Alberta announces $50 million from TIER Fund for ERA’s annual Industrial Transformation Challenge
Initially launched in 2022, the Industrial Transformation Challenge led to a commitment of more than $60 million in funding to 14 projects worth over $225 million to advance technology and innovation that can drive emissions reduction across Alberta’s industrial landscape. Recognizing the strong pool of proposals received in the first iteration, and to underscore the province’s commitment to finding clean technology solutions across sectors, the Industrial Transformation Challenge is now an annual funding opportunity that will launch each Spring.
Deadline for Submission
Friday, June 21, 2024
5 p.m. Mountain Daylight Time (UTC-6h)
This year’s Industrial Transformation Challenge will provide up to $50 million towards technology scale-up, pilot demonstration, and first-of-kind projects that present transformative solutions for Alberta’s industrial sectors and contribute to reducing emissions and catalyzing economic opportunities. Funding is open to applicants from across Alberta’s industrial and natural resource sectors, including petrochemicals, cement, agriculture, forest products, manufacturing, energy, and more. Funds are sourced from the Government of Alberta through the Technology Innovation and Emissions Reduction (TIER) fund.
Successful applicants are eligible for up to $10 million per project with a minimum request of $500,000. The maximum ERA contribution to a single project will be no more than 50 per cent of the project’s eligible expenses. The application deadline is Friday, June 21, at 5 p.m. MDT (UTC-6h). Late submissions will not be accepted. An informational webinar will be held on Monday, May 27, from 10-11 a.m. MDT (UTC-6h).