FOR IMMEDIATE RELEASE
Environmental Business Cluster to Host Canadian Cleantech Companies
Canadian Cleantech Accelerator to be Silicon Valley landing pad for promising innovative companies
San Jose, Calif. - September 14 - Starting September 2011, the Environmental Business Cluster, 10 S. Third Street in Downtown San Jose, will be home to the Canadian Cleantech Accelerator hosted through the Consulate General of Canada in San Francisco|Silicon Valley.
The Canadian Consulate will select high potential companies from Canada to grow at the Environmental Business Cluster. These companies will have access to their own dedicated office space, common innovation space, strategic coaching and the full commercialization program offered through the Environmental Business Cluster, first cleantech incubator in the U.S. The Canadian cleantech companies are bringing their innovative technology to Silicon Valley and will be engaged in promoting mutually beneficial business arrangements that leverage Canadian as well as partners, collaborators and talent in San Jose with the intention of taking their products and services to the global marketplace.
In addition to bringing an infusion of promising Canadian cleantech innovation to Silicon Valley, the partnership between the Environmental Business Cluster and Canadian Consulate will also bring a surge in entrepreneurial head-count.
"We are thrilled at the opportunity to host Canada's top cleantech companies at the Environmental Business Cluster," said Melinda Richter, Executive Director of the Environmental Business Cluster. "This partnership is further proof that the Environmental Business Cluster, and San Jose, is truly the destination location for cleantech companies from around the globe."
To celebrate the opening of the Canadian Cleantech Accelerator, San Jose Mayor Chuck Reed welcomed the Honourable Joe Oliver, Canada's Minister of Natural Resources, and Cassie Doyle, Consul General of Canada, San Francisco/Silicon Valley, at a ribbon-cutting held at the Environmental Business Cluster.
"I am delighted to welcome Minister Oliver, his delegation and these Canadian companies to San Jose, and to celebrate the opening of this program linking clean tech innovation between San Jose and Canada," said Mayor Chuck Reed. "With unparalleled access to capital and talent, San Jose is an ideal location for international companies looking to expand. We look forward to working with the Canadian Cleantech Accelerator to help these companies stay here and grow here in the years ahead."
The Trade Commissioner Service at the Canadian Consulate is an organization dedicated to encouraging trade, investment and innovation partnerships between Canada and California. "We have a great deal of promise when it comes to Canadian cleantech innovation and the opportunity to partner strategically with Silicon Valley firms through the Cleantech Accelerator program is an ideal scenario for our companies," said Minister Oliver. "This will further enhance and strengthen existing collaborations in the knowledge-based industries between Canada and California."
The Canadian Cleantech Accelerator program builds on the success of two other Canadian Accelerator programs already operating in the San Francisco Bay Area," said Cassie Doyle, Consul General of Canada. "This new program will help provide Canadian clean technology companies access to customers and partners in California and other global markets."