# NGIF

NGIF is a Private Equity based in Ottawa, Canada.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Ottawa, Canada
- **Region:** North America
- **Address:** Ottawa, ON, Canada
- **Founded:** 2021
- **Assets under management:** Undisclosed
- **Website:** www.ngif.ca
- **LinkedIn:** https://www.linkedin.com/company/ngif

## Regulatory record

- **Reports private funds:** No

## About

NGIF Capital is a venture capital firm offering equity financing for cleantech startups with solutions for the gaseous energy sector. It brings Canada’s energy industry leadership to every investment. NGIF Capital and its subsidiary NGIF Accelerator collaborate to expedite startups from concept to commercialization. NGIF Accelerator is the not-for-profit arm that operates NGIF’s technology and innovation programs.

## Sectors

- Energy Transition & Renewables
- ClimateTech
- Venture (General)
- Early Stage

## Offices

- Calgary, AB, Canada
- Montreal, QC, Canada

## People

- John — President and CEO, NGIF Capital; President and CEO, NGIF Accelerator; Managing Partner, Cleantech Ventures

## Questions

### Is NGIF Capital a single entity or a collection of programs?

It is a parent corporation with two arms: NGIF Capital, a for-profit VC manager, and NGIF Accelerator, a not-for-profit subsidiary that runs the Industry Grants Program and the Emissions Testing Centre. Both report to the same President and CEO and share a board.

### What size are NGIF's venture checks, and at what stage does it invest?

Cleantech Ventures Fund I, at $55 million, targets early-stage equity investments. The parallel $22 million grants program provides non-dilutive funding for pre-commercial pilot projects, meaning NGIF can support a company from lab-scale trial through a Series A without crowding out other VCs.

### Who are the limited partners in Cleantech Ventures Fund I?

Publicly named LPs include ARC Resources, Birchcliff Energy, FortisBC, and Tidewater Midstream, according to the firm's website. These operators also act as host sites for pilot projects run by portfolio companies.

### Does NGIF invest outside Canada?

The fund's mandate is anchored to the Canadian gaseous energy sector; its emissions-testing infrastructure and grant programs operate domestically. The firm has not disclosed a mandate to write equity checks into companies headquartered outside Canada.

### How is NGIF governed?

NGIF Capital Corporation is overseen by an independent board of directors with a separate chair. The board holds accountability for financial management, strategic direction, and business affairs, creating a governance layer between the Canadian Gas Association's membership and the investment decisions.

### What is the Emissions Testing Centre, and why does it matter for portfolio construction?

It is a $29 million industry-funded testing platform where startups plug into real gas infrastructure to validate emissions-management and quantification technology. For LPs, it functions as a technical due-diligence layer that de-risks investments before the venture fund deploys follow-on equity.

## Related profiles

- [NGEN Partners](https://altss.com/profile/ngen-partners)
- [NGM Group](https://altss.com/profile/ngm-group)

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Last updated: 2026-08-11T15:07:34.613Z

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