OilTech Innovation Fund
Supports technology innovation in Newfoundland and Labrador's offshore oil and gas sector. Funds research, prototyping, and commercialization of solutions for harsh environment operations, emissions reduction, digital oilfield technologies, and decommissioning innovations.
Deadlines
- Intake type: Fixed intake windows
- Typical processing time: 10-14 weeks
What you'll need
Technical innovation proposal
Detailed description of the technology, its novelty, target application in offshore operations, and commercialization pathway.
Industry partnership letter
Letter of support or partnership agreement from an oil and gas operator or service company validating the technology need.
IP and prior art summary
Summary of existing intellectual property, patent searches conducted, and how the proposed innovation differs from prior art.
Official program page · Details verified Mar 26, 2026
Related funding
- Agri-Food Innovation Fund — Ontario, up to $400,000
- Emissions Reduction Alberta ERA Grants — Alberta, up to $5,000,000
- Investissement IA Quebec - Scale AI Provincial Support — Quebec, up to $1,000,000
- Investissement Quebec Innovation Financing — Quebec, up to $3,000,000
- New Brunswick Innovation Foundation Startup Support — New Brunswick, up to $150,000
- NRC Industrial Research Assistance Program — Federal, up to $250K+