Minister Vandal broadcasts federal investments to assist clear know-how developments throughout Alberta

Greater than $21 million by way of PrairiesCan to construct on Alberta’s strengths in commercializing revolutionary applied sciences that profit individuals and communities within the inexperienced Prairie financial system

CALGARY, AB, July 4, 2024 /CNW/ – As international markets more and more search for extra sustainable methods of doing enterprise, innovators throughout Alberta have new alternatives to create and commercialize applied sciences that supply advantages for each the financial system and the setting. Alberta is already a nationwide and international chief throughout key sectors that contribute to Canada’s prosperity—from power, setting and aerospace to digital know-how, life sciences and value-added agriculture.

Minister Vandal announces federal investments to support clean technology advancements across Alberta (CNW Group/Prairies Economic Development Canada)

Minister Vandal broadcasts federal investments to assist clear know-how developments throughout Alberta (CNW Group/Prairies Financial Growth Canada)

By way of improved coordination throughout federal departments and in partnership with all ranges of presidency and business, the Authorities of Canada is dedicated to enabling Alberta’s small- and medium-sized companies to proceed capitalizing on these and different alternatives that construct on Alberta’s established strengths in creating services that the world wants.

At present, the Honourable Dan Vandal, Minister for PrairiesCan, introduced federal funding of greater than $21.9 million for 13 tasks to bolster Alberta’s clear know-how sector by way of the commercialization and adoption of recent purposes that supply environmental advantages throughout a variety of industries. Examples of tasks receiving assist embrace:

  • Alberta Innovates is receiving $10 million to launch a manufacturing and testing facility to assist the commercialization of recent applied sciences that assist produce low-cost carbon fibre utilizing bitumen.

  • The Battery Metals Affiliation of Canada is receiving $850,000 to assist progress of the battery metals sector in Western Canada by enhancing collaboration and educating stakeholders.

  • Carbon Administration Canada is receiving $1,168,000 to boost its emission administration know-how validation facility the place small- and medium-sized companies can take a look at, refine, and commercialize carbon seize merchandise and applied sciences.

  • Kuva Canada is receiving greater than $4 million in repayable funding to develop market share of its automated methane monitoring merchandise and software program which safely detect methane leaks extra precisely, sooner and at a decrease price than conventional methane inspection applied sciences.

  • The Métis Nation of Alberta (MNA) is receiving $174,000 to conduct a complete evaluation of the Métis Housing portfolio power effectivity plan that may present prioritized suggestions to extend the power effectivity of houses and assist their Local weather Change Motion Plan.

Tasks receiving funding may have important environmental and financial advantages throughout the Prairies, together with supporting greater than 415 jobs and enabling Alberta corporations to reap the benefits of rising market demand for clear power options. At present’s federal funding leverages about $7 million in further funding by way of different ranges of presidency and business.

This announcement exemplifies key rules of the Framework to Construct a Inexperienced Prairie Economic system, which was tabled in Parliament in December 2023 as a long-term dedication to grab new prospects to construct good-paying jobs in a globally aggressive inexperienced financial system by working collaboratively to construct on the area’s strengths in clear useful resource improvement, agriculture and manufacturing, and the service business.

Quotes

“Our authorities is making strategic investments to construct on Alberta’s confirmed skill to commercialize revolutionary clear power options which have environmental and financial advantages. At present’s funding in these 13 tasks will assist be certain that Alberta companies can capitalize on new alternatives to satisfy international demand for clear know-how know-how and experience. These investments, along side enhanced collaboration supported by the Framework to Construct a Inexperienced Prairie Economic system, will assist construct a stronger and extra sustainable financial future throughout the Prairies.”
–The Honourable Dan Vandal, Minister for PrairiesCan

“At present’s announcement is about ensuring Alberta companies stay on the forefront of Canada’s innovation. These tasks will create sustainable jobs and show Alberta’s confirmed capability to create clear know-how and power – pushing us in direction of nice international market alternatives.”
–The Honourable Randy Boissonnault, Minister of Employment, Workforce Growth and Official Languages

“Alberta is dwelling to world-leading companies and entrepreneurs who punch above their weight in innovation and ingenuity. Clear know-how and clear power are fields through which our province is gaining a worldwide fame for excellence. At present’s investments will additional bolster that functionality in order that we are able to create a sustainable financial system and good jobs for Albertans for years to come back.”
George Chahal, Member of Parliament for Calgary Skyview

