Nine small business will be receiving funding and support from Sustainable Development Technology Canada (SDTC), according to a $24.8-million announcement was made by Innovation, Science, and Industry Minister Navdeep Bains.
Out of the nine companies, two water technology companies will be receiving funding from SDTC.
British Columbia-based Pani Energy is receiving $2.8-million from SDTC. The company is developing optimization tools for water treatment plants that aggregate and analyze data from different sources. According to the announcement by the Government of Canada, this can generate significant savings for operators through reduced operational expenses (energy and chemical savings), enhanced water production rates, and extended equipment lifetime.
Alberta-based Swirltex is receiving $1.4-million from SDTC. Swirltex treats wastewater through a novel process utilizing tubular ultrafiltration membranes in combination with buoyancy manipulation of contaminants. According to the announcement by the Government of Canada, the technology improves on conventional membrane technology, providing higher quality results with less energy consumption.
The funding came as Canadian and international clean technology leaders and entrepreneurs were meeting virtually for the SDTC Annual Public Meeting. The meeting featured discussions around the commercialization of Canadian clean technologies, which will help Canada transition to an economy with net zero carbon dioxide emissions and help entrepreneurs tap into the growing global demand for carbon-neutral solutions.
SDTC finds, funds, and fosters the game-changing technologies that are critical in a low-carbon economy. SDTC helps Canadian entrepreneurs accelerate the development and deployment of globally competitive clean technology solutions.