Sixteen clean technology projects from across the country will receive $58m in funding from the Goverment of Canada to help move innovative technology solutions in the field of energy utilization, transportation and waste management to the market.
The decision was taken by the Board of Directors of Sustainable Development Technology Canada (SDTC), which is the foundation created by the Government of Canada which has received $1.05 bn as part of the Government’s commitment to create a healthy environment and a high quality of life for all Canadians.
SDTC operates two funds aimed at the development and demonstration of innovative technological solutions. The $550m SD Tech FundTM supports projects that address climate change, air quality, clean water, and clean soil. The $500m NextGen Biofuels FundTM supports the establishment of large demonstration-scale facilities for the production of next-generation renewable fuels.
The newly funded projects are representative of the investment priorities established in the SD Business CasesTM, a series of six reports published by SDTC and which provide strategic insights into specific economic sectors. The latest report on industrial freight transportation was released on December 2, 2009. Other sectors previously studied include clean conventional fuels, renewable electricity and commercial buildings.
This funding round include technologies that will help reduce the environmental impacts of the transportation sector by using renewable energy such as electricity and hydrogen to power vehicles and biomass-related technologies that will add value to Canada’s forestry and agricultural industries, furthering the development of a bio-based economy.
The 16 funded projects include the following:
1. Lead organization: Agrisoma Biosciences Inc., Vancouver, British-Columbia
Economic Sector: Agriculture
2. Lead organization: Automotive Fuel Cell Cooperation Corp. (AFCC),
Burnaby, British-Columbia
Economic Sector: Transportation
3. Lead organization: Ballard Power Systems, Burnaby, British Columbia
Economic Sector: Transportation
4. Lead organization: Entropex, Sarnia, Ontario
Economic Sector: Waste Management
5. Lead organization: Exro Technologies Inc., Vancouver, British-Columbia
Economic Sector: Power Generation
6. Lead organization: Ferme Olivier Lepine inc., St-Alexis, Quebec
Economic Sector: Agriculture
7. Lead organization: HTEC Hydrogen Technology & Energy Corp., Delta, British-Columbia
Economic Sector: Transportation
8. Lead organization: MacDonald Dettwiler and Associates Inc., Brampton, Ontario
Economic Sector: Transportation
9. Lead organization: Morgan Solar Inc., Toronto, Ontario
Economic Sector: Power Generation
10. Lead organization: Nutra Canada, Champlain, Quebec
Economic Sector: Waste Management
11. Lead organization: Pulse Energy, Vancouver, British-Columbia
Economic Sector: Energy Utilization
12. Lead organization: RSW Inc., Montreal, Quebec
Economic Sector: Power Generation
13. Lead organization: SBI BioEnergy Inc., Edmonton, Alberta
Economic Sector: Energy Utilization
14. Lead organization: SunOpta BioProcess Inc., Brampton, Ontario
Economic Sector: Energy Exploration and Production
15. Lead organization: Tekle Technical Services Inc., Edmonton, Alberta
Economic Sector: Forestry, Wood Products and Pulp & Paper Products
16. Lead organization: Terragon Environmental Technologies Inc., Montreal, Quebec
Economic Sector: Waste Management
SDTC will be launching its next call for Statements of Interest (SOI) for the SD Tech Fund on February 24, 2010. Applicants with projects that bring technological solutions which fall under the investment priorities established in the SD Business CasesTM and that address climate change, clean air, clean water and clean soil issues are encouraged to apply.
FinSMEs
13/01/2010