The new program will see businesses become international players in solving sustainability concerns
Calling all green energy innovators: with support from various levels of government, the Cleantech Scale-Up Program is seeking Western Canadian tech companies specializing in clean power. The program aims to give them a clear path to mass-marketing and exporting their products and services.
Through Alacrity, a not-for-profit that promotes tech entrepreneurship, Canadian companies are paired with strategic partners across the globe to identify gaps and fill them with Canadian solutions.
“In the last year, we’ve been able to help attract nearly $10 million of investment for companies participating in the program,” Richard Egli, managing director of Alacrity, said in a statement. “Over the past eight months, our global team has identified over 40 multimillion-dollar cleantech projects that need innovative solutions, and now we’re looking to find viable technology here in B.C.”
Alacrity believes B.C. companies can help with projects in various international markets seeking solutions for storing and sourcing renewable energy, recycling systems, biomass conversion and other sustainable technologies. These efforts need partners that can start right away and, ideally, complete the work within 10 to 12 months.
The Cleantech Scale-Up Program’s goal is to attract growth capital to Canada while boosting companies’ exports. Participating B.C. businesses can make a difference by solving urgent problems abroad as they create jobs at home.
Alacrity is looking for new partners, too. To help Canadian cleantech companies working overseas navigate regulations and access capital, the non-profit seeks to join forces with local governments and non-governmental organizations in other countries.