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 co-funds technology validation projects and is intended as a precursor to long-term implementation of remote sensing and other monitoring technologies in the resource sector; its primary goal is sustained commercialization of these technologies.
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.
To identify industry-relevant technologies (based on needs identified through consultation with industry in our Sector Assessment process) that are near commercial-ready and may benefit from a validation or demonstration process, LOOKNorth has gone to the broader remote sensing community seeking project proposals. Proposed projects were assessed for funding under our Technology Validation Program.
Since 2012 LOOKNorth has invested over $2.2 million and supported 24 Technology Validation Projects with 34 partners across Canada, leveraging more than $5 million in cash and in-kind support from industry and from other funding bodies.
Going forward, LOOKNorth may accept unsolicited technology development and/or validation project proposals for industry-relevant remote sensing technologies. Proposals provided to LOOKNorth are examined by an evaluation team approved by the Advisory Committee to determine how well they match LOOKNorth’s criteria and desired impacts. The recommendations of the evaluation team are reviewed by the management team and advisory committee, who present the selected projects to the Board of Directors for approval.
Typically, LOOKNorth will co-fund eligible technology development or validation projects up to 50% of eligible project costs* to a maximum of $200k LOOKNorth funding per project. The remaining funds must be provided from an industry sector co-sponsor. Technology validation projects will be supported for a maximum of two (2) years.
*Eligible costs are outlined in the CECR Program Guide, Appendix D, which can be found at on the NCE website.