Ottawa, Ontario, August 31, 2011 - If you have
an innovative clean technology, we want to hear from you.
That is the message Sustainable Development Technology Canada
(SDTC) sent out today as it announced its 20th round of funding,
which will be open until October 19, 2011.
"We are looking for technology solutions that will strengthen
Canada's economy by helping its main industries be more efficient,
creating jobs and increasing its global competitiveness," said SDTC
President and CEO Vicky Sharpe.
"Canadian entrepreneurs and technology developers with new
technologies and a compelling business case are encouraged to
submit Statements of Interest to the SD Tech Fund™."
SDTC is a not-for-profit corporation created and funded by the
Government of Canada to finance and support the late-stage
development and pre-commercial demonstration of clean
technologies.
SDTC helps companies through the critical juncture when capital
and scaling costs become formidable challenges and the risk profile
deters many other investors.
SDTC supports technologies that address the challenges of
Climate Change, Clean Air, Soil and Water, including technology
solutions focused on these current priority areas:
- Natural Resources: Mitigate environmental impacts
associated with Canada's natural resource sector including "green
mining", cleaner fossil fuels and forestry
- Clean Energy: Enable cleaner energy production and
improved energy efficiency of transportation, the built
environment, and industrial processes
- Soil and Water: Improve the efficiency of the largest
water users and address the most sensitive points of water and soil
contamination
- Agriculture: Increase yield and improve temperature and
drought resistance of agricultural crops and mitigate land-use
changes and biodiversity loss
- Northern and Remote Communities: Innovative solutions for
self-sufficiency in smaller communities
In addition, SDTC's SD Business Case™ reports should be used to
identify additional priority investment areas. These reports are
available in the Knowledge Centre section of the SDTC website at www.sdtc.ca.
The SDTC portfolio is currently comprised of 223 clean
technology projects, for a total value of $1.9 billion.
"Canada is a hotbed for cleantech, as SDTC's current portfolio
already shows," said Sharpe. "We are excited to hear about
some of the up-and-coming projects being developed across Canada
and are looking forward to adding more promising projects to our
portfolio."
Potential applicants are requested to first review the Statement
of Interest process and funding requirements at
sdtc.ca/applications and then schedule an initial call with an
Applications Manager by emailing applications@sdtc.ca.