“We congratulate Alberta Innovates on the success within the Regional Innovation Ecosystems program competitors. The award will create markets and alternatives for Alberta that have not beforehand existed. We stay up for the outcomes of the Carbon Fibre Grand Problem, which has the potential to create jobs in a brand new business, and to draw funding.”
The Honourable Nate Glubish, Minister of Expertise and Innovation, Authorities of Alberta

“This funding of greater than $21 million is a vote of confidence in our metropolis’s skill to guide the cost in direction of net-zero. As the guts of Canada’s power sector and residential to the largest focus of Alberta’s cleantech firms, our native companies are on the forefront of creating applied sciences that may form a greener future. This assist will undoubtedly speed up their efforts to convey these options to international markets.”
Jyoti Gondek, Mayor, Metropolis of Calgary

“This initiative will assist our dedication to scale back greenhouse fuel emissions, enhance housing sustainability and construct inside capability inside Métis Housing, accelerating local weather motion for our Housing portfolio and making certain that our workers are outfitted with the information and expertise wanted to drive sustainable change from inside our group. Collectively, we’re laying the groundwork for a extra sustainable and resilient future for generations to come back.”
Jason Chernow, Calgary Elbow Métis District 6 Residents’ Consultant and Secretary of Setting and Local weather Change, Otipemisiwak Métis Authorities of the Métis Nation inside Alberta

“This funding will speed up the event and commercialization of carbon fibre applied sciences in Alberta. Carbon fibre is usually a key pathway to a net-zero emissions future – dramatically cut back emissions and allow a brand new Canadian aggressive benefit in a low-carbon financial system. The power will enable carbon fibre producers and producers to satisfy the wants of local weather delicate markets and get a step nearer new superior supplies business.”
– Michael Mahon, PhD, Interim, CEO, Alberta Innovates

“BMAC’s mission is to foster the expansion of Canada’s rising battery business to develop a robust and sustainable home worth chain in assist of the clear power transition. As a small non-profit group with a big mandate, the funding BMAC has obtained from PrairiesCan has been instrumental in enabling us to attach with Canada’s battery business and supply key sources and assist to assist in its success.”
Sean De Vries, Govt Director, Battery Metals Affiliation of Canada

“We’re thrilled to have been chosen for funding by PrairiesCan. This funding will allow us to speed up progress by investing into rising our Calgary-based crew and commercialising further options whereas serving to our oil and fuel clients see, measurement and resolve their methane emission challenges to satisfy emission discount objectives.”
Stefan Bokaemper, President, Kuva Canada  

Fast details

  • Federal funding for these 13 tasks is being offered by way of PrairiesCan. PrairiesCan packages and providers assist companies, not-for-profits and communities develop stronger: its mandate is to assist financial progress and diversification within the Prairie provinces and advance the pursuits of the area in nationwide financial coverage, packages, and tasks.

  • The Framework to Construct a Inexperienced Prairie Economic system is a long-term dedication to work in another way; by way of stronger coordination amongst federal departments on investments for the Prairies, and nearer collaboration with Prairie companions on their priorities for a affluent and sustainable Prairie financial system that respects provincial jurisdictions and helps Indigenous financial reconciliation.

  • In Alberta particularly, the Framework is meant to encourage higher collaboration on regional funding alternatives, reminiscent of supporting decarbonization by advancing the hydrogen ecosystem and important minerals alternatives; rising a sustainable agriculture sector by catalyzing extra value-added exercise and lowering environmental affect; and strengthening our assist for group financial improvement capability and initiatives, particularly in Indigenous and rural communities.

Backgrounder

PrairiesCan is investing over $21 million for 13 tasks in Alberta by way of a number of federal packages, together with the Alberta Indigenous Clear Vitality Initiative; the Enterprise Scale-up and Productiveness program; and the Regional Innovation Ecosystems program. These investments are anticipated to assist over 415 jobs and assist Alberta organizations seize alternatives ensuing from the mixing and improvement of fresh applied sciences. Adopting and commercializing new applied sciences presents the potential of environmental and financial advantages throughout a variety of industries.

