LDC Tomorrow Fund
The purpose of the LDC Tomorrow Fund is to fund research projects and
finance energy innovation and opportunities for the benefit of Local
Distribution Companies (LDCs) in Ontario.
Who Can Apply for Funding?
Funding is available to LDCs, government agencies, academic institutions, and others who work in the electricity industry whose initiatives meet certain screening criteria.
Who Administers the Fund?
Decisions or approval for funding are made by the Trustees. The Electricity Distributors Association is the contract Fund Manager assisting the LDC Tomorrow Fund Trustees in administrative activities.
What are the Screening Criteria?
Trustees evaluate proposed projects using the criteria below:
·
Applications must be related to the development of commercial opportunities within the electricity market of Ontario.
·
Projects are expected to be significantly beneficial to the majority of LDCs in Ontario over the short- and mid-conditions in the new competitive market.
·
Projects must represent the advancement of technology, procedures, knowledge, and experience.
·
Recipients of funding must be prepared to share results and make presentations on the results of the project.
Your application must address all four of the above criteria.
How to Apply for Funding
Funding applications must provide a project plan that includes the following information:
·
Applicant Name
·
Location(s) of Applicant
·
Project Description
·
Project Benefits to LDCs
·
Identification of Innovative Potential
·
Transferability of Results
·
Identification of Commercial Opportunities
·
Funding Request
·
Financial and Other Contributions by the Applicant
·
Budget for the Project and Other Sources of Funds
·
Deliverables
·
Disbursement Timing
· Parties Involved
Learn More About the LDC Tomorrow Fund
For LDC Tomorrow Fund inquiries, please contact: LDCTF@eda-on.ca