Clean 15: Connecting Canadian clean tech with the Global 1000
Depending on whom you ask, Canada could be falling behind in what was described by U.S. President Barack Obama as the “space race” of our era. Obama is referring to clean technology, which he believes will drive the future of North American business. So getting Canada’s best in class clean technologies into international markets is nothing less than mission critical for Canada.
So far, Canada has done very well supporting the early research stages of clean technology, including many demonstration projects. However, the country has fallen short when it comes to commercializing those technologies at the cost of hundreds of millions of dollars in returns.
Government spending to assist companies through what has been called the “valley of death” is one of Canada’s strengths, however finding capital sources to walk clean-tech firms through the second valley of commercialization death is very difficult. Connecting with sophisticated, large Global 1000 clients has also been proven to be a major challenge for Canadian clean-tech firms, and as a result many companies fail to make a significant footprint on the international stage.
With this notion in mind, The Canadian Business Journal and Drayton Weissenfels Inc—in association with Yet2.com, OCETA, Fogler, Rubinoff—are coming together to launch the first clean technology competition in 2010, the Clean 15.
The Clean 15 competition is not simply about accolades. Indeed, it is about connecting the most innovative, Canadian clean technology companies with large international partners and investors. Such partnerships help to stimulate the Canadian economy and create jobs for everyday Canadians. And let’s face it: creating jobs in 2010 would be a welcome change from the last two years.
Due to overwhelming interest in last year’s competition, there will be two competitions this year, featuring four separate tracks from Global 1000 companies in search of clean-tech partners. All of these tracks have generated phenomenal attention from potential partners.
In 2009, Vive Nano’s nanotechnology emerged as the winner with its industry-leading core collapse technology. This technology has the potential to revolutionize the world of nanotechnology and promises clean-tech applications in many areas, including water remediation and crop protection, which are potentially game-changing for agribusiness. The company also went on to win three other major clean-tech competitions in 2009 and received a $3-million investment.
The 2010 competitions promise to be just as exciting, as clean technology is now front and centre on the world stage with regard to being the “Next Big Thing.” More countries understand that winning the clean technology race will not only mitigate the very real potential of climate change, peak oil, water scarcity and the decline of global resources, but also ensure a spot as a global leader in the world economy of the 21st century.
This year, the Clean 15 grand prize is worth over $80,000 in business development services and strategic marketing, and will also give our winner a chance to present to targeted Global 1000 company champions and executives, that are specifically looking for their game changing clean technologies at an ultra exclusive executive briefing. The winner will also get an article right here in Canadian Business Journal that showcases their technology.
To be eligible for the first Clean 15 competition of 2010, the applicants’ technology should be in one or more of the following categories:
Bioproducts and related technologies including agricultural technologies, bio-chemicals, bio-materials, industrial biotechnology and bioprocessing;
Clean or renewable energy generation including wind, solar, small hydro, biomass or biofuels, and plasma;
Energy efficiency, control or monitoring technologies as well as energy storage and infrastructure; or
Environmental technologies including green building, waste management, and those that improve air, water or soil quality process abatement, remediation, water, wastewater and transportation;
If you think your technology is a game changer, then we invite you to submit your company. To enter send an email to [email protected]
This year the Clean 15 is proud to be sponsored by Drayton Weissenfels Inc, Yet2.com, OCETA, Fogler, Rubinoff LLP and Canadian Business Journal.