Clean technology fund invites Statements of Interest for sixth round of funding
OTTAWA, ONT-Sustainable Development Technology Canada (SDTC) has issued a call for Statements of Interest (SOIs) as part of its sixth round of funding. The closing date for SOI submissions is October 6, 2004. The SOI phase is designed to give SDTC a good sense of proposed technologies without imposing an arduous application process. The initial applications are simple and straightforward, and applicants who meet SDTC's selection criteria will be invited to submit a detailed proposal. SDTC operates a $350-million fund to support the development of clean technologies. To date, it has allocated a total of $72 million to 37 projects. That amount has leveraged an additional $208 million in funding from other project partners for a total project value of $280 million. This represents a 3:1 ratio of industry-partner contribution to SDTC investment. More information about the call for SOIs and the new on-line SOI application system is available on the SDTC Web site, www.sdtc.ca.
An arm's length, not-for-profit corporation, SDTC bridges the gap in the innovation chain between research and development and commercialization, helping clean technology developers move their products and processes through the development and demonstration phases in preparation for commercialization.