Canadian cleantech entrepreneurs are making huge strides on solutions to the world’s most pressing challenges, including technology for energy-efficient buildings, advances in sustainable agriculture and innovation in water security.
Cleantech businesses contributed more than $28.2 billion to the Canadian economy in 2021 and exported $9.2 billion in goods and services.
In 2021, the cleantech sector employed more than 188,000 Canadians in rewarding, well-paying jobs with women accounting for 41% of all jobs in the sector.
This week the Government of Canada announced investments totalling $68.2 million in 17 Canadian cleantech companies through Sustainable Development Technology Canada (SDTC).
Among the recipients that work in a wide range of cleantech sectors, such as agriculture, transportation, waste management and energy conservation are seven from Alberta.
Calgary’s Arolytics ($400,000 in funding) is a women-led cleantech start-up that is developing software that enables oil and gas companies to identify cost-effective solutions to their emission management challenges.
Calgary’s Carbonova ($2 million) is a a women-led company that is developing a process that employs captured CO2 and methane to create carbon nanofibers used to improve the mechanical strength of concrete and other materials.
Edmonton’s Aurora Hydrogen ($3.9 million) is a cleantech startup that is pioneering an innovative process that uses microwaves to produce turquoise hydrogen, with no direct CO2 emissions or water consumption.
Edmonton’s Future Fields ($5 million) is a women-led biotechnology company that is scaling up its revolutionary process to produce the proteins needed to culture more cost-effective, less carbon-intensive meats.
Calgary’s Synergraze ($1.3 million) is a women-led agricultural company that is developing a seaweed-derived feed additive capable of cutting methane emissions from cattle digestion by up to 90%, reducing the environmental impacts of cattle-rearing.
Calgary’s Provision Analytics ($2.6 million) is a leading-edge software company that is advancing its digital platform, using analytics and machine learning, to monitor food safety and quality data to discover ways to minimize waste across the food supply chain.
Calgary’s ZS2 Technologies ($2.6 million) is a construction technology pioneer that is developing a process to make low-carbon magnesium cement by combining waste products while reducing environmental impacts.
The SDTC funding will help them develop clean technologies with the potential to deliver significant environmental and economic benefits for Canadians.