Sustainable Development Technology Canada (SDTC) today
announced its 18^th round of funding for Canadian clean
technology demonstration projects.

Canadian
entrepreneurs and technology developers with new technologies and a
compelling business case are encouraged to submit Statements of
Interests to the SD Tech Fund(tm) from September 1 to October
20^th, 2010.   

“SDTC is helping companies commercialize
their new technologies, creating jobs and increasing the
competitiveness and efficiency of the Canadian economy” said SDTC
President and CEO Vicky J. Sharpe.

“SDTC investment of $478M, combined with
an active portfolio support strategy, has catalyzed an additional
$2.4B in follow-on funding into some of the most promising high
growth Canadian companies.”   

SDTC is a not-for-profit corporation
created by the Government of Canada to finance and support the
late-stage development and pre-commercial demonstration of clean
technologies. SDTC helps companies through the critical juncture
when capital and scaling costs become formidable challenges and the
risk profile deters many other
investors. 

While applications for technology
solutions related to Climate Change, Clean Air, Soil and Water are
encouraged, SDTC’s current priority focus include technology
solutions that: 

• 
  
  Mitigate environmental impacts
  associated with Canada’s natural resource sector including “green
  mining”, cleaner fossil fuels and forestry
  
  
  
  
  
  



• 
  
  Enable cleaner energy production and
  improved energy efficiency of the built environment, transportation
  and industrial processes
  
  
  
  
  
  



• 
  
  Improve the efficiency of the largest
  water users and address the most sensitive points of water
  contamination
  
  
  
  
  
  



• 
  
  Increase yield and improve temperature
  and drought resistance of agricultural crops and mitigate land-use
  changes and biodiversity loss
  
  

In addition, SDTC’s SD Business Case(tm)
reports should be used to identify additional priority investment
areas. These reports are available in the Knowledge Centre section
of the SDTC website at title=”http://www.sdtc.ca/”>www.sdtc.ca
.

The SDTC portfolio is currently
comprised of 195 clean technology projects, for a total value of
$1.6 billion.

“The
Canadian economy is at a cross-roads and it is critical that we
remain at the front of the global pack in developing new
technologies,” said Sharpe.

“Investing in smart, efficient technologies today makes our
traditional economic pillars, such as the natural resources and
manufacturing sectors, much more competitive on the global stage,
and creates new markets to maintain Canada’s prosperity for future
generations.”

With the current Round, SDTC is
accepting applications until October 20^th, 2010. 
Potential applicants are requested to first review the application
process and funding requirements at title=”http://www.sdtc.ca/”>www.sdtc.ca/applications
.

and then
schedule an initial call with an Applications Manager by
emailing title=”mailto:applications@sdtc.ca”>applications@sdtc.ca.