📋 Eligible Entities - Private sector companies operating in Canada - Small and medium-sized enterprises (SMEs) prioritized - Large corporations (subject to additional eligibility criteria) - Industrial facilities with existing heating or process thermal energy needs - Agricultural operations with bioenergy potential - Organizations must be registered Canadian businesses with valid tax compliance ### 💰 Funding Details - Maximum Grant Amount: Up to $5,000,000 per project - Grant Type: Non-repayable financing (grant-based, not a loan) - Matching Requirements: Recipient contribution typically required (exact ratio varies by project scope and applicant size) - Funding Coverage: Percentage of eligible project costs (typically 25-50% depending on project risk and SME status) - No Repayment Obligation: Funds do not need to be returned if project milestones are met ### 🛠️ Approved Expenses - Equipment & Infrastructure: - Bioenergy heating systems and installation - Thermal energy production equipment - Piping, boilers, and heat distribution systems - Technology & Engineering: - System design and engineering consulting - Feasibility studies and technical assessments - Installation and commissioning costs - Project Development: - Biomass supply chain setup - Feedstock procurement infrastructure - Integration with existing thermal systems - Not Eligible: Operating costs, biomass fuel purchases (ongoing), or general business expenses ### ⚠️ Conditions & Milestones - Primary Objective: Projects must demonstrably reduce greenhouse gas (GHG) emissions by replacing fossil fuels with bioenergy - Application Timeline: Subject to program intake periods; applications reviewed on a rolling basis - Performance Verification: Recipient must track and report GHG emission reductions achieved - Project Completion: Must be completed within agreed timeframe (typically 24-36 months) - Funding Disbursement: Staged payments tied to project milestones and verified progress - Compliance Requirements: - Maintain detailed project records and financial documentation -
About this program
Get financing of up to $5 million for a project that helps reduce GHG emissions using bioenergy for thermal energy production applications (heating or process) with a view to replacing fossil fuels.
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