BDC Venture Capital to invest $100 million into Energy/Cleantech opportunities

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BDC Venture Capital has been around since 2001 and today they’ve promised to invest $100 million into “current and future scalable energy/cleantech opportunities.” The Energy/Cleantech Fund (ECT) aims to “help propel Canada’s best emerging scalable tech companies into global market.”

This investment is not specifically for the large scale projects – such as solar or wind farms – but will be targeting “scalable, capital-efficient ventures that can significantly improve the efficient use of scarce resources – in every industry, across all technology platforms, especially electronics, novel materials and information and communication innovations.”

Tony Van Bommel, senior managing partner of the Energy/Cleantech (ECT) Fund, said “The rising cost of energy and resources, as well as the transition to a low-carbon economy, has caused a surge in cleantech innovation in Canada, and this country has the opportunity to be a world leader in developing technologies that can help companies address global resource, productivity and efficiency challenges.”

Ian Hardy

Ian Hardy

Been quietly creating and building things for years. Completely addicted to Tim Hortons and Maple Syrup.