophone organizations, industry and business associations, networks or alliances; municipalities, municipal organizations and First Nations in northern Ontario. Supporting community and industry stakeholders to invest in projects that improve productivity, reach new markets, facilitate access to capital, foster investment, encourage entrepreneurship and cultivate industry collaboration.
Repayable and nonrepayable contributions, up to 33% of eligible capital costs and up to 50% of project costs. Eligible applicants are expected to contribute a minimum of 10% of project costs.
Repayable and nonrepayable contributions, up to 33% of eligible capital costs and up to 50% of project costs. Eligible applicants are expected to contribute a minimum of 10% of project costs.
1-877-333-6673
Northern Ontario Development Fund Business Growth and Competitiveness FedNor
Eligible applicants: not-for-profit organizations, such as community economic development, Aboriginal and Francophone organizations, industry and business associations, networks, post-secondary institutions, research centres or alliances; municipalities, municipal organizations and First Nations in northern Ontario; SMEs with fewer than 500 employees in northern Ontario seeking youth internships.
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http://www.ic.gc.ca/eic/site /fednorfednor.nsf/eng/fn03440.html
http://www.ic.gc.ca/eic/site /fednorfednor.nsf/eng/fn03442.html
Program Name
Program Description
Funding Details
Contact Information
Green Infrastructure Fund
This fund focuses on green priorities such as green energy generation and transmission infrastructure, building and upgrading wastewater treatment systems, and improving solid waste management.
Funding will be allocated based on merit to support green infrastructure projects on a cost-share basis.
877-250-7154
Eligible costs to be discussed with an IRAP advisor.
1-877-994-4727
Infrastructure Canada
Industrial Research Assistance Program National Research Council
Eligible applicants: provinces or territories, local or regional governments; and other public sector bodies, non-profit organizations and private companies, either alone or in partnership with a province, territory or government. Provides financial support to qualified SME’s to help them develop technologies for competitive advantage. Eligible applicants: SME’s in Canada that are incorporated and profit-oriented.
ecoEnergy for Biofuels Natural Resources Canada
Supports the production of renewable alternatives to gasoline and diesel and encourages the development of a competitive domestic industry for renewable fuels. It provides operating incentives to producers of renewable alternatives to gasoline and diesel based on production levels and market conditions. It makes investment in production facilities more attractive by partially offsetting the risk associated with fluctuating feedstock and fuel prices.
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Financial incentives are provided for the number of litres produced in Canada and sold, based on fixed declining incentive rates established by the program and as agreed upon in each Contribution Agreement.
http://www.infrastructure.gc. ca/prog/gif-fiv-eng.html
[email protected] http://www.nrccnrc.gc.ca/eng/services /irap/financialassistance.html 613-943-1481 http://oee.nrcan.gc.ca/trans portation/alternativefuels/programs/ecoenergybiofuels/biofuels-intro.cfm
Program Name
Program Description
Funding Details
Contact Information
Ontario Emerging Technology Fund
$250 million direct investment that co-invests alongside Qualified Investors into innovative, high-growth, private, Ontario companies in three key sectors: • Clean technologies • Life sciences and • Advanced health technologies • Digital Joint initiative between the Government of Ontario and leading institutional investors to invest primarily in Ontario-based and Ontario-focused venture capital and growth equity funds that support innovative, high growth companies. Ontario has committed $90 million to the fund, with the balance coming from partner institutions. Provides funds for exploration of new markets and uses for bio-products, alternative renewable fuels and their coproducts and contributes to the long-term sustainability of Ontario's agri-food, energy and rural sectors.
OCGC initial investment in an investment company is a maximum of $5 million and does not exceed $25 million over the lifetime of the investment.
1-877-422-5818 416-325-6874
Ontario Capital Growth Corporation
Ontario Venture Capital Fund
Ontario Capital Growth Corporation
Ontario's Alternative Renewable Fuels 'Plus' Research and Development Fund Ontario Ministry of Agriculture, Food & Rural Affairs
Eligible applicants: universities, research institutes, industry, governments, organizations or partnership networks.
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OVCF is structured as a "fund of funds" with the primary objective of generating attractive returns for its investors. The OVCF is managed by Northleaf Capital. Grants up to $200,000 per project may be available for the entire project duration.
