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FedDev invests $4.8 million to open cleantech accelerator at Trent University

Through FedDev Ontario, the Government of Canada has granted $4.8 million CAD to help fund the creation of a new Trent University-based cleantech accelerator, the Trent Enterprise Centre (TEC). The accelerator is part of Trent’s plan to stimulate cleantech sector growth and position the Greater Peterborough region as an emerging cleantech hub. The TEC, in partnership with the Peterborough Innovation Cluster, plans to serve as an accelerator and tech demonstration space for cleantech-focused companies. According to the federal government, FedDev has invested over $123 million in more than 60 cleantech projects since 2015. Image source Trent University

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