Ottawa, Ontario, September 5, 2012 -
Sustainable Development Technology Canada (SDTC) has announced it
will be accepting applications for funding from entrepreneurs from
September 5 to October 24th, 2012.
"In every corner of this country, some of Canada's brightest
minds are developing technology that brings together economic
prosperity and environmental responsibility," said SDTC President
and CEO Vicky Sharpe.
"We want to work with these entrepreneurs to help bring their
projects to commercialization. These clean technologies are the key
to Canada's future growth and prosperity."
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. 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 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, including
natural gas, and improved energy efficiency of transportation, the
built environment and industrial processes.
- Agriculture: Increase yield and improve temperature and
drought resistance of agricultural crops and mitigate land-use
changes and biodiversity loss.
- Northern/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 SDTC portfolio is currently comprised of 228 clean
technology projects, for a total value of $2 billion, of which over
$1.4 billion is leveraged primarily from the private-sector.
Workshops
SDTC will host a series of workshops in the next few weeksto
guide prospective applicants through the process, ensuring the best
ideas rise to the surface. A schedule of these workshops is
available at www.sdtc.ca/workhops.
Potential applicants are encouraged to review the Statement of
Interest process and funding requirements at www.sdtc.ca/applications. Questions related to
applications can be directed to applications@sdtc.ca.
About SDTC
Sustainable Development Technology Canada (SDTC) is an
arm's-length foundation created by the Government of Canada which
has received $1.09 billion 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 $590
million SD Tech Fund™ supports projects that address climate
change, air quality, clean water, and clean soil. The $500
million NextGen Biofuels Fund™ supports the establishment of
first-of-kind large demonstration-scale facilities for the
production of next-generation renewable fuels.
SDTC has been a past sponsor at GLOBE Series events and a long
time partner with GLOBE in helping Canadian clean technology
companies to grow and prosper.