Clean Fuels Fund: Indigenous-led building new domestic production capacity
The Clean Fuels Fund provides Indigenous-led projects with cost-shared, conditionally repayable funding. This financial support aims to help build new clean fuel production facilities or retrofit or expand existing ones in Canada.
Additionally, the fund provides non-repayable funding for feasibility studies, basic engineering studies and detailed front-end engineering studies for new facilities, expansions or conversions of existing facilities.
Offered by Natural Resources Canada (NRCan)
Amount
Capital projects: up to $50M, to a maximum of 50% of total project costs; Feasibility or FEED studies: up to $5M per study, to a maximum of 75% of total project costs
Quick eligibility check
Who can apply
To be considered for funding under the program, applicants must be legal entities validly incorporated or registered in Canada including not-for-profit and for-profit organizations that can demonstrate a minimum of 50% Indigenous ownership.
About the funding
The Clean Fuels Fund provides Indigenous-led projects with cost-shared, conditionally repayable funding. This financial support aims to help build new clean fuel production facilities or retrofit or expand existing ones in Canada.
Additionally, the fund provides non-repayable funding for feasibility studies, basic engineering studies and detailed front-end engineering studies for new facilities, expansions or conversions of existing facilities.
For capital projects, repayment will be required when the project starts to generate profit and for a period of up to ten (10) years from the commissioning date. The recipient's repayment amount will be determined annually based on profit for that year. Total Canadian government contributions may not exceed 75% of total project costs, except where the recipient is an Indigenous Business or Community, or not-for-profit, in which case total Canadian government funding will not exceed 100% of total project costs.
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|---|---|---|---|
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