Tuesday, December 4, 2007

Canadian cleantech foundation considers investing in Israel

Sustainable Development Technology Canada (SDTC) president and CEO Vicky J. Sharpe will visit Israel next week to meet with cleantech venture capital funds and their portfolio companies, according to Globes. The Canadian government cleantech foundation is considering investments in Israeli companies.

SDTC is a non-profit organization founded in 2001. It supports companies and funds that develop technologies for solving problems related to climate change and air, ground and water quality. It also supports companies whose products provide Canadians with economic, environmental, and health benefits. SDTC has two funds: the $550 million SD Tech Fund and the $500 million NextGen Biofuels Fund.