Alberta Innovates Provides Funding for 2025 Alberta Cleantech Awards Winners

Alberta Innovates recently awarded funding support to the winners of the 2025 Alberta Cleantech Awards, an event held as part of the large-scale Inventures 2025 Conference in Calgary. 

The awards recognized Alberta-based businesses that are making notable advancements in clean technology sectors, including hydrogen technology, predictive analytics, and sustainable water management.  

This vast awarded funding reflects Alberta Innovates’ commitment to support Canadian-driven innovation, environmental sustainability, and economic growth. 

 

Alberta Clean Hydrogen Projects Receive Funding  

Dow was named “Adopter of the Year” for its Path2Zero project. The Path2Zero initiative involves a $6.5 billion (CAD) plan to develop North America’s first net-zero ethylene cracker and polyethylene complex using clean hydrogen technology.  

This project aims to significantly reduce emissions by 2030 in order to help meet zero net-emissions plans while also enhancing industrial capacity. Alberta Innovates’ financial backing contributes to accelerating projects like Path2Zero, addressing both industrial and environmental challenges. 

“Alberta Innovates and Foresight have been working alongside each other for years to support Alberta’s cleantech companies. Hosting the Foresight Cleantech Awards at Inventures marks the first time our two organizations have partnered to celebrate and elevate the incredible talent in Alberta’s cleantech sector.” 
– Mark Summers, Interim VP of Investments, Alberta Innovates 

Funding Alberta’s Emerging Cleantech Businesses 

Among the award winners, Ayrton Energy Inc. received recognition as “Startup Venture of the Year” for its Liquid Organic Hydrogen Carrier (LOHC) technology, aimed at improving hydrogen transport efficiency and safety using existing infrastructure. 

Nanoprecise Sci Corp, recognized as “Scaleup Venture of the Year,” provides predictive maintenance technology leveraging artificial intelligence to reduce downtime and improve asset management. 

Other recognized businesses included the Clean Resource Innovation Network (CRIN), awarded “Supporter of the Year,” and Emissions Reduction Alberta (ERA), named “Funder of the Year.” Both organizations have provided substantial resources and networking opportunities for businesses and researchers, significantly influencing Alberta’s cleantech landscape. 

Addressing Sustainable Water Management Solutions 

Additionally, Alberta Innovates co-hosted the Innovation Forum on Water Reuse, addressing the increasing importance of water sustainability. This forum convened industry stakeholders, policymakers, and community groups to discuss technology and policy initiatives for sustainable water use. 

“Water reuse is both a social issue and a policy issue. Are people willing to drink water sourced from wastewater? Social dimensions can be a driver of adoption if done right but can just as easily be a barrier.” 
– Norman Neumann, a professor at the University of Alberta’s School of Public Health and a Centre for Healthy Communities scientist 

Alberta Business Funding for Innovation 

Eligible businesses located in Alberta can access critical innovation funding for their projects through grants, loans, and tax credits available for Alberta businesses including the Western Business Scale-up and Productivity (BSP) program, the Sustainable Canadian Agricultural Partnership (SCAP), CanExport SMEs, the National Research Council’s Industrial Research Assistance Program (NRC-IRAP), Scientific Research and Experimental Development (SR&ED) tax credits, and the Alberta Innovates Voucher program. These government funding opportunities support businesses at various stages, enabling them to pursue innovation, enhance commercialization, and expand internationally. 

By providing targeted government funding and collaborative support, the Government of Alberta offers dedicated funding programs that aim to bolster Alberta’s cleantech sector, facilitating balanced economic and environmental progress.