Sustainable Development Technology Canada (SDTC) for the NextGen Biofuels Fund™

2 – Natural Resource Sectors and Consumers are Environmentally Responsible

Link to department’s Program Alignment Architecture

2.1 – Energy–efficient Practices and Lower-carbon Energy Sources > 2.1.3 – Alternative Transportation Fuels

Name of recipient

Sustainable Development Technology Canada (SDTC) for the NextGen Biofuels FundTM

Start date

July 30, 2007

End date

Agreement ends September 30, 2027

Description

SDTC is managing the NextGen Biofuels Fund™ (NGBF), which will support up to 40% of eligible project costs to a maximum of $200 million per project for the establishment of first-of-kind, large-scale demonstration next-generation renewable fuel production facilities to encourage the future sustainability and success of renewable fuels. Next-generation renewable fuels are derived from non-traditional renewable feedstocks, such as forest biomass, fast-growing grasses, and agricultural residues, and are produced with non-conventional conversion technologies.

Since next-generation technologies are capital equipment intensive, they constitute a greater debt financing risk. The support provided by the NGBF will encourage the retention and growth of technology expertise and innovation capacity for next-generation renewable fuels production in Canada.

Of the $500 million* in total funding, $200 million is statutory funding. The remaining $300 million in funding is to be appropriated by Parliament over the period 2008-09 to 2014-15.

Total funding approved

250,000,000

Total funding received

33,200,000

Planned funding in 2015−16

0

Planned funding in 2016−17

0

Planned funding in 2017−18

0

Summary of annual plans of recipient

SDTC Corporate Plan for 2015 released October 2014.  Executive summary posted on www.sdtc.ca.