SDTC opens new round of cleantech funds
August 28, 2013, Ottawa - Sustainable Development Technology Canada (SDTC) is looking for the next wave of innovative cleantech entrepreneurs. Its SD Tech Fund™ is open for applications from August 28 to October 16, 2013.
“Cleantech is the key to bringing together economic prosperity and
environmental responsibility, and is a cornerstone of what Canada has to
offer its export market,” said Vicky Sharpe, President and CEO of SDTC.
“Canadian entrepreneurs with new technologies and a compelling business
case are encouraged to submit Statements of Interest to the SD Tech
On behalf of the Government of Canada, SDTC finances and supports the
late-stage development and pre-commercial demonstration of clean
technologies. Through its SD Tech Fund™, SDTC helps companies through
the critical juncture when capital and scaling costs become challenges
and the risk profile deters other investors.
SDTC supports technologies that address the challenges of Climate
Change, Clean Air, Soil and Water, including technology solutions
focused on these current technology priority areas:
- Unconventional oil and gas, and responsible natural resources development: Mitigate
environmental impacts associated with Canada’s natural resource sector
through technologies related to unconventional oil and gas, “green
mining”, and forestry.
- Next generation transportation: Technologies
related to next generation vehicles with reduced carbon footprints,
including EV vehicle technologies, advanced trains and aircraft, or
technologies related to EV and CNG/LNG infrastructure that will enable
- Energy efficiency: Technologies that encourage energy efficiency in buildings, industrial water use and industrial processes.
- Clean energy: Technologies that enable clean energy
production, distributed power generation and energy storage.
Technologies related to carbon capture and storage, integrated energy
systems, and biorefinery/biochemical production.
- Agriculture: Technologies that increase yield and
improve temperature and drought resistance of agricultural crops and
mitigate land-use changes and biodiversity loss.
- Northern/remote communities: Innovative
technologies and solutions for self-sufficiency in smaller communities,
such as small scale waste-to-energy and microgrid applications.
The SDTC portfolio is currently comprised of 245 clean technology
projects with a total value of $2.1 billion, of which over $1.5 billion
is leveraged primarily from the private-sector. Look for more info here.