This week the Energy Transition Centre (ETC) welcomed the energy industry, researchers, and investors into their new downtown Calgary space.
The centre will support the research and development of new energy technologies while accelerating the commercialization of promising innovations by supporting new startups. This one-of-a-kind initiative nurtures, improves and steers emerging energy transition technologies into profitable startup businesses.
Prairies Economic Development Canada (PrairiesCan) and CIBC announced an initial investment in the ETC earlier this year, bringing together UCalgary, Innovate Calgary and Avatar Innovations to collaborate with the energy industry.
“As Canada and the world continue to move toward a cleaner and more sustainable economy, our government is supporting our energy industry and its workers in being at the forefront of developing clean technologies,” says Dan Vandal, minister for PrairiesCan.
“Our investments in the Energy Transition Centre and tax credits for clean technologies and clean hydrogen from the Fall Economic Statement, will make a positive and lasting impact on our economy, the environment, and the many families and communities who depend on Alberta’s energy sector for good-paying jobs and a high quality of life.”
UCalgary is a world-renowned place of discovery and a training ground for the talent that will serve tomorrow’s needs. Innovate Calgary brings business acumen and experience with supporting researchers and startups to make an impact as can be seen with the success of Life Sciences Innovation Hub.
Together they are taking a unique approach aimed at connecting industry and community with research and technology developed at the university, tapping into the talent, expertise and resources available on campus.
Photo: Riley Brandt, University of Calgary