Clean Technology Initiative

Do you want to modernize your business practices to be more environmentally friendly? Or do you have an idea for a clean technology process, product, and/or service that reduces negative environmental impacts? CBDC can provide up to $150,000 per eligible borrower, in the form of a repayable loan with competitive interest rates and repayment terms. All loans will be secured where appropriate. Loans can be from one year to ten years, giving you time to grow your business.

In addition to the loan product, a Clean Technology Fund will be established with a Clean Technology Advisory Services component that will assist small- and medium-sized enterprises and social enterprises to assess clean technology solutions for their businesses. These services will allow small businesses and social enterprises to hire professional outside expertise to assist them in addressing timely issues, opportunities and/or challenges related to their use of clean technologies.

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Sustainable Development Technology Canada

We support Canadian companies with the potential to become world leaders in their efforts to develop and demonstrate new environmental technologies that address climate change, clean air, clean water and clean soil. Interested in finding out more about who is eligible and how to apply? On average 33% (up to 40%) of eligible projects costs The average contribution is $3 million, with funds disbursed in five years or less. 25% of the eligible costs must be funded through private sector contributions (including in-kind). Funding from all levels of government must not surpass 75% of eligible costs. At least 50% of eligible project costs must be incurred in Canada.

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