Distributed Energy Management Initiative (DEMI): Project Seed Funding (PSF)

By mmuise
Description:

NAIT's Centre for Grid Innovation, through The Distributed Energy Management Initiative (DEMI), is offering Project Seed Funding (PSF) to qualifying Alberta businesses and organizations. This funding aims to further innovation initiatives and technology development in Alberta's electricity grid.


Comments on Funding:

To qualify for the PSF a cash contribution of at least $5,000 is required by the applicant. The cash contribution cannot include any costs associated with labour hours, effort, material procurement, or assets furnished. It must comprise solely of cash on-hand that is to be contributed towards the project. Funding of up to $50,000 (cash and in-kind) is available to successful SMEs.

Deadline: Rolling deadline
Eligibility:

Applicants must be:

  • Private small-to-medium enterprises (less than 500 employees);
  • Community enterprises;
  • Development organizations.

    Applicant SMEs must:
  • be incorporated in Alberta with at least two years of corporate filings on record;
  • have at least one full-time employee on staff;
  • have a business plan to commercialize the proposed innovation or service.
  • provide a cash contribution of at least $5,000.
Application Steps:

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Documentation Needed:

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Other Things to Note:

To apply for PSF funding a completed PSF Proposal template should be submitted to the centre for evaluation. Awards and funding amounts will be determined quarterly by the PSF Review Committee. For application information and submission forms, please contact us.

About the author
mmuise