With its large landmass and diversified geography, Canada has an abundance of renewable resources that make it one of the world’s leading countries in using clean, renewable energy.
In fact, 65% of our total electricity generated is sourced from hydro, wind, solar, and other sources such as biomass, geothermal and marine/tidal wave energy, while 16% of our energy supply is from renewable sources—compared to the global average of 13%.
As the world transitions towards a more sustainable future, one where energy is generated by safe, clean, non-polluting sources, Canada is leading the way for innovation and collaboration in this new low-emission economy.
The Canadian government has set an 80% reduction target for federal greenhouse gas emissions by 2050.
Canada is collaborating with key stakeholders both locally and globally to bring innovative and competitive clean technology to market. The nation’s low R&D costs, wealth of natural resources, highly-skilled workforce and culture of innovation make it an attractive location for clean technology development and commercialization.
Whether you’re focused on innovative water technologies, hydrogen and fuel cells or carbon capture utilization and storage, there are many great reasons to launch your international start-up in Canada. The Net Zero Accelerator Initiative (part of Canada’s Strategic Innovation Fund) has allocated $8 billion over seven years to expedite decarbonization projects with large emitters, scale-up clean technology and accelerate Canada’s industrial transformation.
Access to funding
Matching applicants with suitable investors and funding opportunities.
Mentorship opportunities
Introductions to leaders in the Renewable Energy sector to provide mentorship, guidance and support.
Access to research facilities and lab space
Leveraging resources from one of the 21 post-secondary institutions located within an hour's drive of Brampton, including top-rated research universities in North America like McMaster University & University of Toronto.
Skilled talent Access to a skilled local workforce of ‘green collar’ professionals as well as thousands of students enrolled at the 21 post-secondary institutions located near Brampton.
Dedicated Sector Manager
Access to a dedicated sector manager specializing in the Renewable Energy sector to provide industry-specific advice for the Canadian and North American markets.
The Renewable Energy stream is particularly suited to founders building proprietary technologies focused on combating global warming, energy conservation, clean energy or that are solving problems that will significantly contribute to reducing greenhouse gas emissions and tackling climate change.
This cohort is aimed toward early-stage companies (pre-seed, seed, or series), whether they have raised little to no investment or even projects (pre-incorporation); however, startups at all levels of the company life cycle will be considered.
Companies with any or all the following are preferred:
Are you a fast-growing foreign start-up looking to expand into North America? Get in touch with the BHive team to see how we can help accelerate your North American expansion.
