SDTC looking for clean tech innovators
By Brandi Cowen
Feb. 25, 2013, Ottawa — Sustainable Development Technology Canada (SDTC) is now accepting applications for funding from SD Tech Fund to support clean tech entrepreneurs.
On behalf of the Government of Canada, SDTC finances and supports the late-stage development and pre-commercial demonstration of clean technologies. Through the SD Tech Fund, SDTC helps companies through the critical juncture when capital and scaling costs become challenges and the risk profile deters other investors.
“This is an exciting time for Canada’s clean tech industry, projected to grow to generate as much as $62 billion in revenues by 2020,” said Vicky Sharpe, SDTC president and CEO. “SDTC is excited to meet and work with another set of clean tech entrepreneurs, bringing technologies to market and changing the way business is being done.”
SDTC supports technologies that address the challenges of climate change, clean air and soil and water, including technology solutions focused on these current priority areas:
- Agriculture: increase yield and improve temperature and drought resistance of agricultural crops and mitigate land-use changes and biodiversity loss.
- Clean energy: enable cleaner energy production, including natural gas, and improved energy efficiency of transportation, the built environment and industrial processes.
- Natural resources: mitigate environmental impacts associated with Canada’s natural resource sector including “green mining,” cleaner fossil fuels and forestry.
- Northern and remote communities: innovative solutions for self-sufficiency in smaller communities.
- Packaged solutions: integrated technology packages that combine one or more clean technologies, such as renewable energy generation, energy storage, and waste and wastewater management.
The deadline to apply is April 17. For more information, visit www.sdtc.ca/applications.
The SDTC portfolio is currently comprised of 245 clean technology projects, for a total value of $2.1 billion, of which over $1.5 billion is leveraged primarily from the private-sector.