This call for innovation is now closed
NorthX has launched Canada’s first CDR funding opportunity, with $3 million in non-dilutive investment available to Canadian-based innovators driving early-stage, hard-tech carbon dioxide removal solutions to decarbonize BC and Canada.
Canada is uniquely positioned to lead global efforts in CDR, thanks to its vast natural resources, strong innovation ecosystem, and world-class academic institutions. British Columbia is poised to play a central role with its thriving cleantech sector and industries, such as mining and forestry, that can drive the advancement in CDR technologies. By fostering national expertise, NorthX aims to bring innovations to BC for integration and scaling.
Affiliates of Shell Canada support NorthX on this innovation call and will consider the purchase of CDR credits from funded companies.1
1 Subject to review of projects and commercial terms.
Who can apply
The Call for Carbon Dioxide Removal Innovation is open to Canadian climate tech companies developing CDR solutions in Canada, with priority given to those in British Columbia. Eligible technologies include, but are not limited to, direct air capture and storage, mineralization, ocean alkalinity enhancement, and biomass carbon removal and storage. Companies should demonstrate the potential to scale their innovations in alignment with emissions reduction goals and economic growth.
Applications will be accepted until April 30, 2025, at 5:00 PM PT
For more information, watch the Q&A webinar on-demand. You can also download the slides.
If you have any questions, please contact CDRcall@cice.ca.
| An invitation to partnership To innovate and implement carbon dioxide removals solutions, we believe in leveraging knowledge across industries to swiftly incorporate past learnings and address current barriers. To achieve this, we are proactively pursuing partnerships to consolidate funding, establish blended funding mechanisms, incorporate diverse perspectives into the selection process, and engage the community to ensure the success of the chosen participants. We welcome the involvement of interested parties who have resources to offer and who share our passion for bringing these solutions to life. If you or your organization is interested in joining forces with us to help make a positive impact, we look forward to connecting. Contact us: info@northx.ca |
