NextGen Biofuels Fund accepting applications
By Sustainable Development Technology Canada
Dec. 21, 2012, Ottawa, ON - Sustainable Development Technology Canada (SDTC) is issuing its Annual Call for Applications under the NextGen Biofuels Fund, which was created by the Government of Canada to support the establishment of first-of-kind large demonstration-scale facilities for the production of next-generation renewable fuels and co-products.
"The production of next generation renewable fuels is helping diversify the economy - by supporting market and technology transitions in important sectors through the conversion of municipal, forestry and agricultural waste into sustainable fuels and co-products," said SDTC President and CEO Vicky Sharpe. "The NextGen Biofuels Fund is helping to create biorefineries, spurring job creation and investment across Canada."
The NextGen Biofuels Fund supports up to 40 per cent of eligible project costs. The contribution is repayable based on free cash flow over a period of 10 years after project completion.
The fund is open for applications all year-round. To be eligible, a project must:
- be a First-of-Kind facility that primarily produces a next-generation renewable fuel at large demonstration-scale;
- be located in Canada;
- use feedstocks that are or could be representative of Canadian biomass; and
- have demonstrated its technology at pre-commercial scale.
Next-generation biofuels are derived from non-traditional, non-food renewable feedstocks, such as municipal waste, agricultural and forest residues, and perennial crops on marginal land, and are produced through the use of novel conversion technologies.
Detailed information on the NextGen Biofuels Fund and on how to apply is available in the Funding section of the SDTC website at www.sdtc.ca. Prior to submitting an Application for Funding (AFF), candidates should communicate their intent to SDTC by sending an email to email@example.com.