Sustainable Development Technology Canada (SDTC) – SD Tech Fund
Name of transfer payment program | Sustainable Development Technology Canada (SDTC) – SD Tech Fund™ (Voted)* |
Start date | March 26, 2001 |
End date | March 31, 2022 |
Type of transfer payment | Contribution |
Type of appropriation | Estimates |
Fiscal year for terms and conditions | 2014-15 |
Strategic Outcome | 2 – Natural Resource Sectors and Consumers are Environmentally Responsible |
Link to department's Program Alignment Architecture | 2.2 – Technology Innovation > 2.2.3 – Clean Energy Science and Technology |
Description | To support the development and demonstration of innovative Canadian technological solutions that address climate change, clean air, clean water and clean soil. This transfer payment program does not have repayable contributions. |
Expected results |
|
Fiscal year of last completed evaluation | 2012-13 |
Decision following the results of last evaluation | Continuation |
Fiscal year of planned completion of next evaluation | 2016-17 |
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. |
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. |
Type of transfer payment | 2015–16 Forecast spending | 2016–17 Planned spending | 2017–18 Planned spending | 2018–19 Planned spending |
---|---|---|---|---|
Total grants | 0 | 0 | 0 | 0 |
Total contributions ** | 6,000,000 | 46,172,380 | 38,955,151 | 35,000,000 |
Total other types of transfer payments | 0 | 0 | 0 | 0 |
Total program ** | 6,000,000 | 46,172,380 | 38,955,151 | 35,000,000 |
* On November 4, 2015, an Order-in-Council designated the Minister of Industry (now the Minister of Innovation, Science and Economic Development) as the Minister for the purposes of the Canada Foundation for Sustainable Development Technology Act. As a result, resources allocated to this organization will be transferred to Innovation, Science and Economic Development Canada, thereby, reducing Natural Resources Canada (NRCan) financial resources. The above financial table does not reflect this reduction. Until the transfer is complete, NRCan will continue to disburse funds from its reference levels toward both the SDTC’s NextGen Biofuels Fund and the SDTC Tech Fund. These disbursements will remain equally shared between NRCan and Environment and Climate Change Canada (ECCC), with each department reporting its shares in its respective RPP and DPR.
** NRCan and ECCC each contributes an equal amount. The amounts in the table above represent only NRCan‘s portion of the total transfer payments.
Supplementary Information (Tables) 2016-17
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