The (continued) coming of age of Canada’s clean-energy
They grow up too fast, originally uploaded by wiseacre
To follow up on a story from the 10th, in another sign of the maturation of the clean tech sector in Canada, Ottawa based Venture Coaches is in the process of raising a $100M fund to invest in home-grown clean technology companies. When launched early next year, it will be the first major fund dedicated to the Canadian market (other Canadian funds, such as Chrysalix Energy and Emerald Ventures, having invested heavily in the US and Europe).
The “Canadian Cleantech Fund” focuses on companies engaged in the research, design, development, manufacture, marketing, sale and support of energy efficient materials; components, sub-systems, systems, and solutions for energy management; and innovative technologies improving fundamental processes with respect to energy and waste stream reductions.
For entrepreneurs in this sector, have your pitch decks ready!
Source: Tyler Hamilton, The Star
Kevin currently manages initial client engagements with the MaRS Venture Group. He also administers a federal fund that provides mentorship to start-up companies across Ontario.