Cleantech Commons Receives FedDev Funding and Partners with Innovation Cluster to Support Clean Technology Startups
The Innovation Cluster is excited to announce its collaboration with Cleantech Commons to support the growth of its future clean technology startup tenants, following the recent virtual announcement of federal funding going towards Trent University made on July 23 at 1:30 p.m.
The recipient of the funding is specifically for the Trent Enterprise Centre, which will be a collaborative space within one of Cleantech Commons buildings.
In collaboration with Cleantech Commons, the Innovation Cluster will be supporting the innovative companies working within the centre by accelerating their path to market. Funding of 4.8 million dollars was announced towards the centre, with deliverables to support 70 innovative companies and to create 300 new jobs.
The centre will be aimed at early-stage companies that are at a proof of concept stage. Resources will include office space, shared laboratory space, technology piloting, assessment and demonstration zones, facilities and services to companies to help them scale and grow. The Innovation Cluster will be providing services such as mentorship and access to investment.
As of right now, NobleGen, Carbonix and PKA Softtouch are on the tenant list to enter the Trent Enterprise Centre when officially launched.
“The Innovation Cluster is excited to partner with Cleantech Commons to continue to support clean technology startups in their planned state of the art facility,” says Michael Skinner, CEO of the Innovation Cluster. “Our region is positioned perfectly to create the companies and jobs of the future and this facility is an excellent addition to the thriving ecosystem.”
The Innovation Cluster has a specific focus on supporting cleantech companies, and has played an essential role in Peterborough and the Kawarthas being a cleantech and water technology hub for years.
“Our programming allows for innovative new companies to have access to specialized mentorship, financing and investment,” says John Gillis, President of the Innovation Cluster and recent recipient of the Business Leader Award from Water Canada. “It means that the startup companies entering into the Trent Enterprise Centre will have the support necessary to take their business global. Our programming provides that extra level of support that will ensure that successful companies are born.”
On World Water Day 2019, the Innovation Cluster launched its H2O Makerspace, with over 30 pieces of cleantech equipment available to clients of the Cluster, including a Hach Pocket Colorimeter for Chlorine, Hach HQ 11D Portable pH Meter, Hach DR 1900 Portable Spectrometer and more.
Mayor Diane Therrien spoke at the announcement, noting the city’s support in the development of Cleantech Commons since the beginning.
“We know that Cleantech Commons is putting this region on the map,” says Therrien.
Martin Yuill, Executive Director of Cleantech Commons spoke, noting the resources to come with the first-of-its-kind cleantech accelerator.
“This will help position our region as a desirable location for both scalable and growth-orientated next generation ventures,” says Yuill.