Titanium Corporation Announces Signing of $10 Million Project Funding Agreement With Sustainable Development Technology Canada for Engineering of the CVW™ Horizon Project and Receipt of $733,738 Advance Payment financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.
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The technology industry in Alberta has grown significantly in
the past decade and is increasingly becoming an important part of
Alberta s economic future. Alberta has become a destination for
international technology companies looking to expand into the
Canadian market and a world leader in machine learning research and
development, innovative geomatics technologies and interactive
digital media. Between 2009 and 2020, the number of tech companies
in Alberta increased by 87%.
In particular, Calgary s tech industry is flourishing.
In addition to having the highest concentration of high-tech
workers in Canada, Calgary companies file more patents per capita
Titanium Corporation Announces $10 Million Funding Award by Sustainable Development Technology Canada for the Engineering Phase of the CVW™ Horizon Project
December 21, 2020 18:30 ET | Source: Titanium Corporation Inc. Titanium Corporation Inc.
CALGARY, Alberta, Dec. 21, 2020 (GLOBE NEWSWIRE)
Titanium Corporation Inc. (the Company or Titanium ) (TSX-V: TIC) is pleased to announce that Sustainable Development Technology Canada (“SDTC”) has approved a $10 million contribution to the Company for the detailed engineering phase of the CVW™ Horizon Project. The SDTC funding is subject to successful negotiation of a Project Funding Agreement (“PFA”) with SDTC. The proposed start date for SDTC funding is January 1, 2021 subject to execution of the PFA.
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New $750-million investment in SDTC will help secure Canada s leadership position in the high-growth cleantech marketplace
OTTAWA, ON, Dec. 17, 2020 /CNW/ - The Government of Canada continues to protect Canadians and support them through this pandemic while also laying the foundation for a healthier, more resilient and more prosperous future. Clean technologies will play a more important role than ever as Canada builds back better and as more and more governments, companies and individual consumers seek environmentally friendly products and services. That is why the government has made clean technology a priority and remains committed to supporting the talented Canadian innovators who are carving out Canada s share of clean exports, growth and jobs.