This program is a fantastic opportunity for your business. It offers up to 40% funding for eligible project costs, which can significantly reduce your financial burden. This funding is a collaboration between the federal and provincial governments, ensuring you have strong support.

Why Apply?

• Substantial Financial Support: Up to 40% of your project costs covered.
• Collaboration Benefits: Work with local or Indigenous governments to enhance community impact.
• Claims-Based Funding: You receive funds as you incur costs, improving cash flow management.

What's in it for You?

• Increased Capacity: Manage renewable energy more effectively.
• Clean Energy Access: Enhance transportation and building energy efficiency.
• Long-Term Benefits: Contribute to a low-carbon economy, benefiting both your business and the environment.

Qualifying for this program is straightforward, and the benefits are substantial. Apply now to secure funding and support your business's growth and sustainability.

Type of Financing: Grant

Repayment Terms and Interest Rates:

• This is a non-repayable grant, meaning there are no repayment terms or interest rates.

Eligible Expenses:

• Costs associated with building tangible physical infrastructure (capital assets) primarily for public use and benefit.
• Projects must align with one of the following outcomes:
  • Increased capacity to manage renewable energy.
  • Increased access to clean-energy transportation.
  • Increased energy efficiency of buildings.
  • Increased generation of clean energy.

Ineligible Expenses:

• Operational costs.
• Maintenance costs.
• Costs incurred before the approval of the grant.
• Any expenses not directly related to the construction of the infrastructure project.

Fees:

• There are no fees associated with applying for or receiving this grant.

The CleanBC Communities Fund offers a great opportunity for your business to get financial support for infrastructure projects. You can receive up to 40% of eligible project costs covered, which includes 25% from the federal government and 15% from the province of British Columbia.

This funding can be used for projects that build physical infrastructure, such as increasing renewable energy capacity, improving energy efficiency in buildings, or generating clean energy. The goal is to support projects that benefit the public and contribute to a cleaner, low-carbon economy.

The program requires cost-sharing, meaning you will need to finance part of the project and cover any cost overruns. However, the significant funding contribution can make a big difference in bringing your project to life. Projects must start in 2023 and be completed by March 2027, giving you a clear timeline to plan and execute your project.