Ottawa allots $700M to grow clean technologies

first_imgThe government of Canada plans to invest C$700 million ($563 million) over the next five years to grow its clean technology industry, protect the environment and create jobs.The investment, to be made via Business Development Bank of Canada (BDC), will see BDC take on more risk to help high-potential clean tech firms expand by providing them with the capital they need to hire new staff, develop products, support sales, and scale up and compete globally.The government also announced the launch of the Clean Growth Hub as its focal point for clean technology.The hub will focus on supporting companies and projects that produce clean technology, as well as coordinate existing programs and track results, according to the Canadian government.Navdeep Bains, Canada’s Minister of Innovation, Science and Economic Development, said: “Today’s announcement demonstrates our government’s commitment to create well-paying middle-class jobs while growing the economy and protecting the environment.”Michael Denham, President and CEO of BDC, added: “With this new capital, we are looking to back the best in Canadian clean tech, with the aim of helping our most promising companies overcome financing obstacles and scale into global clean technology champions.“Our endgame is to build a commercially sustainable clean technology ecosystem that will, over time, be able to catalyze greater institutional investment into the sector.”The C$700 million is part of Canadian government’s largest ever public investment of C$2.3 billion ($1.84 billion) in clean technologies set aside in the Budget 2017. Illustration (Image: flickr/Olearys)last_img read more

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BiH Delegation went to Mediterranean Games in Mersin

first_imgDelegation of 45 athletes, 16 coaches and 2 officials of the Olympic Committee of BiH are soon to leave for Turkey, where they’ll participate at the Mediterranean Games in Mersin, reports klix.baThe games will be held from 20 to 30 June and more than 4500 athletes from 24 countries will participate together with 1500 coaches and officials.The head of BiH delegation is Said Fazlagić and his deputy Dejana Sadžak, and the following athletes:shooting:Darija Kitić, boxing: Alem Čolpa,Velibor Vidić, Džemal Bošnjak, Bojan Aladžić (coaches Almedin Fetahović, Vlado Railić, Said Čolpa), taekwondo: Armin Gredić (coach Belmir Berberović), bocce:Dario Stojičić, Andrija Čorluka, weight lifting: Olivera Jurić, judo: Dražen Subotićm Larisa Cerić, Amel Mekić, Mitar Mrdić, Selma Sejdinović (coach Branislav Crnogorac), athletics: Biljana Cvijanović, Dušan Babić, Hamza Alić, Kemal Mešić, Dejan Mileusnić (coach Mehmed Skender),swimming: Ivana Nikolić (coach Željko Panić) karate: Mirsada Suljkanović, Alem Kupusović, Nermin Potur, Edin Muslić, Admir Zukan (coach Denis Muhović),wrestling: Ajdin Brkić, Elvir Čosić (treneri Sanel Bečković, Milenko Perkić).Football players to compete at Mediterranean Games are: Vedran Kjoševski, Omar Marković, Armin HOdžić, Amar Rahmanović, Fedor Predragović, Mirko Marić, Branimir Odak, Anto Petrović, Jozo Špikić, Haris Hajradinović, Emir Plakalo, Damir Sadiković, Almir Čerimagić, Renato Gojković, Adin Čiva, Almir Kasumović, Haris Muharemović, Halil Hajtić (coaches Murat Jaha, Eldin Jarodić, Admih Zaimović, Vlado Jagodić, Sakib Malkočević, Toni Karačić.(photo: wikipedia)last_img read more

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The Press Pass – Sunday, October 18

first_imgHost Ray Stubbs was joined in the studio by Charlie Wyett and Neil Ashton on this week’s Press Pass.At the top of the agenda Jose Mourinho’s Chelsea future, with Wyett believing he won’t be at Stamford Bridge next season.Also discussed is Wayne Rooney becoming the Premier League’s second highest scorer ever.last_img

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