round of funding will help 11 British Columbia (B.C.) companies pilot technologies that will support the development of a more sustainable, inclusive and innovative B.C. economy
Canadian small and medium-sized enterprises (SMEs) are at the forefront of innovation and developing world-class solutions to combat climate change. Supporting their efforts strengthens Canada's role as a global leader in clean technologies and fosters a sustainable and competitive economy. Strategic regional investments empower local innovators to turn bold ideas into real-world benefits for all Canadians.
The National Research Council of Canada Industrial Research Assistance Program (NRC IRAP) and Innovate BC are investing a combined total of $1.5 million in funding for 11 companies in B.C. that are piloting innovative clean technologies to support the development of a greener B.C. and foster growth in the province's cleantech sector. This funding is provided through the BC Fast Pilot program, a joint initiative between NRC IRAP and Innovate BC.
The BC Fast Pilot program helps SMEs design, build and operate their technology at pilot scale and in real-world conditions. The program allows B.C. technology companies to show the impact of their product, measure the value of their solution and encourage customer adoption. For customers, the program offers a way to minimize some of the risks that traditional industries encounter when adopting new technologies.
