CCEMC Seeks Big Ideas from Small Business
The Climate Change and Emissions Management (CCEMC) Corporation ("CCEMC") continues to target GHG reductions with its July 15, 2011 call for Expressions of Interest (EOI) from small and medium enterprises.
The CCEMC has up to $10 million in funding for start-ups and any private organization with less than 250 full-time staff. Contributions will cover up to 50% of a project's cost to a maximum amount of $500,000 per project. CCEMC Chair, Eric Newell, noted that "small and medium sized businesses are historically strong innovators." This call for EOIs looks to tap into Alberta's spirit of innovation and open the door to significant breakthroughs in GHG reduction. The EOIs can target any of the CCEMC's strategic investment areas: energy conservation and efficiency, CCS, biological management, renewable energy and cleaner energy production.
EOIs are due October 19, 2011 and final decisions will be made May 22, 2012. The CCEMC's call for EOIs demonstrates a continued commitment to achieving actual and sustainable reductions in Alberta's GHG emissions, while fostering an emerging green energy sector.
By Patrick Stratton, Student-at-Law