The SDTC Seed Funding program offers non-repayable contributions ranging from $50,000 to $100,000 specifically for early-stage Canadian entrepreneurs focused on innovative solutions for the environment. This is a fantastic opportunity for you to secure funding without the stress of repayment. You can use this money to help develop your product, support research, or expand your ventures.

Applying for this program means you can boost your business while making a positive environmental impact. The funding can help you obtain resources that may have seemed out of reach. Plus, since the program is open to all sectors across Canada, the potential to benefit is extensive. Being approved will allow you to focus more on what truly matters: growing your business and innovating your solutions.

Getting involved is straightforward. If you have a scalable innovation aiming to tackle a significant environmental challenge, this funding could be just what you need to bring your vision to life.

This program offers non-repayable contributions ranging from $50,000 to $100,000. That means you receive this funding without needing to pay it back.

Repayment and Interest

Since the contribution is non-repayable, there are no repayment terms or interest rates involved in this funding. You get the money as a grant to support your innovation without any strings attached.

Eligible Expenses

The funds can be used for a variety of eligible expenses, including:

• Research and development costs
• Prototype development
• Technology validation
• Testing and demonstration of your innovative technology

Restrictions and Fees

Importantly, the funds cannot be used for everyday operational expenses, such as rent or payroll. There are also no fees associated with accessing this funding, making it a straightforward financial boost for your business.

• Must be Canadian-owned.
• Must be developing innovative technologies with significant environmental benefits.
• Must address a major environmental problem with the innovation.
• Must be nominated by an approved accelerator partner.

Disqualifications:

• No specific disqualifications mentioned in the context.

This program offers non-repayable contributions of $50,000 to $100,000 for your business. It’s designed for early-stage Canadian entrepreneurs like you who are creating innovative technologies aimed at solving environmental challenges. This funding can be used to grow your projects, develop your product, or support research and development activities.

Since the funds are non-repayable, you won’t have to worry about paying it back, allowing you to focus on what matters most—growing your business and making a positive impact on the environment. Given these generous amounts, you can invest in the resources you need to take your innovation to the next level.

Whether you’re a startup or a more established entity, this funding is a great chance for you to jumpstart your venture without the typical financial burden. The program is open to all sectors across Canada, ensuring that no matter your focus, you can take advantage of this opportunity.