Alberta Indigenous Clear Vitality Initiative (AICEI)$926,450

The AICEI helps renewable power technology or power effectivity tasks which can be led by, or for the advantage of, First Nation and Métis communities in Alberta. AICEI is funded by way of the Strategic Partnerships Initiative which is led by Indigenous Providers Canada to offer a means for federal companions to coordinate their efforts, cut back administrative burden and pool sources in assist of Indigenous communities. At present, PrairiesCan introduced AICEI assist for 4 tasks:

  • Chilly Lake First Nations ($124,000)
    Full a feasibility examine to find out the suitability of a geothermal system to warmth and funky a brand new pre-construction occasions centre in addition to the prevailing On line casino Dene and Lodge Dene.

  • Métis Nation of Alberta ($174,000)
    As a part of the Métis Nation of Alberta (MNA) Local weather Change Motion Plan, conduct a complete evaluation of the MNA housing portfolio and develop a report which supplies prioritized suggestions to extend the power effectivity of houses.
    Neyaskweyak Group of Firms Inc. (Ermineskin Cree Nation) ($373,450)
    Full a feasibility examine to assist the approval and building of a brand new photo voltaic farm in Ermineskin Cree Nation.

  • Southern Alberta Institute of Expertise (SAIT) ($255,000)
    As a part of a partnership between SAIT’s Inexperienced Constructing Applied sciences analysis division and the Alberta Native Friendship Centre Affiliation (ANFCA), improve ANFCA Friendship Centres in Fort McMurray, Medication Hat, and St. Paul with power environment friendly constructing methods to scale back emissions and working prices.

Enterprise Scale-up and Productiveness (BSP) Program – $5,986,395

The BSP program helps high-growth companies which can be searching for to enhance productiveness, scale-up and commercialize know-how. It presents interest-free, repayable funding to integrated companies which have been in operation for no less than two years. At present, PrairiesCan introduced BSP assist for 2 tasks:

  • Kuva Canada ($4,079,895)
    Broaden advertising and marketing, operations, and product improvement initiatives to develop market share of its automated methane monitoring merchandise and software program which safely detect methane leaks extra precisely, sooner and at a decrease price than conventional methane inspection applied sciences.

  • RJ Maclean Tank Providers ($1,906,500)
    Incorporate product enhancements and launch advertising and marketing initiatives to extend worldwide gross sales of its robotic tank cleansing system which makes use of much less water and produces much less waste than conventional industrial storage tank cleansing processes.

Regional Innovation Ecosystems (RIE) Program – $15,070,112

The RIE program helps create, develop, and nurture inclusive regional ecosystems that assist enterprise must facilitate innovation. By way of the RIE program, focused investments in not-for-profit organizations assist companies in precedence sectors to innovate, develop and compete globally. The RIE program additionally promotes inclusive progress by serving to underrepresented teams extra totally take part within the innovation financial system. At present, PrairiesCan introduced RIE assist for seven tasks:

  • Alberta Vitality Effectivity Alliance ($500,000)
    Lead stakeholder engagement classes and know-how demonstrations to extend the adoption of power lowering applied sciences and assist collaboration in Alberta’s power business.

  • Alberta Innovates ($10,000,000)
    Set up a specialised manufacturing and testing facility to commercialize applied sciences that convert bitumen into carbon fibre at a considerably decrease price than conventional carbon fibre manufacturing processes.
    Alberta Motor Transport Affiliation and the College of Alberta ($1,400,000)
    Broaden hydrogen heavy car trials and demonstrations throughout Alberta, together with in rural areas and Indigenous communities. This newest funding builds on PrairiesCan’s beforehand introduced funding of $3 million, bringing complete PrairiesCan funding to $4.4M.

  • Battery Metals Affiliation of Canada ($850,000)
    Help progress of the battery metals sector in Western Canada by enhancing collaboration and educating stakeholders.

  • Carbon Administration Canada ($1,168,000)
    Buy and set up new gear to boost its emission administration know-how validation facility the place small- and medium-sized companies can take a look at, refine, and commercialize carbon seize merchandise and applied sciences. This newest funding builds on PrairiesCan’s beforehand introduced funding of $1,573,500, bringing complete PrairiesCan funding to $2,741,500.

  • Pembina Institute ($752,112)
    Set up a brand new Centre for Carbon Dioxide Elimination primarily based in Calgary which is able to present sources and workshops to advance a marketplace for revolutionary applied sciences that take away carbon dioxide straight from the ambiance.

  • Petroleum Expertise Alliance Canada ($400,000)
    Present technical, enterprise and advertising and marketing assist to assist companies in Alberta export their clear know-how improvements to worldwide markets.

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SOURCE Prairies Financial Growth Canada

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