EnerMotion, a R IC Centre client, has been chosen as one of eighteen companies to receive a share of $40 million in funding from Sustainable Development Technology Canada (SDTC) for its clean technology project.
SDTC ,a not-for-profit corporation created by the Government of Canada, finances and supports the development and demonstration of clean innovative technology solutions. The most recent $40 million award is aimed at helping Canadian companies take their innovative technology solutions to the market.
The SDTC funding will go toward the development of EnerMotion’s Hybrid Auxiliary Power Unit (HAPU) – a system designed to capture waste exhaust heat, solar energy and braking energy from transport trucks to provide heat, cooling, and electrical power to the cab when the truck is moving and stationary, reducing fuel use and lowering emissions.
Jack MacDonnell, founder and CEO of EnerMotion said, “The RIC Centre has provided exceptional advisory support including setting us up with an incredibly valuable marketing research package from their support network. We consider ourselves very fortunate to have this type of professional support available. As a Cleantech company moving into its third year of operation, quality assistance like this is worth its weight in gold, and we all know the value of that these days.”
EnerMotion is a Cleantech company specializing in alternative power systems for transportation applications. The company has developed an innovative hybrid energy system that captures waste exhaust heat, solar energy and braking energy, and converts it to useful cooling, heating, and electricity for Class 8 heavy trucks. RIC profiles EnerMotion.
The Research, Innovation and Commercialization Centre (RIC) is a non-profit organization that provides business and technical services to small and medium enterprises (SMEs) to commercialize their innovation. RIC is focused in the aerospace, advanced manufacturing, life sciences and technology sectors.
Please visit www.riccentre.com for more information.
Sustainable Development Technology Canada (SDTC) is an arm’s-length foundation, created by the Government of Canada, that has received $1.05 billion as part of the Government’s commitment to a healthy environment and a high quality of life for all Canadians.
SDTC operates two funds aimed at the development and demonstration of innovative technological solutions. The $550 million SD Tech Fund™ supports projects that address climate change, air quality, clean water, and clean soil. The $500 million NextGen Biofuels Fund™ supports the establishment of first-of-kind large demonstration-scale facilities for the production of next-generation renewable fuels.
SDTC operates as a not-for-profit corporation and has been working with the public and private sector including industry, academia, non-governmental organizations (NGOs), the financial community and all levels of government to achieve this mandate.
Reem Aziz is a University of Toronto student in the Digital Enterprise Management Specialist stream of the Communications, Culture and Information Technology program. She is currently a Writing and Communications intern at the RIC Centre where she is putting her academic knowledge to the test. She has an interest in marketing and event planning and has background experience in creating posters, banners and web ads.