The Business of the Environment.

NEIA is a not-for-profit association of businesses that promotes the development of clean technology and the growth of the green economy in Newfoundland and Labrador.   > MORE

   SIGN UP FOR E-MAIL UPDATES
THE BEST WAY TO STAY UP-TO-DATE WITH GREEN ECONOMY NEWS AND EVENTS IN NL

Events Calendar

This Week's Highlights

Seeking an investor for a clean technology project?

News release from http://www.acoa-apeca.gc.ca/eng/Agency/MediaRoom/NewsReleases/Pages/4941.aspx

Government of Canada to support clean technology as a way to grow the economy and create jobs in Atlantic Canada

October 06, 2016 – Moncton, NB – The Atlantic Canada Opportunities Agency (ACOA)

The Government of Canada, through the Atlantic Canada Opportunities Agency (ACOA), is issuing a “Call to Action” to encourage proposals for clean technology projects in order to stimulate clean growth, open up access to new markets, create well-paying jobs and, ultimately, enhance environmental performance in Atlantic Canada.

ACOA has earmarked $20 million in 2016-17 to support clean technologies. Funds used to invest in clean technology projects will be sourced through existing Agency programs such as the Atlantic Innovation Fund (AIF), the Business Development Program (BDP), the Innovative Communities Fund (ICF) and the Canada 150 Community Infrastructure Program (CIP 150).

This initiative will support the transition to a low-carbon economy in Atlantic Canada through targeted investments in the development, adoption, or adaptation of clean technology as a way to grow and diversify the economy in an environmentally responsible and sustainable way.

Atlantic Canadian businesses looking to develop products, processes or services that promote clean growth or that wish to adapt internal mechanisms to increase efficiencies may qualify for support under this initiative. Communities and non-profit organizations looking to become more eco-friendly through the adoption or adaptation of clean technology in existing community facilities may also qualify. Applications should be submitted on or before March 31, 2017.

As part of the Atlantic Growth Strategy, a federal-provincial initiative announced in July 2016, the Government of Canada and the governments of the four Atlantic Provinces are committed to taking action to promote clean growth, create jobs and drive innovation in the transition to a low-carbon economy. This Call to Action builds on that commitment.

Quote

“Protecting the environment and growing the economy are not mutually exclusive. In fact, the two go hand-in-hand in today’s world and clean technology is the way to achieve it. The Government of Canada is pleased to leverage technology and innovation by supporting clean growth projects in Atlantic Canada that will help build a stronger and more diversified economy, open new markets, reduce carbon emissions and generate well-paying jobs, creating a cleaner, more prosperous future for Canadians from coast to coast to coast.”
The Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency

Quick Facts

Clean technology refers to any product, process or service that improves on environmental performance; minimizes the use of non-renewable resources; uses resources in ways that reduce costs, waste and pollution; and contributes to sustainable development in regard to greenhouse gases, water quality, or soil.

Potential technologies could include renewable power generation; re-use and recycling initiatives; energy-efficiencies; development and use of electric and fuel cell vehicles; waste management projects such as waste-to-energy; and eco-friendly buildings and transportation.

  SHARE THIS:

What is clean technology? What does it mean for Newfoundland and Labrador?

CLICK HERE TO LEARN MORE

Get the latest information.

Sign up for NEIA's weekly email newsletter and stay informed on our activities and initiatives, cleantech business opportunities, and the latest green economy news relevant to firms in Newfoundland and Labrador.