Fourteen cleantech startups receive federal funding

RICHMOND, B.C.  – Sustainable Development Technology Canada (SDTC) is investing $46.3 million in 14 start-up companies across Canada to support innovations that are tackling climate change,  and helping build sustainability.

The Minister made the announcement at Richmond, B.C.-based RecycleSmart Solutions, which is receiving $1.68 million for a project to decrease the driving distance of garbage collection trucks and the amount of garbage destined for landfill sites.

RecycleSmart manufactures and installs smart sensors in waste bins, providing details about bin contents and contamination. This information helps reduce unnecessary waste collection and allows waste management companies to reduce the amount of trash destined for the landfill.

“The support from SDTC is an incredible opportunity to accelerate the growth of RecycleSmart by fuelling our sensor technology development program,” said Jaclyn McPhadden, RecycleSmart’s chief administrative officer.

“We are honoured to receive this investment, which will increase the rate at which RecycleSmart can move from R&D to commercialization in the next two years.”

Other projects in the waste management sector are:

  • Anaergia Inc. – $6M – Anaergia aims to turn a liability (biosolids) into an asset (energy and fertilizer) that reduces GHG emissions, health risks and disposal costs compared to landfilling biosolids.
  • Fibracast Ltd. – $2.5M – Fibracast membranes are designed to reduce water, energy and air pollutants by removing pollutants from wastewater.
  • Pyrowave – $3.3M – Pyrowave’s patented technology breaks down plastics using high heat produced by microwaves. This technology is packaged in small, modular units that can be used directly onsite at recycling facilities and at producers of plastic waste.