Canada announces $5-million grand prize for four finalists for The Sky’s the Limit Challenge

#ImpactCanadaTheSky’stheLimitChallenge; reducingpollution; #creatingcleaner fuels;
#low-carboneconomy; #CarbonEngineeringLtd;  #Enerkem; #NRCan;  #CrushIt!Challenge,  #FORGEHydrocarbonsCorp; #SAFConsortium;  #WomeninCleantechChallenge, #PowerForwardChallenge, #TheSky’stheLimitChallenge; #IndigenousOff-dieselInitiative; #GreenAviationFuelsInnovationCompetition

Vancouver (B.C.), May 29 (Canadian-Media): An announcement was made today by Amarjeet Sohi, Canada’s Minister of Natural Resources to award four finalists of the Impact Canada The Sky’s the Limit Challenge, with each finalist receiving up to $2 million to develop his or her solution, media reports said.

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Amarjeet Sohi/Facebook

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Congrats to portfolio company @Enerkem and all the finalists of the Sky's the Limit Challenge! @SohiAmarjeet #CEMMI2019 https://t.co/ySciWOFkbL

— Cycle Capital (@CycleCapitalVC) May 29, 2019

The finalists are: Carbon Engineering Ltd for its Sustainable Aviation Fuel., made from Air, Water and Renewable Electricity (British Columbia); Enerkem for its Sustainable Aviation Fuels from Agro and Forestry Biomass and from Municipal Solid Waste through a Hub and Spoke approach (Quebec); FORGE Hydrocarbons Corp for its Lipid-to-Hydrocarbon Biojet Project (Alberta); and SAF Consortium for its Production of Sustainable Aviation Fuel from flue gas–captured CO2 and low-carbon hydrogen (Quebec).
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Carbon Engineering Ltd.

Enerkem

FORGE Hydrocarbons

SAF Consortium

Challenges were designed to attract a diverse range of problem solvers to generate breakthrough cleantech solutions to some of Canada’s biggest unsolved challenges. NRCan is investing $75 million over four years in the challenges: Women in Cleantech Challenge, Power Forward Challenge, Crush It! Challenge, The Sky’s the Limit Challenge and Indigenous Off-diesel Initiative and the upcoming battery challenge.

Launched in August 2018, The Sky’s the Limit Challenge consists of two competitions.

First, the Green Aviation Fuels Innovation Competition challenges Canadian innovators to develop the cleanest, most affordable and sustainable aviation fuel to further reduce pollution from flying. The finalists will now enter an 18-month period to produce the fuel. In March 2021, the team with the best sustainable aviation fuel will be awarded a $5-million Grand Prize to help commercialize their innovation.

Second, in partnership with Air Canada and WestJet, the Cross-Canada Flight Competition is challenging industry to power the first ever cross-Canada commercial flight with a minimum 10 percent blend of made-in-Canada sustainable aviation fuel. The flight competition is open until January 1, 2021, and the first producer to meet the challenge will win $1 million.

The Sky’s the Limit is one of six cleantech challenges that are part of the Impact Canada Initiative. Challenges were designed to attract a diverse range of problem solvers to generate breakthrough cleantech solutions to some of Canada’s biggest unsolved challenges. NRCan is investing $75 million over four years in the challenges: Women in Cleantech Challenge, Power Forward Challenge, Crush It! Challenge, The Sky’s the Limit Challenge and Indigenous Off-diesel Initiative and the upcoming battery challenge.

With the success of the five existing Impact Canada challenges, Sohi announced during the Clean Energy and Mission Innovation Ministerial meetings in Vancouver -- where ministers, high-level officials and business leaders from over 25 countries gathered to accelerate progress toward a clean energy future -- of  a sixth challenge on battery innovation, which will be unveiled in the coming weeks. 
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 (Reporting by Asha Bajaj)