{"id":5896,"date":"2022-08-09T11:01:45","date_gmt":"2022-08-09T15:01:45","guid":{"rendered":"https:\/\/sdtc-2024-staging.sociationdev.com\/?p=5896"},"modified":"2022-08-09T13:27:00","modified_gmt":"2022-08-09T17:27:00","slug":"sdtc-expands-its-portfolio-of-young-innovative-canadian-companies","status":"publish","type":"post","link":"https:\/\/sdtc-2024-staging.sociationdev.com\/en\/sdtc-expands-its-portfolio-of-young-innovative-canadian-companies\/","title":{"rendered":"SDTC expands its portfolio of young innovative Canadian companies."},"content":{"rendered":"

16 up-and-coming sustainable tech companies just benefited from SDTC\u2019s Seed Funding stream.<\/span>\u00a0<\/span><\/p>\n

August 9, 2022<\/span> \u2013 Ottawa, Ontario<\/span>\u00a0<\/span><\/p>\n

Today, <\/span>Sustainable Development Technology Canada<\/span> (SDTC) is announcing <\/span>a <\/span>seed funding envelope of $1.6 million<\/span><\/b> to support <\/span>16<\/span><\/b> up-and-coming Canadian<\/span><\/b> companies <\/span><\/b>across Canada.<\/span>\u00a0<\/span><\/p>\n

From <\/span>British-Columbia<\/span><\/b>, through to <\/span>Ontario<\/span><\/b>, <\/span>Quebec<\/span><\/b>, <\/span>New-Brunswick<\/span><\/b> and <\/span>Nova Scotia, <\/span><\/b>these seed companies are coming up with an array of sustainable solutions that fight the effects of climate change, contribute to the circular economy, and promote the well-being of people and the protection of nature.<\/span>\u00a0<\/span><\/p>\n

Seed funding recipients are nominated by SDTC\u2019s pan-Canadian partnership with accelerators, incubators and entrepreneurial service organizations. This seed funding cohort was <\/span>nominated by a network of <\/span><\/b>15 accelerators<\/span><\/b> across Canada. SDTC is committed to nurture and develop that early-stage ecosystem to grow Canadian sustainable innovation towards a Net-Zero future.<\/span>\u00a0<\/span><\/p>\n

This group of technology-diverse companies is working toward<\/span> five objectives<\/span><\/b>: improving our built environment, finding better energy solutions, enhancing our health, food & water, gathering data more efficiently to inform decision-making and reducing waste.\u00a0<\/span>\u00a0<\/span><\/p>\n

Thanks to SDTC Seed funding, these promising early-stage sustainable tech entrepreneurs will be able to invest the grants (ranging from $50,000 to $100,000) towards innovative projects that have the potential to generate economic and environmental benefits to Canada.\u00a0<\/span>\u00a0<\/span><\/p>\n

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Quotes<\/span>\u00a0<\/span><\/p>\n

\u201cCanadian entrepreneurs<\/span><\/i> are driving innovation in our country. Their ideas pave the way toward a more sustainable and prosperous future. SDTC\u2019s Seed Funding allows us to advance Canada\u2019s position as a global leader in clean technology and ensure our success on the path to a net-zero carbon economy.\u201d<\/span><\/i>\u00a0<\/span><\/p>\n

\u2013 The Honourable Fran\u00e7ois-Philippe Champagne, Minister of Innovation, Science, and Industry<\/span>\u00a0<\/span><\/p>\n

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\u201cTo seize the opportunities of the Net Zero economy in Canada, we need to be supporting all stages of innovation. These seed funding recipients show us the next generation of sustainable solutions global markets want and need. SDTC is proud to support these entrepreneurs throughout their journey to commercialization.\u201d <\/span><\/i>\u2013 Leah Lawrence, President, and CEO of SDTC<\/span>\u00a0<\/span><\/p>\n

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Background<\/span>\u00a0<\/span><\/p>\n

The 16 <\/span>up-and-coming Canadian companies<\/span> receiving SDTC seed funding are:<\/span>\u00a0<\/span><\/p>\n

Improving our built environment:<\/span><\/b>\u00a0<\/span><\/p>\n