A recent article in the Globe and Mail shows that VC and government investment in Canadian cleantech remains strong, but the markets are not responding due to the relatively small size and short-term underperformance of the sector.  In Alberta, cleantech investment has been given a boost by the federal government’s Sustainable Development Technology Canada (SDTC) fund, which announced $53 million for 17 new funded projects in July, four of which are either based in Alberta or have a direct connection to Alberta technology.

SDTC is now accepting applications under the NextGen Biofuels Fund™, and information on the Fund and applications details are available at www.sdtc.ca.  On a related note, the Global Clean Energy Congress takes place in Calgary in November.

Calgary – 07:00 MDT