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Canada Invests in Innovative Clean Technology at the University of Alberta
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Big Oil/Oil Majors – Page 6 – Advanced BioFuels USA
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Canada invests C$2.89M in U of Alberta biojet technology
The Government of Canada announced a $2,890,000-investment in the University of Alberta’s biojet technology. The University of Alberta, along with project partners Alberta Innovates, FORGE Hydrocarbons Inc., Western Economic Diversification Canada, Future Energy Systems, CanmetENERGY Devon and Edmonton International Airport, are also providing funding toward this $7.4-million project.
The investment will support the university’s Lipid-to-Hydrocarbon (LTH) technology by developing two pathways to generate renewable jet fuel from a range of feedstocks, including waste materials from the restaurant and livestock industries.
Led by inventor Dr. David Bressler, Professor at the University of Alberta, the LTH technology has the potential to reduce the aviation industry’s greenhouse gas emissions (GHG) by 90%.
Alberta Innovates puts out call to bring more technology, business accelerators to the province
Alberta Innovates, the crown corporation for the Government of Alberta that promotes innovation in the province, has issued a request for proposals (RFP) for the development of new business and technology accelerators in the region.
“Our goal is to make Alberta a hub for high-growth entrepreneurial businesses.”
The organization announced the RFP Wednesday, noting it is seeking three or more technology or business accelerators to help address the scale-up gap experienced in the province and to generally support Alberta startups and small-and-medium-sized enterprises (SMEs).
“While we need many more startups at the start of the funnel, we also need to ensure we are scaling up those businesses and helping them achieve growth,” said Doug Schweitzer, Alberta’s minister of jobs, economy and innovation. “By increasing the number of successful scale-ups in the prov
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How do we get it to pick up speed, yet stay on course?
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That’s the question two government-related entities Calgary Economic Development (CED) and Alberta Innovates are trying to answer as they devote about $50 million of taxpayer money to the cause.
The Opportunity Calgary Investment Fund, which is administered by CED, announced Wednesday it has issued two different requests for proposals as it strives to see 1,000 startup tech companies established in the city over the next decade.
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