Ontario Clean-Tech Sector Set To Grow


April 5, 2012 10:09 AM

Innovative Clean-Tech Venture Capital Fund Comes to Ontario

Ontario welcomes a new venture capital fund that will help the province's cutting-edge clean technology companies grow and create jobs.

The $100 million fund is a joint venture of SAIL Venture Partners, part of California-based SAIL Capital Partners, and Stifel Nicolaus Canada Inc., a subsidiary of Stifel Financial. It will invest in companies with innovative, ready-for-market products across the clean-tech sector, including energy, water and green innovations.

SAIL Venture Partners is one of the first American clean-tech venture capital funds to come to Ontario and its establishment here represents a strong vote of confidence in the quality of Ontario's clean-tech sector. 

Through support and guidance provided by Sustainable Development Technology Canada, SAIL was attracted to Ontario and Canada because of the significant opportunities in the clean-tech sector and a record of fostering innovation.

Providing the right climate to attract investment and build business is part of the McGuinty government's plan to ensure that families, businesses and international investors continue to look to Ontario as a great place to live and work.