Alberta investing up to C$70 million for green energy and biotech challenge

In Canada, the Alberta government and Emissions Reduction Alberta (ERA) are encouraging biotechnology, electricity and sustainable transportation innovators to develop new clean-technology projects to cut their energy costs, while reducing greenhouse gases.

Up to C$70 million is available through the Emissions Reduction Alberta (ERA) Biotechnology, Electricity and Sustainable Transportation (BEST) Challenge. The challenge will help attract new investment, create jobs, cut energy costs, deliver improved environmental outcomes and build a more diversified economy.

ERA’s BEST Challenge is open to technology developers, industry, industrial associations, small and medium-sized enterprises, research and development organizations, post-secondary institutions, municipalities, not-for-profit organizations, government research labs and individuals. Collaboration and engagement with Alberta’s post-secondary and research institutions is encouraged.