A new report says Ontario’s clean technology companies are doing a good job turning ideas into new green jobs – and that the keys to global success are within reach.
The 2009 OCETA SDTC Cleantech Growth & Go-to-Market Report, outlines specific ways that government can do more to help these companies take the next step in attracting more global customers and investment, such as:
Increasing domestic demand for clean technology by acting as an early adopter
Setting aggressive environmental and sustainability targets
Developing a clean technology procurement strategy
Establishing commercialization benchmarks and adopting consistent, global best practices across the province.
The report analyzes the size and structure of 110 Ontario-based clean technology companies. It credits the province’s $3-billion Innovation Agenda for providing many of these companies with early stage R&D support, and its proponents say the proposed Green Energy Act will position cleantech as a driver of Ontario’s future social and economic prosperity.