Organization: Sustainable Development Technology Canada (SDTC)

The Short Report, January 28, 2020: Late-stage growth investing; AI for the steel supply chain; quantum computing with lasers

At the World Economic Forum Annual Meeting in Davos, Switzerland, Innovation minister Navdeep Bains and Mastercard CEO Ajay Banga announced a joint investment to establish the new global Intelligence and Cyber Centre in Vancouver, B.C. MasterCard is investing $510 million, of which  $420 million is eligible under the Strategic Innovation Fund, while Ottawa is investing $49 million…

Sustainable Development Technology Canada funds Quebec lithium-ion battery recycling project for $3.8 million

The Quebec consortium Lithion Recycling Inc. has received $3.8 million from Sustainable Development Technology Canada (SDTC) to implement a novel process for recycling lithium-ion batteries. The process was developed by Seneca, a Montreal-based consulting firm that specializes in industrial materials process engineering. Lithium-ion batteries are used in electric vehicles, a growing market that so far…

SDTC investing $43 million in a range of pre-commercial clean technology projects

Sustainable Development Technology Canada (SDTC) is investing $43 million in several clean technology projects of which $20 million will be matched by the Province of British Columbia. The investments include $10 million in the Automotive Fuel Cell Corp — a joint venture with Daimler AG and Ford Motor Co to develop new fuel cell modules.…