[email protected] http://www.ocgc.gov.on.ca/ site/en/funds/ontarioemerging-technologies-fund/ 877-422-5818
[email protected] http://www.ocgc.gov.on.ca/ site/en/funds/ontarioventure-capital-fund/
888-466-2372 x 64554
[email protected] http://www.omafra.gov.on.c a/english/research/arfuels/in dex.html
Program Name
Program Description
Funding Details
Contact Information
Ontario Ministry of Agriculture, Food and Rural Affairs and University of Guelph Research Agreement
Funds research under seven theme areas: bioeconomy, industrial uses, environmental sustainability, production systems, agricultural and rural policy, product development and enhancement through value chain and emergency management.
Grant amount varies but may cover up to $150,000 per project per year.
519-826-3827
Ontario Ministry of Agriculture, Food & Rural Affairs
Eastern Ontario Development Fund Ontario Ministry of Economic Development and Trade
Strategic Jobs and Investment Fund Ontario Ministry of Economic Development and Trade
Eligible applicants: other universities, corporations, research institutes, governments, and rural organizations that partner with the University of Guelph (principal researcher must be from the University of Guelph). Helps businesses create new jobs and invest in new technologies (e.g. green technologies), equipment or skills training for workers. The goal is to attract or retain investment in Eastern Ontario. A company should currently employ at least 10 people (FTEs). Businesses that invest $500,000 or more in qualified projects that create at least 10 jobs over five years are eligible. SJIF should be of interest to innovative companies that make anchor investments in Ontario that support cluster development and leading-edge initiatives that build longterm prosperity and global competitiveness. This program focuses on four priority sectors: • Clean/Green Technologies; • Financial Services; • Information and Communication Technology • Life Sciences
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[email protected] http://www.uoguelph.ca/res earch/omafra
Individual businesses can receive up to 15 per cent of total expenditures to a maximum grant of $1.5 million per approved project.
1-866-909-9951
Investments or expansions must meet the project minimum threshold of $10M of eligible costs or create 50 new high-value jobs. Projects must meet the project thresholds within five years. SJIF proposals will need to exhibit an innovation component and be within one of the four priority sectors.
866-668-4249
[email protected] http://www.ontariocanada.c om/ontcan/1medt/econdev /en/ed_eodf_main_en.jsp
[email protected] http://www.ontariocanada.c om/ontcan/1medt/econdev /en/ed_sjif_main_en.jsp
Program Name
Program Description
Funding Details
Contact Information
Northern Energy Program
This program helps eligible northern organizations and businesses invest in clean, renewable energy generation projects in Northern Ontario. Provides funding assistance to organizations and businesses for renewable energy planning where a partnership has been established with municipalities and/or First Nations. Projects to establish energy generation projects in Northern Ontario may be led by businesses or not-for-profit organizations. Projects associated with the Feed-in-Tariff Program are not eligible. Helps both the private and public sectors develop exciting and viable new technologies including biotechnology and life science. Value-added projects should contribute to future northern prosperity.
For renewable energy planning, the maximum contribution will not exceed 50% of eligible project costs up to a maximum of $100,000.
800-461-8329
Northern Ontario Heritage Fund Corporation - Ontario Ministry of Northern Development & Mines
Emerging Technology Program Northern Ontario Heritage Fund Corporation - Ontario Ministry of Northern Development & Mines
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For energy generation projects, maximum contribution will not exceed 50% of eligible project costs up to a maximum of $250,000. For private sector projects, maximum investment will generally not exceed 50% of eligible project costs. Non-repayable contributions of up to $100,000 may be provided on a cost-shared basis for research and precompetitive development technical projects. Contributions of up to $1 million or up to 50% of eligible project costs, whichever is less, may be provided to capital projects. Up to half of the funding may be in the form of a conditional grant with the remainder in the form of a repayable loan.
[email protected] http://www.mndm.gov.on.c a/nohfc/programs/northern_ energy_e.asp
1-800-461-8329
[email protected] http://www.mndm.gov.on.c a/nohfc/programs/emerging _technology_e.asp
Program Name
Program Description
Funding Details
Contact Information
Enterprise North Job Creation Program
Will provide financial assistance to the private sector to help bring jobs and economic prosperity to the North.
Up to one half of the funding may be in the form of a conditional grant with the remainder in the form of repayable loan. Projects will normally receive funding based on the number of full time equivalent jobs created in Northern Ontario. The maximum contribution to any one project generally will not exceed 50% of eligible capital costs up to $1 million. Financial support covers up to 50% of eligible costs. Potential funding available ranges from $100,000 to a maximum of $4 million per approved project.
