MaRS and RBC partner to support Canada's cleantech future with $3.5-million grant
Summary
These initiatives are designed to help overcome barriers of scaling climate-tech solutions, empower early-stage ventures to expand their innovations globally and assist corporations in developing decarbonization strategies. "Philanthropy is a catalyst for innovation, particularly in such sectors as cleantech where bold ideas need strong support to reach their full potential," said Alison Nankivell, CEO of MaRS. "This is the largest community investment RBC has ever made to a climate-focused initiative, reflecting our commitment to supporting the transition to a net-zero economy and driving the adoption of Canadian cleantech innovations that can help make a difference. These include Canadas first drone tree-planting contract; a waste management fleet electrification project with the City of Toronto; and the Better Buildings Adoption Accelerator, which focuses on reducing the carbon footprint of the built environment.Together, MaRS and RBC are helping create a cleantech ecosystem that balances economic growth with environmental stewardship, paving the way for Canada to lead on the global stage in climate innovation.is North Americas largest urban innovation hub. A registered non-profit, MaRS supports high-growth startups and scale-ups tackling key issues in health, cleantech, fintech and other sectors.