Innovative Clean Energy (ICE) Fund: Innovation and Partnerships
British Columbia (BC)’s Innovative Clean Energy Fund (“ICE Fund”) is designed to support the BC government’s energy, economic, environmental and greenhouse gas reduction priorities and advance BC’s clean energy sector. Since 2008, the ICE Fund has committed over $124 million in funding to support pre-commercial clean energy technology projects and energy efficiency programs.
Offered by Ministry of Energy and Climate Solutions
Amount
Generally between $50,000 and $3,000,000 and up to 75% of eligible costs per project; total government funding must not exceed 75%
Quick eligibility check
Who can apply
Clean energy projects and technologies that fall within the mandate of the ICE Fund are eligible. Only the most competitive projects are funded.
Stages of Development The project must clearly demonstrate how it will progress the technology towards commercialization. At the time of the application, projects should be in the range of Technology Readiness Levels (TRL) 4-7.
Connection to British Columbia The project under an application must take place within British Columbia.
Previously Funded Projects Projects or portions thereof that have previously received funding from the ICE Fund are not eligible to receive further funding for that project under this Call. However, a new project that builds on and sufficiently advances a previously funded project is eligible for funding under this call.
Project Term The maximum length of a project is five (5) years.
Any Canadian legal entity is eligible to be an Applicant applicant for funding of projects under this fund.
The ICE Fund may, in its sole discretion, determine Eligibility whether an entity is eligible or ineligible.
About the funding
Generally between $50,000 and $3,000,000 and up to 75% of eligible costs are allocated for projects.
Total government funding for the project must not exceed 75%.
The ICE Fund reserves the right to offer less funding than requested.
Applicants are advised that funding availability varies by fiscal year based on available budget.
Show all funding details
Total government funding at the time of application and through the term of the project must not exceed 75%.
The application and/or consortium partner* must contribute a minimum of 25% to eligible project costs.
Funding amounts and availability are limited. The ICE Fund reserves the right to not fund a project or offer less funding than requested.
"Eligible Costs" are cash and in-kind eligible expenses incurred by the applicant for the project during the term of the project funding agreement.
In general, Eligible Costs include goods, services, professional and technical costs required to plan and conduct project activities, the cost of capital items that have no residual value beyond the scope of the project, and the depreciation cost of capital items that have a residual value beyond the scope of the project.
The majority of eligible project costs (>50%) must be incurred in British Columbia, and at a minimum, an amount of eligible project costs equal to the funding from the ICE Fund for the project must be incurred in British Columbia.
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