Today’s funding announcement also marks the first anniversary of SDTC’s Seed Fund program. In its first year alone, the Seed Fund has worked with 52 accelerators to support 75 small firms with big ideas for a more sustainable world. Through the Seed Fund, SDTC is able to reach a broader community of entrepreneurs across Canada, including women-led companies as well as those led by underrepresented groups.

The successful recipients of this latest round of funding highlight the breadth of innovation happening across the country, in every sector of our economy. From carbon capture and recycling technologies to designing low-energy brakes for aircrafts to developing sensors and AI to evaluate the health of beehives and increase pollen yields, these companies are bringing ground-breaking environmental solutions to Canadians.

“Despite the many challenges for businesses over the past year, cleantech entrepreneurs continue to forge ahead with innovative solutions for a more sustainable economy” said SDTC President and CEO Leah Lawrence. “I’m continuously inspired by the breakthrough technologies we see in applications to the Seed Fund. To the successful recipients of this round, we are proud to fund cleantech leaders like you, who are helping Canada transition to a Net Zero economy.”

“We congratulate all of the clean-tech visionaries across Canada who will get a flying start through the Seed Fund to turn their ideas into realities,” said the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry. “These cutting-edge firms are helping to drive our economic recovery, leading the fight against climate change and creating well-paying jobs. Through these investments, our government is strengthening Canada’s position as a global leader in clean technology and helping to realize our shared vision of a cleaner, more resilient and sustainable future for all Canadians.”

To view the list of recipients, read the press release here.