$14.1 M for industrial clean tech investment
April 12, 2018
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Ottawa has announced $14.1 million in federal funding for clean technology development, with Calgary’s ATTAbotics named as one of the recipients.
The investment in five Canadian companies will create well-paying middle-class jobs as a result of the new business opportunities generated by cutting-edge clean technology development, said Navdeep Bains, Minister of Innovation, Science and Economic Development.
“Our government’s investments in clean technology reflect our commitment to protecting the planet,” said Bains. “But they also point to a clear and strategic direction for economic development through innovation. That’s because innovations in clean tech will lead to products and services that have an impact on all sectors of the economy. And clean tech has the potential to create thousands of well-paying middle class jobs for Canadians. That’s how innovation leads to a better Canada.”
The announcement was made today by Bains following a meeting of the Economic Strategy Tables.
“These projects are proof that Canadian clean technology innovators are developing game-changing technologies across every economic sector,” said Leah Lawrence, President and CEO, Sustainable Development Technology Canada. “ATTAbotics, Springpower, New Rubber Technologies, KMX and ClinnUp are a great representation of the wide range of world-class solutions being developed across the country — from warehousing robotics to water treatment, rubber recycling and the elimination of liquid waste, all while improving productivity.”
The investment includes:
• $3.3 million to ATTAbotics of Calgary, Alta., which is developing a robotic warehousing fulfillment system that will reduce the cost and footprint of warehouse operations;
• $2.2 million to ClinnUp Technologies of Saint-Ferréol-les-Neiges, Que., which is changing how municipal wastewater is treated by merging electricity with biological processes;
• $1.1 million to KmX Membrane Technologies of Oakville, Ont., which has developed an innovative water treatment technology that offers the potential for significant environmental, operational and financial benefits at mine sites worldwide;
• $4.1 million to New Rubber Technologies of Tilbury, Ont., which is working to turn scrap rubber and plastics into new high-value materials and products, including eco–thermoplastic elastomers that provide cost advantages and environmental benefits; and
• $3.4 million to Springpower International of Mississauga, Ont., which has developed a lower cost and environmentally friendly process for the production of lithium ion batteries.
These projects are being funded through Sustainable Development Technology Canada, which works with Canadian companies to bring early-stage clean technologies to market.
(Innovation, Science & Economic Development Canada)