Funding will enhance global profile of Western Canadian clean technology companies, companies attract new investment
Companies in Western Canada’s hydrogen and fuel cell industry will benefit from additional support to raise their global profile, generate industry growth and create jobs across Western Canada, according to a Government of Canada press release.
The grant of over $670,000 will support the Canadian Hydrogen and Fuel Cell Association (CHFCA) at Ionomr, an organization member located at VentureLabs in Vancouver.
“As governments and business leaders recognize the important role sustainable fuels will play in a clean energy future and aim to adopt zero-emission solutions to power cars, buses, trucks, trains, ships and buildings, Canada is well-positioned to capitalize on its industry leadership in hydrogen and fuel cell technologies,” said Dr. Andreas Truckenbrodt, president and CEO, Canadian Hydrogen and Fuel Cell Association.
“We are grateful to Western Economic Diversification Canada for their support as we accelerate our efforts to expand export of, and investment interest in, our sector’s capabilities and products.”
The CHFCA’s mission is to support Canadian corporations, governments and educational institutions that are developing, demonstrating and deploying hydrogen and fuel cell products and services. With this funding, the CHFCA will be able to bolster the HFC sector’s activity in key global markets and accelerate trade and investment.
The CHFCA was formed in January 2009 when the Canadian Hydrogen Association (CHA) and Hydrogen & Fuel Cells Canada (H2FCC) merged. Headquartered in Vancouver, British Columbia, the CHFCA now represents the majority of the stakeholders in Canada’s hydrogen and fuel cell sector.
The funding will also help the CHFCA to develop and implement marketing strategies and webinars to target potential overseas investors in Canadian clean technology businesses. By showcasing Canada’s leadership in the fuel cell sector, the CHFCA member organizations hope to attract significant global investment, provide exposure to local companies, and fuel job creation in Canada.
Currently, the Canadian hydrogen and fuel cell sector contributes 2,000 knowledge-based, high-tech jobs to Canada’s economy. This funding will assist the CHFCA to further the Government of Canada’s priorities to support clean technology and innovation.
“The Canadian Hydrogen and Fuel Cell Association plays a key role in developing clean technology that reduces harmful emissions, promotes renewable energy and creates highly skilled jobs for Canadians. As hydrogen and fuel cell products move towards commercialization, our federal government is proud to support the CHFCA as they continue to establish Canada’s status as a global leader in the clean technology sector,” said Hedy Fry, Member of Parliament for Vancouver Centre.