Low Carbon Economy Challenge - Low Carbon Economy Fund

The Low Carbon Economy Challenge is a Canadian government funding program designed to support projects that reduce greenhouse gas (GHG) emissions. Provided through Canada’s Low Carbon Economy Fund (LCEF), the program challenges applicants to implement specific activities or technologies that have previously demonstrated effectiveness in reducing GHG emissions. There are two streams of funding provided through the Low Carbon Economy Challenge, including a Champions stream and a Partnerships stream.

Low Carbon Economy Challenge: Champions Stream

  • Amount: Up to 25% of eligible expenses (businesses) or up to 40% of eligible expenses (non-profits and regional/municipal governments) to a maximum $50 million per project. Applicants must have a minimum funding ask of $1 million.
  • Eligibility: For-profit businesses, provinces and territories, regional and municipal governments, Indigenous communities and organizations, public sector organizations, and non-profits.
  • Project Focus: GHG mitigation projects including: Building energy efficiency and fuel switching, industrial projects, forestry, agriculture, waste, transportation, low-emissions fuel production, electricity and/or energy production.
  • Timeline: Currently closed. Projects are expected to be fully approved in late 2018. Projects can last up to four years in length.

Low Carbon Economy Challenge: Partnerships Stream

  • Amount: Up to 25% of eligible expenses (businesses) or up to 40% of eligible expenses (non-profits and regional/municipal governments) to a maximum $10 million per project. Applicants must have a minimum funding ask of $1 million.
  • Eligibility: Canadian small and medium-sized businesses with fewer than 500 employees, regional or municipal governments with a population less than 100,000, Indigenous communities and organizations.
  • Project Focus: GHG mitigation projects including: Building energy efficiency and fuel switching, industrial projects, forestry, agriculture, waste, transportation, low-emissions fuel production, electricity and/or energy production.
  • Timeline: Not currently available but is expected to launch in late 2018.

Canadian Government Funding for Small Business