CICE launches $10M funding for B.C. clean energy innovators
by CM Staff
Applications will be accepted from July 10 to Aug. 1, 2024.
CNW Group/B.C. Centre for Innovation and Clean Energy
VANCOUVER — The B.C. Centre for Innovation and Clean Energy (CICE) is presenting an early-stage funding opportunity for B.C.’s clean energy and climate technology innovators through the July 2024 call for innovation. CICE will award up to $10 million in non-dilutive investment to innovators aligned with the following priority areas:
- Low carbon hydrogen – Utilizing solid carbon from methane pyrolysis and using low carbon hydrogen to decarbonize industrial sectors in B.C.
- Battery technologies and energy storage – Enhancing the competitiveness and sustainability of battery and energy storage systems and decarbonizing industrial and transportation sectors
- Low carbon bio and synthetic fuels – Scaling second-generation biofuels through the diversification of feedstocks such as agricultural and forest residues
Applications for CICE’s latest call for innovation will be accepted from July 10 to Aug. 1, 2024 (5 p.m. PT). Funding decisions will be made by Nov. 7, 2024.
“British Columbia is a clean technology powerhouse, home to a quarter of Canada’s clean tech companies,” said Sarah Goodman, CEO of CICE. “With $24 million invested in 36 groundbreaking clean energy and climate projects worth over $145 million, CICE is B.C.’s largest early-stage climate investor. We are proud to champion the growth of British Columbia’s most transformative clean energy and climate solutions.”
To learn more about CICE’s Call for Innovation application process, attend the virtual Q&A session on Wednesday, July 10, 2024, at 10 a.m. PT.
