Grid Innovation Fund
GrantCanada — federal
The Grid Innovation Fund supports innovative projects that achieve electricity bill savings for Ontario ratepayers by enabling greater competition in electricity markets or helping customers better manage energy consumption. The fund invests in specific projects (not companies) that validate the performance and business case of promising new technologies, practices, and services, and supports projects that identify and mitigate market barriers to accelerate adoption of cost-effective energy solutions.
What you'll need
- Project proposal with clear objectives
- Business case documentation
- Technical specifications for the innovation
- Project timeline and budget
- Evidence of incorporation (for-profit or non-profit)
How it works
What it can fund
- Validate performance of new energy technologies
- Demonstrate business case for innovative practices
- Identify and mitigate market barriers to energy solutions
- Enable customers to better manage energy consumption
- Reduce costs of maintaining reliable grid operation
Related programs
- GrantAboriginal Entrepreneurship Program: Access to CapitalCanada — federal · $1,000 – $250,000
- GrantACOA — Business Development Program — Non-commercial componentNew Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador
- GrantACOA — Regional Artificial Intelligence Initiative (REGI)New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland and Labrador