New funding to help businesses reduce energy costs

Small and medium-sized businesses are the backbone of the Alberta economy. They make up about 96 per cent of businesses and employ hundreds of thousands of Albertans, making them an important part of reducing emissions while creating jobs across the province.

Funded by Alberta’s Technology Innovation and Emissions Reduction system, Emissions Reduction Alberta’s Emerging Innovators Challenge will help fund scale-up, pilot and first-of-kind emissions-reduction projects. The $40 million will help support new ideas and innovations that have not been commercialized before in everything from energy efficiency and heating to digital solutions and reducing methane emissions – and a whole lot more. These projects will help businesses reduce costs, increase efficiency and stay competitive.