800-461-8329
Funding available under ONE research and commercialization program varies
www.oneinnovation.ca
FIT offers a 20-year contract to developers of renewable energy projects that covers total project costs and provides a reasonable rate of return.
888-387-3403
Northern Ontario Heritage Fund Corporation - Ontario Ministry of Northern Development & Mines
Innovation Demonstration Fund Ontario Ministry of Research & Innovation
Ontario Network of Excellence (ONE) Ontario Ministry of Research & Innovation Feed-in Tariff (FIT) Program Ontario Power Authority
Eligible applicants: manufacturing; technology; telecommunications; resource based, cultural, adventure and naturebased tourism; agriculture; mining; forest products.
Supports the commercialization and initial technical demonstration of globally competitive, innovative green technologies, processes and/or products. Fund is focused on environmental, alternative energy, bioproducts, hydrogen and other globally significant technologies at the pilot stage of development. Collaborative network of organizations across Ontario designed to connect innovators, technology-based businesses, entrepreneurs and researchers with services and programs to help them innovate and gain a competitive edge. Program offers guaranteed prices under long-term contracts for energy generated from renewable sources, including biomass, biogas, landfill gas, on-shore wind, solar photovoltaic (PV) and waterpower. Projects 10 kW or less in size can apply to the microFIT Program.
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www.mndm.gov.on.ca/ nohfc/programs/enterpri ses_north_job_creation_e .asp
416-326-8458
[email protected] http://www.mri.gov.on.ca/e nglish/programs/idf/guideline s.asp
[email protected] http://fit.powerauthority.on.c a/fit-program
Program Name
Program Description
Funding Details
Contact Information
Community Energy Partnerships Program (CEPP)
Grant program to support community power in Ontario. It is delivered by a financing organization, Community Power Fund (CPF), in partnership with Deloitte. Fund provides technical and financial support to communities working to develop, build and own renewable energy projects.
Grants up to $200,000 per project may be available.
CEPP 888-907-2377
Ontario Power Authority
info@communityenergyprogr am.ca http://www.communityenerg yprogram.ca/Project_Grants /Project_Grants_OverviewPa ge.aspx CPF 416-977-3154
Aboriginal Energy Partnerships Program Ontario Power Authority
Two funds are available under the Aboriginal Energy Partnership Program: 1. Aboriginal Renewable Energy Fund (AREF), designed to provide funding for First Nations and Métis communities to develop renewable energy generation facilities. Qualifying aboriginal communities may have a portion of project costs covered as well as the costs of environmental studies, resource assessments, business plans and engineering designs. 2. Aboriginal Community Energy Plan (ACEP) Program, which funds: • Education and development of a vision and community profile • Carrying out a community baseline study, and Development of a community energy plan.
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Aboriginal communities can receive up to $500,000 per project through AREF. Stay connected AREF funding is available for three phases of project development: 1. Pre-Feasibility Phase: 80 per cent of actual costs. 2. Design and Development Phase: 60 per cent of actual costs. 3. Regulatory Approvals Phase: 40 per cent of actual costs. Aboriginal communities meeting the criteria, may receive up to $70,000 each to complete the ACEP Program.
http://www.cpfund.ca/index .html 888-471-2377
[email protected] AREF http://www.aboriginalenergy .ca/aboriginal-renewableenergy-fund ACEP http://www.aboriginalenergy .ca/aboriginal-communityenergy-plans
Program Name
Program Description
Funding Details
Contact Information
NextGen Biofuels Fund
Supports the establishment of first-of-kind commercial scale demonstration facilities for the production of next-generation renewable fuels (i.e. cellulosic ethanol or next-generation biodiesel) and co-products. Eligible projects must have demonstrated their technology on a pilot scale.
The fund will support up to 40% of eligible project costs (capped at $200 million per project). Total government assistance cannot exceed 60% of eligible project costs.
613-943-1481
[email protected] a http://www.sdtc.ca/inde x.php?page=nextgenfunding-niche&hl=en_CA
Sustainable Development Technology Canada
Please note: This information has been provided as an outline of potential funding programs and is believed to be accurate as of November 2011. The programs are subject to frequent changes and the list is not exhaustive. Please consult the contacts listed and the links provided for the specific programs. This chart was adapted from two main sources: • www.omafra.gov.on.ca/english/engineer/biomass/fundingprograms.htm • www.marsdd.com/funding
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