Technology and Business Demonstration Grant Analysis ### 📋 Eligible Entities - Private sector companies (for-profit businesses) - Small and medium-sized enterprises (SMEs) - Large corporations - Organizations operating in Canada with demonstrated capacity to implement projects - Entities must have a valid business number and be in good standing with tax authorities - Joint ventures and consortiums may be eligible if they include at least one eligible primary applicant ### 💰 Funding Details - Maximum Grant Amount: $500,000 per project - Cost Share: Grant covers 75% of eligible project costs - Applicant Contribution: Minimum 25% cost-sharing required (can be in-kind or cash) - Repayability: Non-repayable grant (does not need to be paid back) - Funding Model: Fixed contribution based on approved project budget - Payment Structure: Funds typically disbursed upon milestone completion and evidence of eligible expenses ### 🛠️ Approved Expenses - Salaries and wages for dedicated project staff - Testing and demonstration equipment rental or purchase - Technical consulting and engineering services - Prototype development and validation costs - Commercial viability assessments - Energy measurement and monitoring systems - Documentation, reporting, and third-party verification - Travel costs directly related to project implementation - Facility rental for demonstration purposes - Training for staff involved in the demonstration project ### ⚠️ Conditions & Milestones - Projects must focus on energy-saving or power-demand optimization measures with demonstrated innovation - Applicants must provide detailed project plans with clear technical and commercial objectives - Regular progress reporting and milestone tracking required throughout project duration - Independent verification of energy savings claims may be mandatory - Project completion typically required within 12-24 months of funding approval - Funded technology must demonstrate potential for commercialization or market adoption - Failure to meet agreed milestones may result in funding suspension or recovery - All project documentation and results must be retained for audit purposes - Recipient must acknowledge government funding in project communications and publications
À propos de ce programme
Get financial assistance of up to $500,000 to cover 75% of the costs of testing the technical and commercial viability of innovative energy-saving or power-demand optimization measures.
Ask AI about this Grant
Instant Eligibility Answers
Eligibility Match
Log in to automatically cross-reference this grant against your business profile and province.Check Compatibility