Sustainable Development Technology Canada (STDC) - SD Tech Fund™
Name of transfer payment program |
Sustainable Development Technology Canada (STDC) - SD Tech Fund™ (Voted) |
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Start date |
March 26, 2001 |
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End date |
March 31, 2022 (Funding Agreement 5) |
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Fiscal year for terms and conditions |
2014-15 |
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Strategic Outcome |
2 – Natural Resource Sectors and Consumers are Environmentally Responsible |
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Link to department's Program Alignment Architecture |
2.2 – Technology Innovation > 2.2.3 – Clean Energy Science and Technology |
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Description |
To support the development and demonstration of innovative Canadian technological solutions that address climate change, clean air, clean water and clean soil. |
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Expected results |
|
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Fiscal year of last completed evaluation |
2012-13 |
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Decision following the results of last evaluation |
Continuation |
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Fiscal year of planned completion of next evaluation |
2016-17 |
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General targeted recipient groups |
The SD Tech Fund is intended to benefit small and medium-sized sustainable development technology developers that are seeking financial assistance to further develop their technology toward commercialization. The Fund targets all major economic sectors in Canada and is national in scope. |
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Initiatives to engage applicants and recipients |
SDTC typically holds two rounds of funding each year, initially requesting Statements of Interest (SOI) from applicants. The application process takes about nine months to complete after the receipt of the SOI. The foundation is expected to allocate new funding to projects until at least June 30, 2016. |
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Forecast Spending |
Planned Spending ($) |
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2015–16 |
2016–17 |
2017–18 |
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Total grants |
0 |
0 |
0 |
0 |
Total contributions |
0 |
6,000,000 |
41,500,000 |
38,500,000 |
Total transfer payments |
0 |
6,000,000 |
41,500,000 |
38,500,000 |
*Natural Resources Canada (NRCan) and Environment Canada (EC) each contribute an equal amount. The amounts in the table above represent only Natural Resources Canada‘s portion of the total transfer payments. Further, as per budget 2013, NRCan and EC will equally provide an additional $325M over eight years.
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