Sustainable Development Technology Canada (SDTC) – SD Tech Fund™
General information
Name of transfer payment program | Sustainable Development Technology Canada (SDTC) – SD Tech Fund™ |
---|---|
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. |
Results achieved | A November 4, 2015, Order-in-Council designated the Minister of Innovation, Science and Economic Development (ISED) accountable to Parliament for the purposes of the Canada Foundation for Sustainable Development Technology Act. Previous to this, the Minister of Natural Resources was the designated Minister, and Natural Resources Canada and Environment and Climate Change Canada provided joint oversight of the Foundation. Federal oversight of SDTC was transferred to Innovation, Science and Economic Development in 2016. Results achieved will be reported in ISED’s 2016-17 Departmental Results Report (DRR). |
Comments on variances | Not Applicable |
Audits completed or planned | There was no internal audit in fiscal year 2016-17. |
Evaluations completed or planned | An evaluation of SDTC is scheduled to be completed by the department of Innovation, Science and Economic Development in the 2017-18 fiscal year. |
Engagement of applicants and recipients | 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. 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. |
Planning Information (dollars)*
Type of transfer payment | 2014-15 Actual spending | 2015–16 Actual spending | 2016–17 Planned spending | 2016–17 Total authorities available for use |
2016–17 Actual spending (authorities used) |
Variance (2016–17 actual minus 2016–17 planned) |
---|---|---|---|---|---|---|
Total grants | 0 | 0 | 0 | 0 | 0 | 0 |
Total contributions** | 0 | 6,000,000 | 46,172,380 | 17,293,000 | 17,293,000 | (28,879,380) |
Total other types of transfer payments | 0 | 0 | 0 | 0 | 0 | 0 |
Total program** | 0 | 6,000,000 | 46,172,380 | 17,293,000 | 17,293,000 | (28,879,380) |
* The table does not reflect NRCan’s reduced financial resources resulting from the transfer of funds for this initiative to ISED. 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 ECCC, with each department reporting its shares in its respective RPPs and DRRs.
** NRCan and ECCC each contributes an equal amount. The amounts in the table above represent only NRCan‘s portion of the total transfer payments.
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