How To Apply
- Make sure your idea aligns with ERA’s areas of focus as identified in our Technology Roadmap.
- Check the Open Opportunities section to find out if there are any funding opportunities available for submission.
- For any Open Opportunities of interest, be sure to read the Guidelines Document to fully understand the scope and focus of the opportunity.
- Submit an Expression of Interest. See the Funding Process section for further detail about the application process.
- If your proposal is shortlisted, you will be notified by ERA and invited to submit a Full Project Proposal.
Applications submitted for funding consideration are evaluated using a multi-stage process to ensure that the funds entrusted to ERA are invested in accordance with its mandate.
$50 Million ERA Oil Sands Innovation Challenge
The $50 million ERA Oil Sands Innovation Challenge is a funding opportunity for innovators who are seeking funding to advance technologies that reduce GHG emissions and increase the global competitiveness of Alberta’s oil sands industry.
ERA Funding Process
As groundbreakers, we know there’s no reward without risk.
ERA is investing in a diverse portfolio of transformative, sustainable technologies that reduce GHG emissions and position Alberta for success in a lower-carbon economy.
Projects submitted for funding consideration are evaluated through a rigorous process to ensure that ERA’s funds are invested prudently.
ERA uses a Call for Proposals process that is divided into two stages, the Expression of Interest (EOI) stage and the Full Project Proposal (FPP) stage. This is then followed by Contracting and Project Execution. The following description outlines the process that ERA follows for its Call for Proposals funding initiatives. While this procedure is used in each case, some adaptations are made to achieve the greatest outcomes for each initiative. ERA typically finalizes its funding decisions approximately six months after receiving the original Expressions of Interest.
The entire ERA evaluation process involves participation by an independent Fairness Monitor that reports directly to the ERA Board of Directors to ensure that all applicants are treated in a fair and equitable manner. The Fairness Monitor’s findings are presented to ERA’s Board of Directors before any funding decisions are made.
Expressions of Interest
ERA’s evaluation process begins with submission of an Expression of Interest (EOI), which outlines the proposed project and technology advancement opportunity. A firm deadline is provided for all interested applicants to submit an EOI.
Each EOI is evaluated by a team of experts with a breadth of knowledge in the areas of science, engineering, business development & growth, financing, and greenhouse gas quantification. The review team uses a standard and transparent set of criteria to evaluate each project’s potential to make an important contribution to the achievement of ERA’s goals.
Projects that are well-aligned with ERA’s mandate and demonstrate high potential to achieve the objectives identified in the funding guidelines are shortlisted, and those applicants are invited to submit Full Project Proposals (FPPs).
Full Project Proposals
Applicants invited to submit Full Project Proposals (FPPs) are provided with instructions and guidelines, and assigned a Proposal Advisor who provides guidance and assistance to help applicants ensure that proposals are completed fully and in accordance with the FPP guidelines. Proposal Advisors also act as the primary point of contact between applicants and ERA, and help ensure that the process is clearly understood.
After submission, all FPPs undergo a detailed evaluation by ERA’s team of experts. Similar expertise is used at the FPP stage (i.e. knowledge in the area of science, engineering, business development & growth, financing, and greenhouse gas quantification), but the composition of the review team may evolve from the EOI stage of the process.
At the FPP stage, a broader and more detailed set of criteria are used to evaluate each project based on its potential to achieve the overarching goals of the funding initiative. Each FPP also undergoes a financial risk evaluation and a GHG quantification assessment to inform ERA’s evaluation and decision-making process.
During the evaluation process, all FPP applicants are invited to deliver a face-to-face presentation to ERA’s review team. The oral presentation is followed by a Q&A period allowing applicants to answer any critical questions the review team may have regarding the proposed project.
The FPP review process concludes with a consensus meeting, where all FPPs are discussed in detail. After detailed discussion, a funding recommendation is reached for each proposed project.
ERA enters into a contractual agreement with all successful applicants. This agreement outlines details such as the project scope, work plan, deliverables and terms of funding, among others. An ERA Project Advisor is also assigned to continue providing guidance and serving as the primary point of contact for ERA.
Over the course of the funded project(s), project proponents are responsible for regularly reporting on progress. A detailed report describing project outcomes, performance and other aspects must be provided to ERA at the conclusion of each project. Information about each funded project and project status information is made available through the ERA Annual Report and in Funded Projects.