ACTia’s 2019 report on the state of Alberta’s Clean Tech sector evaluates progress since 2016. Backed by survey responses from 78 C-suite executives, and by over 30 venture profiles, this report provides evidence that Alberta’s bet on environmental innovation is starting to pay off.
- In 2019, Calgary was ranked one of the world’s top 15 clean technology ecosystems by San Francisco-based Startup Genome
- Nearly two-thirds of Alberta’s clean technology ventures identify their primary market as oil, gas and mining; and one in five are developing solutions in agriculture and forestry.
- Two-thirds of ventures are commercializing solutions that depend on chemical process, material science or advanced manufacturing innovations, in contrast to software-based solutions that make up the majority of clean tech in other parts of the world.
- The median salary has risen by over 7% since 2016, and nine in 10 innovators plan to bring on additional staff in 2019-20
- Over one in three of Alberta’s cleantech ventures has a female founder, vs 13% nationally across the wider tech startup pool.