Business

CleanBC program providing more funding for projects

By Richmond Sentinel

Published 3:02 PDT, Mon September 21, 2020

Last Updated: 1:33 PDT, Wed October 7, 2020

The CleanBC Building Innovation Fund is receiving $8 million for a second intake as part of BC’s economic recovery plan.

“With this fund, we are investing in innovative projects that will reduce pollution and increase energy efficiency in our homes and buildings—and we’re boosting local economies,” said Bruce Ralston, minister for energy, mines and petroleum resources.

The fund supports the commercialization and demonstration of energy-efficient and low-carbon building products and technologies made in BC. The second intake will open in October and follows $1.65 million distributed to 13 projects in the province in 2019. 

“Great design and innovation are resulting in better, more energy-efficient buildings showing the world that people in BC are hard at work as we respond to the challenges and opportunities of climate change and economic recovery,” said Environment Minister George Heyman. “Our economic recovery will be stronger as a result of the investment we are all making to reduce emissions and build a better, cleaner BC for everyone.”

The second intake of the CBBIF will provide funding through four different streams:

• Material, component and system manufacturing (up to $1,000,000 per project)   

• Digital technology solutions (up to $500,000 per project)

• Demonstration projects (up to $250,000 per project)

• Open call for innovations (up to $500,000 per project)

To learn more about the CleanBC Building Innovation Fund, click here.

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