The Energy Transition Centre is expected to support innovative clean energy development and generate economic activity through new business opportunities and research and development, while also assisting the commercialization of technologies for industry. Over the next three years, the initiative expects to create 25 new small- and medium-sized firms while assisting an additional 25 existing firms in accelerating their technologies for the clean technology sector.
The ETC is a collaboration between the University of Calgary, Innovate Calgary, Avatar Innovations, and the energy industry. This financial support from the federal government will help UCalgary, Innovate Calgary, and Avatar Innovations deliver programming at the ETC specific to the investment, acceleration, and commercialization of startup companies working on energy transition.