Sustainable Development Technology Canada broadens scope to early-stage firms

There’s a new opportunity for tech startups that have an environmental focus to tap government money with the Sustainable Development Technology Canada (SDTC) announcing a virtual incubator fund.

The SD Tech Fund Virtual Incubator is seeking pre-commercial technologies that will create significant environmental benefits and build solutions for Canada’s smart grid, distributed energy, and energy storage sectors. Applications can be submitted online until Jan. 11 and entrepreneurs will then have to present in person at a Markham, Ont.-based event Jan. 24.

SDTC’s new virtual incubator fund.

The program helps companies that are more early-stage build capacity and prepare their business for possible funding from Sustainable Development. Those accepted to the incubator will receive guidance and introductions to partners in the program. They’ll also receive a review ahead of a Statement of Interest to receive funding.

Since the funding process is stringent about avoiding risk, early-stage entrepreneurs previously didn’t have access to SDTC’s consideration. But the new incubator project changes that and starts a dialogue earlier on in a company’s development.

Source | Sustainable Development Technology Canada

Would you recommend this article?

Share

Thanks for taking the time to let us know what you think of this article!
We'd love to hear your opinion about this or any other story you read in our publication.


Jim Love, Chief Content Officer, IT World Canada

Featured Download

Brian Jackson
Brian Jacksonhttp://www.itbusiness.ca
Editorial director of IT World Canada. Covering technology as it applies to business users. Multiple COPA award winner and now judge. Paddles a canoe as much as possible.

Related Tech News

Get ITBusiness Delivered

Our experienced team of journalists brings you engaging content targeted to IT professionals and line-of-business executives delivered directly to your inbox.