SDTC - Scale Up Funding
Highlights
You have a unique opportunity to boost your business through funding for sustainable technology projects. This program is specifically designed for innovators like you who are focused on making a positive impact on the environment. By applying, you can receive funding to develop your technology, helping you attract that all-important first customer.
What’s in it for you? The funding has no payback conditions, allowing you to innovate without the stress of repayment. With no caps on budget, you can tailor the support according to your specific needs. This flexibility makes it a solid choice compared to traditional loans or funding options.
Whether you have 10 employees or none, this program is open to all businesses across Canada. It's straightforward to apply, enabling you to focus on your groundbreaking projects rather than jumping through hoops. Don't miss the chance to take your sustainable ideas from concept to reality.
Financing Details
The financing offered is a grant. This means you do not have to repay the funds, making it a fantastic opportunity for your business. Since it’s a grant, there are no interest rates or repayment terms to worry about.
Eligible Expenses
You can use the funds for activities related to sustainable technology development and demonstration projects. This includes:
- Costs associated with advancing technology.
- Expenses to secure your first paying customer.
- Market validation tasks to ensure economic viability.
Restrictions on Use of Funds
While the grant is flexible, there are certain restrictions:
- The funds cannot be used for general operational expenses or unrelated projects.
- Do not use the grant for costs that have already been covered by another funding source.
Associated Fees
Good news—there are no fees associated with this program. This means you can access the full amount of your grant without any hidden costs.
Qualifications
- Location: Business must be based in Canada.
- Sectors: All sectors are eligible.
- Employees: No minimum or maximum employee requirements.
- Company Revenue: No minimum or maximum revenue requirements.
- Legal Structure: All legal structures are applicable.
- Profit Structure: All profit structures are applicable.
Disqualifications:
- None specified.
Description
You can receive funding for technology projects that are sustainable and environmentally friendly. This program supports initiatives that focus on reducing greenhouse gas emissions, conserving water, and lowering contamination levels. This is a great chance to develop your sustainable technology further and validate your market.
The funding can be used to take your project from concept to reality. You can advance your technology development and demonstrate its effectiveness to potential customers. This is critical in securing that first sale, which is essential for your business growth.
There’s no specific budget cap for this program, meaning it's tailored to fit your needs. Additionally, there are no payback conditions attached to the funds, allowing you to focus on innovation without the pressure of repaying an amount later. This opportunity is available to all businesses across Canada, regardless of size or revenue, making it accessible to you no matter where you stand in your business journey.
Program Steps
Identify Your Project
Clearly define the sustainable technology project you wish to fund. Outline how it reduces greenhouse gas emissions or conserves water.Prepare Documentation
Gather the necessary documents for your application. You will need:- A detailed project plan
- Financial statements for the last two years
- Proof of business registration
- Relevant environmental impact assessments
- Letters of support or interest from potential customers or partners
Complete the Application Form
Fill out the application form accurately. Make sure to highlight the sustainability aspects of your project.Submit Your Application
Review your application to ensure everything is in order, then submit it through the program's website.Await Response
After submission, wait for feedback. Be ready to provide additional information or clarification if needed.Engage with Program Staff
Stay in touch with program representatives for any updates or questions about your application.