Sustainable Development Technology Canada Announces Latest Call for Clean Technology Funding Applications



    OTTAWA, Sept. 5 /CNW/ - "If you have a new, innovative technology that
helps address climate change or promotes cleaner water, land and air, we want
to hear from you!" This is the word coming today from Sustainable Development
Technology Canada (SDTC), as it announced it is accepting Statements of
Interest (SOI) for its twelfth round of funding. The closing date for
submissions is October 24, 2007.
    SDTC is a not-for-profit corporation created by the Government of Canada
to finance and support the late-stage development and pre-commercial
demonstration of clean technologies. SDTC is actively seeking applications for
technology innovations that deliver clean water, clean soil, clean air, and a
reduction in greenhouse gas emissions. Technologies that are designed to deal
with more than one of these environmental issues simultaneously are
encouraged.
    "SDTC provides both coaching and funding to help strengthen a company's
value proposition, consequently increasing the likelihood of successful market
uptake," said Vicky J. Sharpe, President and CEO of SDTC. "The demand for
clean technology solutions is increasing both in Canada and in our most
important markets, so we are strongly encouraging entrepreneurs, academics -
creative minds across the country to focus on this rapidly evolving and
lucrative market, and to apply to SDTC."
    SDTC has released a series of SD Business Case(TM) reports which identify
priority investment areas for renewable electricity generation, renewable
fuels for both biofuel and hydrogen, and for cleaner conventional fuels in the
oil and gas sector. The SD Business Case reports represent only some of SDTC's
areas of interest; therefore to read the reports please go to the Knowledge
Centre at www.sdtc.ca. Applicants are invited to submit technological
solutions in all areas of sustainable development.
    To date, SDTC has allocated $279 million to 124 clean technology
projects. An additional $670 million has been leveraged from project consortia
members, for a total portfolio value of $949 million.
    The SOI is used for preliminary screening and is subject to a competitive
review process by SDTC and a panel of independent experts. The applications
are evaluated on the basis of fit with SDTC's mandate, adherence to selection
criteria, and to ensure they include necessary technology, marketing, and
business capabilities.
    Applicants presenting the most compelling technology projects will be
invited back to submit a detailed, full proposal for consideration toward
funding.
    Applications for funding may only be made through the online SOI
application system. Prior to submitting an application, applicants are advised
to read SDTC's Applications Advice and then contact an Applications Manager to
ensure a good fit. Information about SDTC's funding process, including the
online application system and Applications Advice, can be found in the Funding
section at www.sdtc.ca.
    SDTC holds two rounds of funding each year. The next call for SOIs will
open February 27, 2008.

    About SDTC

    Sustainable Development Technology Canada is a Foundation created by the
Government of Canada that currently operates a $550 million fund, leveraged
2-3 times by project partners, to support the development and demonstration of
clean technologies - solutions that address issues of clean air, greenhouse
gases, clean water, and clean soil to deliver environmental, economic and
health benefits to Canadians.
    An arm's length, not-for-profit corporation, SDTC fills the void in the
innovation chain between research and commercialization - helping clean
technology developers move through the development and demonstration phases,
in preparation for commercialization.
    SDTC encourages collaboration among private, financial, academic, public
sector partners and with all levels of government to build a sustainable
development infrastructure in Canada.





For further information:

For further information: Media Relations: Patrice Breton, Director,
Communications, Sustainable Development Technology Canada, Tel: (613) 234-6313
ext. 295, media@sdtc.ca; Application Process: Sebastien Prince-Richard,
Manager, Applications, Sustainable Development Technology Canada, Tel: (613)
234-6313 ext. 232, applications@sdtc.ca

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SUSTAINABLE DEVELOPMENT TECHNOLOGY CANADA

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