Sustainable Development Technology Canada
Sustainable Development Technology Canada (SDTC; French: Technologies du développement durable Canada) is an arm's-length foundation created by the Government of Canada to fund new clean technologies.
Technologies du développement durable du Canada | |
Agency overview | |
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Formed | 2001 |
Jurisdiction | Government of Canada |
Headquarters | Ottawa, Ontario |
Agency executive |
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Website | www.sdtc.ca |
History
In 2001, the Government of Canada created Sustainable Development Technology Canada (SDTC) as an arm’s-length foundation[1] to “demonstrate new technologies to promote sustainable development, including technologies to address issues related to climate change and the quality of air, water and soil.”[2] These clean technologies, such as fuel cells and biofuels, are developed through public-private partnerships with SDTC acting as a funder.[3]
Investments
SDTC has invested in about 300 projects throughout Canada.[4] On average 33% (up to 40%) of projects costs can be covered the program.
Governance
Leah Lawrence is the president and CEO of Sustainable Development Technology Canada.[5] SDTC is overseen by a Board of Directors, with Jim Balsillie as the Chairman.[6]
Portfolio Investments
SDTC has provided funding to the following companies, among others:
- Clir Renewables (developing AI software that optimizes the performance and lifespan of wind turbines)[7]
- Westport Innovations Inc. (developing and marketing natural gas technology for internal combustion engines)[8]
- Shipstone Energy Corp. of Victoria, BC (salmon-recirculation aquaculture project)[9]
- GaN Systems (solar power conversion technology)[10]
- Giatec Scientific Inc. (developing smart concrete sensors) [11]
References
- "Canada falling behind U.S. in clean-energy efforts: experts". Nationalpost.com. December 26, 2009. Retrieved November 12, 2011.
- "Canada Foundation for Sustainable Development Technology Act". Laws-lois.justice.gc.ca. Retrieved November 12, 2011.
- "We must take lead on clean energy front". Pqasb.pqarchiver.com. Retrieved November 12, 2011.
- "About Us - Sustainable Development Technology Canada". Sdtc.ca. Retrieved December 31, 2015.
- "The SDTC Staff - Sustainable Development Technology Canada". Sdtc.ca. Retrieved December 31, 2015.
- "Board & Committees - Sustainable Development Technology Canada". Sdtc.ca. Retrieved December 31, 2015.
- "Sustainable Development Technology Canada".
- Baines, David (June 22, 2011). "Despite 15 years of losses, Westport's stock is still flying high". Vancouversun.com. Retrieved November 12, 2011.
- Times Colonist July 30, 2011 (July 30, 2011). "$5M for clean energy projects". Timescolonist.com. Retrieved November 12, 2011.
- "GaN Systems scores VC funding - Technology - Ottawa Business Journal". Obj.ca. November 8, 2011. Retrieved November 12, 2011.
- "Ottawa's Ranovus, Giatec to receive millions in federal clean-tech funding | Ottawa Business Journal". obj.ca. Retrieved November 5, 2018.