Small and medium business owners in Ontario have a tight timeline of opportunity to receive federal funding to improve the sustainability of operations and their bottom lines.
The Government of Canada’s newly launched Climate Action Incentive Fund: Small- and Medium-sized Enterprises Project stream, covers new sustainability projects undertaken by businesses with fewer than 500 employees. Eligible projects range from retrofitting a fleet of trucks to use biodiesel, to purchasing energy-efficient industrial equipment upgrades, to adding solar and insulation to an office building. There is $72.4 million is earmarked for Ontario.
Applications for funding are open until October 15, 2019, or until funding is exhausted.
Eligible projects include:
Switches to low emitting fuels in buildings, agriculture, industry, and transportation
Building and vehicle retrofits that save energy by improving efficiency or reducing waste
Improvements to the energy efficiency of industrial and agricultural processes
Low emission fuel production or renewable energy production for own use
The Climate Action Incentive Fund will provide $20,000 - $250,000 to offset up to 25% of the cost of qualifying projects in Ontario, Saskatchewan, Manitoba, and New Brunswick. This first-come, first-served opportunity gives owners of small- and medium-sized businesses a unique chance to get paid to save money for their businesses while doing the right thing for our environment.
For businesses who want to take advantage of the opportunity to go green but don’t know how to get started, contact Kristin Mullin, Executive Director, Sustainable Kingston at 613-544-2075 ext 1 or by email at firstname.lastname@example.org
Sustainable Kingston is one of seven non-profit Green Economy Hubs across Ontario that support businesses with reducing their greenhouse gas emissions while becoming more economically competitive. Hubs provide tools, guidance, and a network of businesses to learn from so that any organization can take action on climate change and seize the business benefits of going green.
Green Economy Canada, in cooperation with Sustainable Kingston, are running webinars to give Green Economy Program Leaders a chance to learn about this incentive by walking through project details and the application process. Want to receive resources like this? Join the program!