LOOKNorth`s Technology Validation Program (TVP) promotes the deployment of monitoring technologies to provide breakthroughs in the safe and sustainable development of Canada’s Northern natural resources. The program is intended as a precursor to the long-term implementation of remote sensing and other monitoring technologies in the resource sector.
Sectors of interest are oil & gas, mining, hydro-electricity, and related transportation modes. Regions of interest are Canada`s North both offshore in seas and oceans, and onshore in permafrost and discontinuous permafrost environments. Oil sands areas are also included.
Typically, LOOKNorth will co-fund eligible projects up to 50% of eligible costs to a maximum of $200k LOOKNorth funding per project. The remaining funds must be provided from an industry sector co-sponsor.
LOOKNorth’s primary mandate is to pursue sustained commercialization. Commercialization costs are funded a maximum of 50%. Technology validation projects will be supported for a maximum of two years.