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The Research Institution GAP Fund and Accelerator Program Summit

University of Calgary awarded $75-million research grant for cleantech, energy

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October 23-25, 2024 / Atlanta, GA

The annual summit for research institution gap fund and accelerator programs, including proof of concept programs, startup accelerators, and university venture funds

The Story

The University of Calgary has been awarded $75 million over seven years from the Canada First Research Excellence Fund (CFREF) for its Global Research Initiative in Sustainable Low Carbon Unconventional Resources. The goal of this research is to dramatically reduce the impact of energy extraction and energy use on the environment. The funding is part of a $900-million research announcement made by the federal government Tuesday.

“The Canada First Research Excellence Fund will equip Canada to respond to some of the most pressing issues it will face in the future: brain health, sustainable food and water supplies, environmental concerns, and future energy supplies,” says the Honourable Kirsty Duncan, Minister of Science. “The research supported through this Fund will make the country stronger, and provide Canadians with an increased sense of optimism for the future.”

Collaborating for a safer, cleaner, more secure energy future

“I want to thank the Government of Canada for continuing to support the University of Calgary’s transformative research to reduce the environmental impact of unconventional hydrocarbon resources,” says Elizabeth Cannon, president and vice-chancellor of the University of Calgary. “Our world-class team of researchers and scholars, in collaboration with the Southern Alberta Institute of Technology and our many partners in Canada and around the world, is developing new ways to transition to a safer, cleaner, and more secure energy future. Calgary is Canada’s energy capital and a hub of clean energy technology and innovation. This funding will help guide our country into a new age of sustainable energy and prosperity.”

The Global Research Initiative seeks solutions to greatly reduce the environmental footprint of existing fossil fuel supply chains and takes the bold step of seeking innovative, fossil fuels-based energy systems that are low- or even zero-carbon.

Source: University of Calgary awarded $75-million research grant | UToday | University of Calgary

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