Latest SDTC Seed Funding demonstrates scope of early and emerging-stage regional innovation
Source: | · SDTC · | April 18, 2023
Today, Sustainable Development Technology Canada (SDTC) announced an investment of $2.8 million in 28 Canadian companies developing new technologies to combat the negative impacts of climate change, grow the circular economy and advance sustainable supply chain practices in areas including manufacturing, transportation and agriculture.
This cohort of SDTC’s Seed Funding stream showcases the scope of innovation in Canada happening from coast to coast with funding recipients located in seven provinces.
From turning coffee ground waste into new food ingredients, to restoring oilfields through novel software, to improving fabric recycling for the fashion industry, each recipient company is developing promising solutions to deliver significant environmental benefits to Canadians.
SDTC Seed funding supports promising early-stage Canadian sustainable tech entrepreneurs by providing grants of $50,000 to $100,000 to innovative technology projects with the potential to generate economic and environmental benefits for Canada. Applicants for seed funding are nominated by SDTC’s partnership with Canadian accelerators, incubators, and entrepreneurial service organizations.