Alberta Cleantech Report 2021
Source: · FORESIGHT CANADA · | September 22, 2021
Source: Pixabay
Foresight is pleased to introduce a new report focused on the Alberta cleantech sector. Based on research conducted in 2020, the Alberta Cleantech Report 2021 is a revealing look at a sector that is growing in size, impact, and importance.
In late 2020, the Alberta Clean Technology Industry Alliance (ACTia, now Foresight Alberta) and MaRS Data Catalyst, with a constellation of partners, took an updated snapshot of the province’s pureplay clean technology ventures. This included companies developing novel services, processes, and products that improve economic performance and reduce environmental footprint.
A 50-question survey was sent to Alberta cleantech ventures in Fall 2020 requesting metrics from the 2019 calendar year. From over 100 responses, we distilled insights from 72 respondents who met these criteria:
Based in Alberta
Have proof of technology or business model innovation
Indicate an environmental benefit as a core part of their value proposition
Derive a majority of their revenues from those specific products or services.
Responses were compared to similar studies we undertook in 2016 and 2018 that formed the basis of two reports: Alberta Clean Technology Sector 2016 and Alberta Clean Technology Sector 2019.