Innovation, Science and Industry Minister Navdeep Bains announced Thursday that the Government is investing $41.8 million in 10 Canadian small businesses in the clean technology sector.
The funds are being distributed through Sustainable Development Technology Canada (SDTC), the country’s largest funder of cleantech entrepreneurs. SDTC provides non-repayable grants to Canadian businesses seeking to develop and deploy globally competitive cleantech solutions.
“Cleantech companies like the ones we are investing in today are helping to position Canada as a leader in an expanding market as investors and businesses seek sustainable growth,” said Minister Bains. “Investments in clean technology support the work of Canadian innovators to reduce Canada’s environmental footprint and grow economic opportunities.”
Canada is currently the leader in the G20 when it comes to cleantech innovation. This sector currently employs 195,000 Canadians.
Who Got Funded.
- Aspire Food Group in ON got $10M. It is building the first fully automated cricket farm.
- Anomera in QC got $5M. It manufactures carboxylated cellulose nanocrystals from sustainably harvested forests using a patented eco-friendly method.
- Sollum Technologies Inc. in QC got $5M. It has created the only smart lighting solution that dynamically recreates and modulates the full spectrum of the sun’s natural light.
- Click Materials in BC got $4.6M. It is developing a next-generation electrochromic window solution.
- Effenco in QC got $4.25M. It has developed a commercial truck connectivity platform.
- Quebe Technologies Inc. in AB got $3M. It has developed an industrial Internet of Things (IIoT) device for the oil and gas sector.
- Salient Energy in NS got $3M. It has invented a new zinc-ion battery.
- EcoPackers in ON got $2.75M. It transforms agricultural by-products into 100% plant-based and compostable alternatives to traditional plastic inputs.
- CryoLogistics in BC got $2.1M. It has developed an insulated container that uses liquid carbon dioxide as a natural refrigerant for shipping pallet loads.
- Pantonium in ON got $2.1M. It creates digital infrastructure to enable on-demand public transportation.
More details on the recipients are available here.
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