Canada Growth Fund
Funding Projected to Be Available Soon.
The Canada Growth Fund (CGF) will help Canada secure the significant private capital it needs to accelerate the deployment of technologies needed to reduce carbon emissions and grow its economy.
Quick View
Funding Amount
The tools CGF will use will distinguish CGF from funding through grants and contributions, and commercial financing on a market-based basis.
Eligible Applicants
Must have a Canadian presence, must own the intellectual property, and must align with the principles of the Canada Growth Fund.
Eligible Activities
The Canada Growth Fund will fund business activities focusing on three main areas: Reducing emissions across Canada, scaling technology companies that are currently demonstrating or commercializing less mature technologies, and ecological and climate-friendly companies and projects in the low-carbon or climate-tech value chain.
Amount of Funding
Among the tools Canada Growth Fund will have is the ability to offer innovative concessional financing instruments, including those that combine above-market risk with the flexibility to earn below-market returns, thus distinguishing CGF from:
- Proponents who receive funding through grants and contributions; and
- Proponents who are provided with commercial financing on a market-based basis.
Eligible Applicants
To be eligible for the Canada Growth Fund, applicants must have a Canadian presence, own the intellectual property, and must align with the principles of the Canada Growth Fund.
Eligible Activities
Business activities that may be eligible for funding from the Canada Growth Fund will focus on three main areas:
- Reducing emissions across Canada with technologies and processes that are less mature. These include, but are not limited to:
- Carbon capture,
- Utilization and storage; and
- Hydrogen and biofuels.
- Scaling technology companies that are currently demonstrating or commercializing less mature technologies; and
- Ecological and climate-friendly companies and projects in the low-carbon or climate-tech value chain, including low-carbon natural resource development.
Program Deadline
Speak with a member of our team to find the latest intake period info for this program or subscribe to our newsletter to be notified.