Natural Gas Innovation Fund launches a $3 Million Cleantech Competition directed at the Production of Natural Gas

October 30, 2019
Edmonton, Alberta
Natural Gas Innovation Fund

Today the Natural Gas Innovation Fund™ (NGIF) announces the opening of a $3 million funding call for cleantech technology solutions to assist with the development and production of natural gas (upstream sector) in Canada. The call is targeted to advance technologies that will enable natural gas producers to build on their ever-improving environmental performance.

Birchcliff Energy Ltd., Canadian Natural Resources Limited, Chevron Canada Limited, Perpetual Energy Inc., PETRONAS Energy Canada Ltd., Shell Canada Energy, and Tourmaline Oil Corp. are the investing entities.  NGIF is making up to $1 million in non-dilutive funding available per project, representing as much as 25 per cent of a project’s eligible expenses. The call is directed at small to medium enterprises and technology development start-ups from anywhere in the world to advance cleantech innovation through a project here in Canada.

Interested applicants should download the Applicant’s Guide online, which provides information on investment priorities, eligible expenses, and conditions on funding.  Applicants must submit their expression of interest at [email protected] by December 19, 2019. More information on the Natural Gas Innovation Fund and how to apply can be found at www.ngif.ca.

NGIF’s Cleantech Competition for the production of natural gas is aligned with Emissions Reduction Alberta’s (ERA’s) Natural Gas Challenge.  The program is seeking innovative technology solutions that reduce GHG emissions across Alberta’s natural gas value chain, including upstream, midstream, and downstream operations. As trusted partners, ERA and NGIF work together to explore opportunities to co-fund projects, to reduce the administrative burden for applicants, and to provide innovators with access to potential industry partners.

Quotes:

 

“NGIF’s trusted investment model and strategic partnerships have resulted in a strong portfolio of investments to date.  We are excited to receive applications involving a range of innovative projects for Canada’s natural gas producers.”
John Adams, Managing Director, Natural Gas Innovation Fund


“Canada’s natural gas sector – from well-head to burner tip – is committed to promoting innovation and supporting cleaner technology solutions. This funding call is intended to help deliver on that commitment, with the added benefit of building cleantech companies.”
Timothy M. Egan, President and CEO, Canadian Gas Association


“Through this collaboration, we are bringing together the resources and relationships required to accelerate technology solutions that reduce GHG emissions and grow the economy in Alberta. This partnership allows innovators greater access to funding, potential industry partners and testing facilities.”

Steve MacDonald, CEO, Emission Reduction Alberta

 

About Natural Gas Innovation Fund

NGIF was created by the Canadian Gas Association to support the funding of cleantech innovation in natural gas. NGIF fills a technology development gap in the sector and invests in innovation led by cleantech start-ups and small and medium-sized enterprises enabling natural gas solutions for current and emerging challenges facing Canada’s energy system.

 

About NGIF’s Trusted Partners:

Trusted partners are cleantech funding organizations with comparable peer review and due diligence processes that allows for the confidential sharing of information to reduce administration for common applicants.

 

NGIF Funding Producers

Associated Links:
Natural Gas Innovation Fund
Canadian Gas Association
NGIF LinkedIn
NGIF Twitter

 

Media Information:                                                                           

Annik Aubry
Director, Communications and Social Media
Canadian Gas Association
613-748-0057 ext. 325
[email protected]

 

Fund Information

John Adams
Managing Director
Natural Gas Innovation Fund
613 748 0057
[email protected]