JOHN ADAMS, PRESIDENT, CEO AND MANAGING PARTNER OF NGIF RANKS IN TOP 3 GLOBAL 100 INNOVATION CEO’S WINNERS

OTTAWA, ON (August 20, 2021) NGIF Capital Corporation, Canada’s first venture capital firm offering a hybrid investment and market-validation platform for cleantech startups, today announced that its President and CEO, John Adams, has been recognized as a 2021 World Biz Magazine’s Global Top 100 Innovation CEO. The awards celebrate exceptional business leaders globally who are making a significant mark on …

NGIF INDUSTRY GRANTS PROVIDES $300,000 IN FUNDING TO ADVANCE LARGE-SCALE GREEN HYDROGEN TECHNOLOGY

OTTAWA, ON (August 12, 2021) NGIF Industry Grants, a division of NGIF Capital Corporation, is supporting the ongoing testing and validation of Hydrogen Optimized’s high-current RuggedCell™ alkaline unipolar electrolyser technology. Through $300,000 in approved funding, the project will demonstrate the company’s large-scale green hydrogen production technology under solar panel, simulated wind turbine, and intermittent electrical grid conditions. Hydrogen Optimized is …

NGIF INDUSTRY GRANTS ANNOUNCES $300,000 IN FUNDING FOR RNG PRODUCTION

OTTAWA, ON (August 27, 2021) NGIF Industry Grants, a division of NGIF Capital Corporation, is supporting the upgrade of CHAR Technology’s operational high-temperature pyrolysis facility. Through $300,000 in approved funding, the project is forecasted to produce approximately 20,000 gigajoules of renewable natural gas (RNG) annually. Challenging the boundaries of technology, CHAR is focused on developing high-efficiency bio-products that deliver cleaner …

NGIF ANNOUNCES $1.65 MILLION IN FUNDING TO ADVANCE TECHNOLOGIES FOR DOWNSTREAM NATURAL GAS INDUSTRY

OTTAWA, ON (August 5, 2021) Hydrogen, renewable natural gas, and carbon capture utilization and storage projects are receiving funding from NGIF Industry Grants. Seven projects were selected for a total of $1.65 million in funding to advance technology innovations in the natural gas distribution sector. The approved projects have a combined value of more than $21 million in public and …

Three-Appliance-in-One Heat Pump from ThermoLift is Inaugural Investment for NGIF Cleantech Ventures

CALGARY, AB (July 29, 2021) NGIF Cleantech Ventures, a Canadian venture capital fund investing in cleantech innovation in the natural gas sector, today announced its inaugural investment: scale-up capital in ThermoLift. NGIF Cleantech Ventures’ investment will accelerate the commercialization of ThermoLift’s flagship fuel-flexible natural gas and hydrogen enabled heat pump that can meet three energy needs – water heating, space …

NGIF Cleantech Ventures Successfully Completes Second Close, Grows to $50 Million

CALGARY, AB (July 26, 2021) NGIF Cleantech Ventures (the Fund) completed its second close of the year earlier this month. The Fund conducted a first close of $35 million in April and in the subsequent 12 weeks raised an additional $15 million. The Fund’s second close adds additional committed capital from ARC Resources Ltd., Tidewater Midstream and Infrastructure Ltd., and …

RFP | NGIF Seeks Digital Innovator to Redesign Website

Venture capital firm NGIF issued an RFP this week seeking a vendor to transform its website to better represent its new business model. Earlier this year, the organization transformed from an association-led initiative to a corporate entity. NGIF Capital Corporation offers a hybrid investment model and a market-validation platform for start-ups, working with them from concept to commercialization, and offering …

NGIF Invests in Kinitics Automation to Eliminate Methane Venting

OTTAWA, ON (June 02, 2021) Kinitics Automation has entered into a contribution agreement with NGIF Industry Grants, a division of NGIF Capital Corporation, after successfully completing its clean technologies funding competition. NGIF joins Emissions Reduction Alberta as a funding partner supporting the demonstration of the Kinitics Valve Actuator for zero-bleed valves at natural gas production facilities. This all-electric valve actuator is being …

NGIF Launches $5.5 Million Innovation Challenge Across the Natural Gas Value Chain

OTTAWA, ON (May 27, 2021) Today, NGIF Industry Grants, a division of NGIF Capital Corporation, launches a $5.5 million (CAD) funding competition to accelerate clean technology solutions across the natural gas value chain. This first of its kind challenge will invest in upstream, midstream, and downstream innovative solutions to address challenges in Canada’s natural gas industry with the goal of improving …

NGIF Expands to Commercialize Cleantech Startups for Canada’s Gas Industry

With the addition of new members to its team, a plug-and-play emissions testing centre, and the launch of its $35 million venture capital entity, NGIF is ready to support startups from concept to commercialization. NGIF announced the expansion of its leadership team, placing key staff members in strategic, new roles that align with the organization’s growth strategy. “We are focused …