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Sustainable Development Technology Canada Awards $8.1 Million in Funding to Three BC EcoTech Companies
Thursday, October 6, 2022Company Profile | Follow Company
Vancouver, BC, October 6, 2022--(T-Net)--Sustainable Development Technology Canada (SDTC) has announced an investment of $18.7 million in six innovative Canadian companies working in sectors ranging from agriculture to aquaculture, to waste management and clean energy solutions.
The following three BC companies will receive $8.1 million in funding from SDTC:
Other Canadian companies outside of BC receiving funding include:
"Canadians are committed to solving the climate crisis, and Canadian companies are seizing the opportunity that comes with developing sustainable solutions. These exciting breakthroughs are driven by world-class Canadian entrepreneurs leading the way in science, technology, and innovation." said François-Philippe Champagne, Minister of Innovation, Science, and Industry.
"Canada's entrepreneurs have the ideas that will help solve some of our planet's most pressing environmental problems, but they cannot do it alone. With our support and funding at all stages of development, we are helping companies reach commercialization faster so that they can tap into the strong global demand for sustainable solutions across every sector of the economy." stated Leah Lawrence, President, and CEO of SDTC.
About Sustainable Development Technology Canada (SDTC)
Sustainable Development Technology Canada (SDTC) helps Canadian companies develop and deploy competitive, clean technology solutions, to help solve some of the world's most pressing environmental challenges: climate change, clean air, clean water and clean soil.
We do this through funding, knowledge and ecosystem connectivity - making a difference in today's hypercompetitive global market for clean technologies. By taking a cross-Canada approach, in partnership with the best peers and experts, we are the global benchmark for sustainable development innovation programming.
As an independent federal foundation and flagship program, our funding of Canadian entrepreneurs has created jobs, growth and long-term prosperity for Canada. Since inception, SDTC has invested over $1.38billion in 460 companies, creating nearly 17,000 jobs. Our companies have reduced greenhouse gas emissions by an estimated 22.4 megatonnes annually, that is equivalent to taking almost 7 million cars off the roads every year.
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