CICE is introducing a new funding avenue for emerging B.C.-based ventures that have recently graduated from university entrepreneurship programs. $75,000 in early-stage funding will be allocated to a maximum of twelve ventures nominated from leading universities across British Columbia.

APPLICATIONS WILL BE ACCEPTED FROM JANUARY 22 (9AM PT) UNTIL MARCH 4 (5PM PT)

University Call Q&A (Recorded December 12, 2023)

The funding opportunity

The pathway to securing early-stage funding and partnerships is challenging, especially for early-stage ventures fresh out of universities. Many innovative ideas lose momentum due to a lack of critical support – including solutions with the potential to be the next groundbreaking advancement in the transition to clean energy and decarbonization. 

In response to this critical need, CICE has partnered with entrepreneurship@UBC-O, entrepreneurship@UBC-V, SFU VentureLabs, UNBC Innovation Program and UVIC Coast Capital Innovation Centre to bridge the funding gap that typically hinders ventures between early solution validation and the development of a commercialization strategy (Technology Readiness Levels 4-9). Ventures applying must be incorporated in British Columbia.

The funding will be structured in two stages, beginning with an initial upfront grant of $75,000 per selected venture, and additional follow-on funding contingent on successful project milestone achievements. Funding priority will be given to ventures that are on the pathway to developing scalable technology solutions and business models with high decarbonization potential, aligned to the following CICE focus areas:

  • Battery technology and energy storage
  • Bio and synthetic fuels
  • Carbon management
  • Low carbon hydrogen

How to apply

Clean energy ventures that are interested in applying will need to seek nomination from their respective B.C. university entrepreneurial program. Participating entrepreneurial programs and designated leads are listed here:

UniversityProgramLeadEmail
Simon Fraser UniversitySFU VentureLabsThomas Partridgeinc_changinstitute@sfu.ca
University of British Columbia entrepreneurship@UBC-VSean Lumbsean.lumb@ubc.ca
University of British Columbia Okanaganentrepreneurship@UBC-OKayla Cartlidgekayla.cartlidge@ubc.ca
University of Northern British ColumbiaUNBC Innovation Program Mark Barnesmark.barnes@unbc.ca
University of Victoria UVIC Coast Capital Innovation CentreJerome Etwarooicead@uvic.ca
Each entrepreneurial program has the ability to nominate up to 3 clean energy ventures.

For full details on how to apply, download the 2024 CICE UNIVERSITY CALL FOR INNOVATION GUIDE

2024 CICE University Call for Innovation timeline

If you have questions, contact info@cice.ca

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