The Natural Gas Innovation Fund (NGIF) is accepting applications to provide funding for natural gas cleantech research projects and support the deployment of natural gas innovation projects in Canada.
Launched in 2016 by the Canadian Gas Association, NGIF supports and funds innovative projects in the natural gas sector. Specifically, the fund selects and accelerates startups and organizations working on natural gas cleantech projects that are ripe for market uptake and commercial viability.
NGIF said it offers a continuous intake process to review and evaluate new ideas and projects. Currently, the fund is looking for submissions of investor decks from prospective applicants to determine their eligibility and make an initial tech assessment.
“NGIF’s mandate is to build a diversified portfolio of investments, strategic partnerships, and a trusted investment model that delivers on improved environmental performance, greater affordability and competitiveness, and enhanced safety and resiliency,” said John Adams, managing director of NGIF. “We are looking for innovators and entrepreneurs from all around the world to come forward with their innovation and project for Canada’s natural gas industry.”
NGIF’s investment committee includes CGA, Pacific Northern Gas Ltd., FortisBC, ATCO, SaskEnergy, Enbridge Gas Distribution Inc., Union Gas and Gaz Metro.
To learn more about how to apply for funding, click here.