Cleantech Commons is designed to host a cluster of growth companies, spin-out & startup ventures, and corporate accelerators & “innovation outposts”, all focused on researching, creating and commercializing clean technology products, services and technologies that aim to increase performance while reducing negative environmental impacts.
This includes in areas such as agriculture and bioproducts, energy efficiency, smart grid and energy storage, solar energy, transportation, water and waste management, wind and geothermal, and other renewables.
This Cleantech Commons community of clean, green, low- & zero-carbon and negative-emission energy, environment and climate technology researchers, innovators & entrepreneurs will be co-located with the academic & research expertise of Trent University and supported by value-adding business support, commercialization, mentorship & incubation/ acceleration services.
Connected clusters like ours are important for developing both new & existing companies through innovation.
Throughout history, geographic-based clusters have been key facilitators of knowledge transmission and catalysts for innovation
In modern economies, the more diverse and interconnected a community is, the better the ideas, the more the innovation, and the greater the wealth it is capable of generating
And, demonstrably, innovation attracts capital and investment, drives economic growth, and supports new venture formation & job creation.
The clean technology businesses and research laboratories at Cleantech Commons will help to significantly advance, in particular, energy, environment and climate innovations that will have both national and global environmental and economic impact.
The value-added services, facilities, business expertise and mentorship at Cleantech Commons will all support growth in the innovation system and help to transition breakthroughs in research from the lab to the marketplace.
The Trent Enterprise Centre at Cleantech Commons, a clean technology accelerator and scale-up facility, for example, will enhance technology development and startup formation from research: increasing commercialization through spinouts from academia, licensing deals with industry, and attracting public and private capital into early-stage innovation in our community.
Designed to tap into the region’s growing cleantech innovation ecosystem, Cleantech Commons will provide companies with access to the professional facilities, customized resources, expert knowledge, research expertise and coaching & mentorship they require to:
- Develop solutions that help reduce greenhouse gases,
- Promote the use of renewable resources,
- Contribute to a low carbon economy,
- Reduce waste,
- Develop new environmental remediation approaches and
- Commercialize clean and green processes and products.