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



    OTTAWA, Feb. 27 /CNW/ - Sustainable Development Technology Canada (SDTC)
announced today that its SD Tech Fund(TM) is open for Statements of Interest
(SOI) for its thirteenth round of funding. The closing date for submissions is
April 23, 2008.
    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 of
interest. Technologies that deal with clean water or clean soil are
specifically encouraged.
    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, cleaner conventional fuels in the oil and
gas sector, as well as for eco-efficiency in commercial buildings. These
reports are available in the Knowledge Centre section of the SDTC website at
www.sdtc.ca. The SD Business Case(TM) reports represent only some of SDTC's
areas of interests - applicants are invited to submit technological solutions
in all areas of sustainable development.
    "We believe Canada can be a leader in the growing clean technology market
and we are strongly encouraging anyone with innovative technological solutions
to apply to SDTC so they can move their ideas forward," said Vicky J. Sharpe,
President and CEO of SDTC. "SDTC's work goes beyond funding. We help
technology developers strengthen their entrepreneurial skills and establish
connections with financers and other companies so they can pursue success in
the marketplace after their projects are completed."
    To date, SDTC has allocated $300 million to 133 clean technology
projects. An additional $711M million has been leveraged from project
consortia members, for a total portfolio value of $1.01 billion
    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 Application Advice and then contact an Applications Manager to
ensure a good fit. Information about SDTC's funding process, including the
online application system and Application 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 September 3, 2008.

    About SDTC

    SDTC is an arm's-length foundation which has received $1.05 billion from
the Government of Canada as part of its commitment to create a healthy
environment and a high quality of life for all Canadians.
    SDTC operates two funds aimed at the development and demonstration of
innovative technological solutions. The $550 million SD Tech Fund(TM) supports
projects that address climate change, air quality, clean water, and clean
soil. The $500 million NextGen Biofuels Fund(TM) supports the establishment of
first-of-kind large demonstration-scale facilities for the production of
next-generation renewable fuels.
    SDTC operates as a not-for-profit corporation and has been working with
the public and private sector including industry, academia, non-governmental
organizations (NGOs), the financial community and all levels of government to
achieve this mandate.





For further information:

For further information: Media Relations: Patrice Breton Director,
Communications, Sustainable Development Technology Canada, Tel: (613) 234-6313
ext. 295, p.breton@sdtc.ca; Application Process: Sébastien 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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