More help for Canadian scaleup companies is coming from the federal Trade Commissioner Service, amid criticism that government isn’t doing enough.
Topic: clean technology
Clean Resource Innovation Network (CRIN) was allocated $100M in the federal budget, and is aiming to make Canada the world’s cleanest oil and gas producer.
The funding represents the largest-ever investment in “direct air capture,” a climate change mitigation technology that captures carbon dioxide directly from the atmosphere.
Emissions Reduction Alberta invests $100 million in 16 new clean tech projects in the areas of sustainable transportation, electricity and biotechnology.
Canada’s first-ever scientific project co-funded by crowdfunding and a federally supported research granting group aims to help a First Nations community in British Columbia harvest shellfish again and safeguard a natural ecosystem.
The funding from the province’s Climate Leadership Plan is being provided through Emissions Reduction Alberta’s Industrial Efficiency Challenge.
Mississauga-based Imtex Membranes receives $6 million from Ottawa to scale up and demonstrate its gas-separating technology for petrochemical operations.
Ottawa is investing $15.3 million in an advanced solar farm in Alberta that will capture energy from both sides of solar panels.
A new multi-stakeholder innovation network aims to dramatically reduce the oil and gas industry’s methane emissions, while growing jobs and high-tech firms.
Emissions Reduction Alberta-Business Development Bank of Canada offers easier and timely access to funding for innovative greenhouse gas-reducing technologies.