Shell Canada has joined the Plug and Play Alberta Sustainability program to leverage emerging technologies while also seeking future partnerships and investments in startups. The collaboration will enable Shell Canada to source and partner with top technology startups.
The Plug and Play Sustainability program focuses on bringing together game-changing ideas from different industries and countries onto one platform to solve some of the greatest environmental challenges that society faces today.
Originating in Silicon Valley in 2019, the program has since expanded to encompass 10 international hubs, accelerated over 160 startups, facilitated 224 pilot projects and proof of concepts, and deployed more than $185 million in capital.
Plug and Play Alberta is building a world-class innovation platform to attract top technology and investment to the region and support Albertan entrepreneurs to scale and grow, hire tech talent, and propel digital transformation across the province.
The consortium, which also includes the Government of Alberta, Edmonton Unlimited, the Opportunity Calgary Investment Fund, and PrairiesCan, allocated $35 million over three years to retain business accelerators. It’s part of the Alberta government’s goal to help create 20,000 jobs and increase technology firm revenue to $5 billion by 2030.
“We are thrilled to welcome Shell Canada into the Plug and Play Alberta family, showcasing our commitment to fostering open innovation on a global scale. This partnership is a testament to our shared vision for leveraging technology to address environmental challenges,” WadeBitaraf, Founder of Plug and Play Energy, said.