Ontario’s $74 million greenhouse gas innovation initiative, managed by Ontario Centres of Excellence (OCE), has two new federal partners to assist in the battle to reduce pollution-causing emissions.
Today at Discovery 2016, Dr. Tom Corr, President and CEO of OCE, Chris Boivin, Vice President, Investments at the Sustainable Development Technology Canada (SDTC) and Dr. Bettina Hamelin, Vice President of the Research Partnerships Directorate at the Natural Sciences and Engineering Research Council of Canada (NSERC) announced that their respective organizations would work together to enhance Ontario’s Greenhouse Gas Innovation Initiative.
“Tackling greenhouse gas emissions requires buy-in from the public and private sectors and that’s exactly what this initiative addresses,” said Dr. Corr. “By engaging our partners and leveraging additional resources from NSERC and SDTC, we will be able to support the kinds of technologies that stand to have a positive impact on the environment. We will also work to find new partners in order to expand this initiative even further.”
In February, Premier Kathleen Wynne announced that as part of the $325 million Green Investment Fund, OCE would manage a greenhouse gas innovation initiative to encourage large industrial plants to adopt leading edge technologies that will cut greenhouse gases through demonstration projects while supporting Ontario entrepreneurs and researchers in the development of creative new cleantech solutions.
“The need to transition to a low-carbon economy is the key to our commitment to Ontario’s Greenhouse Gas Innovation Initiative,” says Reza Moridi, Minister of Research and Innovation. “Strategic partnerships like this will unleash the power of our best scientists, industry leaders and entrepreneurs to deploy breakthroughs into the marketplace, and position Ontario to compete and succeed in the global cleantech market.”
Bringing Federal partners to the table will mean additional resources and co-investments for the initiative. SDTC will support cleantech entrepreneurs and their industrial partners with market-ready technologies and NSERC will co-fund industry academic collaborations.
"SDTC is delighted to be collaborating with OCE and NSERC,” says Leah Lawrence, CEO, Sustainable Development Technology Canada. By working together, we will be better able to support Canadian entrepreneurs as they look to accelerate and scale-up their ideas to tackle climate change, in Ontario, Canada and around the world."
“NSERC is proud to be involved in a unique partnership that tackles one of the world’s most pressing issues,” says Dr. B. Mario Pinto, President of the Natural Sciences and Engineering Research Council of Canada. “We are providing opportunities for companies to work more closely with highly skilled academics on R&D projects, helping deliver innovative solutions to reduce greenhouse gases.”
OCE has a longstanding focus on cleantech, having supported many hundreds of cleantech-related companies. Over the past two years, OCE has supported 243 clean-tech related projects leading to the creation and retention of close to 900 jobs.