Applications open for SDTC Tech Fund

Sustainable Development Technologies Canada opened applications Wednesday for its SD Tech Fund aimed at finding the “next wave of innovative clean-tech entrepreneurs.”

The fund supports technology in a number of areas, including water and energy efficiency in buildings and industry, clean energy production, small-scale renewable energy and reduced transportation emissions, to name a few.

The SD Tech fund is meant to help scale companies with these technologies and bring their products closer to market.

The SDTC portfolio has 269 clean-tech projects worth $2.5 billion, positioning clean tech as a “driver of jobs, productivity and economic prosperity.”

SDTC also opened its Natural Gas Fund on Wednesday. Applications for both funds close April 15.

“These funds will put investments to work supporting job creation and SME business growth opportunities, helping Canada make its mark in a market valued at over $3 trillion,” SDTC acting president and CEO Jane E. Pagel said in a statement.