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.”
