Twelve Canadian cleantech companies recognized on Global Cleantech 100 list
January 29, 2019 - Ottawa, Ontario - Global Affairs Canada
Trade diversification into new markets and new sectors is providing enterprising Canadian companies with opportunities to expand their global footprint. The clean technology sector is where many small and medium-sized Canadian businesses are finding success, leading to well-paying and innovative jobs for the middle class and driving prosperity for all Canadians.
On January 28, 2019, the Cleantech Group released the Global Cleantech 100 list, which recognizes the companies that embody the most innovative and promising ideas in cleantech. This year, 12 Canadian firms made the list, representing regions from across Canada and diverse sectors such as energy, biochemical and extractives.
All the winning companies are clients of the Canadian Trade Commissioner Service (TCS), and many have benefited from programs and services provided by the Government of Canada through its Clean Growth Hub partners. For example, 10 of the 12 companies on the list received funding from Sustainable Development Technology Canada, which specifically supports the growth of Canadian clean technology companies.
“These companies exemplify the world-leading excellence flowing from Canada’s clean technology sector. By supporting Canadian firms as they capitalize on growing opportunities in global markets, we are clearing the way for more success.”
- Jim Carr, Minister of International Trade Diversification
“Clean technology is driving the future of innovation. By investing in this fast-growing market, our government is helping to create more middle-class jobs to boost economic growth and to shape a better future for Canadians.”
- Navdeep Bains, Minister of Innovation, Science and Economic Development
“Congratulations to this year’s Global Cleantech 100 winners. Through the Clean Growth Hub, our government is helping Canadian cleantech companies and researchers identify the right support for their businesses. Canada is proud to showcase its competitive advantage as a global source of clean growth solutions.”
- Amarjeet Sohi, Minister of Natural Resources
Canada's Trade Diversification Strategy will invest $100 million over six years to reinforce the CanExport program and related TCS funding programs to help more Canadian businesses reach overseas markets.
The TCS helps thousands of Canadian businesses succeed in international markets by providing key business insights and access to an unbeatable network of international contacts.
Four out of five Canadian cleantech companies are exporters. Due to its global nature, the Canadian cleantech sector in particular stands to gain under free trade agreements such as the Comprehensive Economic and Trade Agreement and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
The Clean Growth Hub is a whole-of-government focal point for clean technology focused on supporting companies and projects, coordinating programs and tracking results.
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