The Accelerator Centre’s specialized cleantech programming has been nationally recognized, winning a Canada Clean50 Top Project Award today at the Clean50 Summit 9.0 in Toronto.
October 3, 2019
FOR IMMEDIATE RELEASE
The award recognizes the top 20 sustainability-orientated projects completed in Canada in the last two years. All project winners demonstrate outstanding contributions to sustainable development and clean capitalism in Canada.
The Accelerator Centre, an award-winning startup accelerator based in Waterloo Region that is dedicated to building and scaling sustainable, globally competitive companies, received a Top Project Award for its TD Sustainable Future Program. Building on its globally acclaimed The Accelerator Program®, the TD Sustainable Future Program is themed programming to support entrepreneurs working on cleantech and smart cities initiatives, consisting of curriculum-based programming, mentorship from in-house mentors as well as specialized cleantech specialists, funding opportunities, and office space.
“Globally, cleantech is growing, but Canada is losing ground: In an eight-year period, Canada’s share of cleantech exports dropped—representing nearly $9 billion in lost opportunities. Our latest specialized accelerator, the TD Sustainable Future Program, leverages our track record of building globally competitive companies and was created based on a clear need to clean, support, strengthen, and future-proof the Canadian economy.” -John Stevens, project lead and VP, Strategy and External Relations at the Accelerator Centre.
With the support of the Ontario Trillium Foundation, a cleantech pilot program launched in 2017 with four client companies. TD Bank Group partnered with the program through The Ready Commitment in 2018, creating TD Sustainable Future Lab, Ontario’s only incubation space dedicated to sustainable solutions and the clean economy. Located in evolv1, Canada’s first zero-carbon and net positive office building, it is the country’s greenest innovation hub.
The cleantech accelerator has worked with 19 companies and has generated 114 jobs to date.
“Delta’s criteria in determining project awards is to carefully consider a combination of actual measurable impact, demonstrated innovation and the project’s ability to inspire others to imitate it. The cleantech accelerator created by the Accelerator Centre and TD Bank Group is a terrific example.” -Gavin Pitchford, CEO, Delta Management Group.
The TD Sustainable Future Program is accepting new clients.
About the Accelerator Centre
The Accelerator Centre is an award-winning startup accelerator dedicated to building and scaling sustainable, globally competitive companies and giving startups the highest probability of long-term success. In 2018, they were ranked the #4 Accelerator Program in the world due to, in part, a reputation for meaningful, one-to-one mentorship and helping entrepreneurs go from the idea stage to high-growth enterprises.
The Accelerator Centre has a strong history of supporting high growth technology companies and has worked with more than 500 startups since 2006, bringing over 3,000 full time jobs and 560M in investment to the region. Graduates of The Accelerator Program include Canadian success stories Axonify, Big Road, Clearpath Robotics, Magnet Forensics, eleven-x, and Rapid Novor.
About TD Bank Group and The Ready Commitment
TD has a long-standing commitment to enriching the lives of its customers, colleagues and communities. As part of its corporate citizenship platform, The Ready Commitment, it aspires to link its business, philanthropy and human capital to help build a more inclusive and sustainable tomorrow. As part of this, the bank is targeting CDN $1 billion (US $775 million) in total by 2030 towards community giving in four areas it feels are critical to helping people feel more confident – not just about their finances, but also in their ability to achieve their personal goals in a changing world. These are Financial Security, Vibrant Planet, Connected Communities and Better Health. Through The Ready Commitment TD is also aligned to nine of the United Nations Sustainable Development Goals. For more information, visit td.com/thereadycommitment.
About Delta ManagementGroup/Canada’s Clean50
Leading sustainability and cleantech search firm Delta Management Group in 2011 founded, and remains the steward of the Canada’s Clean50 awards. The awards were created to annually identify, recognize and connect 50 sustainability leaders, 10 Emerging Leaders and Top 20 Projects from every sector of Canadian endeavor. The firm also annually convenes the Clean50 Summit, in order to facilitate understanding, collaboration and innovation in the fight to keep human-caused climate impacts below 1.5 degrees.
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