This morning the B.C. Centre for Innovation and Clean Energy (CICE) announced a new funding avenue for emerging B.C.-based ventures that have recently graduated from university entrepreneurship programs.
In partnership with entrepreneurship@UBC-O, entrepreneurship@UBC-V, SFU VentureLabs, UNBC Innovation Program and UVic Coast Capital Innovation Centre, $75,000 in early-stage funding will be allocated to a maximum of twelve ventures. This funding will allow climate startups to take their innovation to the next step toward commercialization.
“CICE is primed to advance the commercialization of up to twelve breakthrough clean energy and climate solution ventures rooted in British Columbia,” shared Todd Sayers, CICE’s Chief Operating Officer.
“Our universities have an impressive track record of cultivating amazing companies, including Moment Energy from SFU VentureLabs, and Arca and Takachar from entrepreneurship@UBC-V, all of whom have received support from CICE as they scale their clean energy solutions from B.C. to the global stage. Our collaborative effort to provide catalytic funding when it’s most critical will accelerate Canada towards the ultimate objective of realizing net-negative emissions.”
Applications for the university innovation call will be accepted from January 22nd to March 4th, 2024, with funding decisions announced in April 2024.