Industry associations are worried the temporary suspension of federal funding for clean tech startups will hinder small companies trying to get off the ground. Sustainable Development Technologies Canada (SDTC), a federal foundation that distributes funds from Innovation, Science and Economic Development Canada to support the growth and development of precommercial cleantech companies, has an agreement with Ottawa to spend $1 billion between 2021 and 2026. However, funding was suspended on Oct. 3 by Innovation, Science and Economic Development Minister François-Philippe Champagne until the foundation addresses concerns raised in a recent fact-finding report. Get daily news from Canada’
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