CALGARY, AB, Could 31, 2023 /PRNewswire/ — Plug and Play, a number one innovation platform, has introduced a brand new relationship with Suncor, the primary company to affix the Plug and Play Sustainability program in Alberta, Canada. The connection between each entities is designed to advance sustainable power expertise and adoption throughout the nation.
Suncor will work carefully with Plug and Play to establish industry-leading startups which can be driving innovation in sustainable power. Via this platform, Suncor will interact with startups and scaleups to resolve {industry} challenges, drive effectivity enhancements, and advance digital transformation.
Plug and Play’s Sustainability innovation platform is a strong software for connecting the world’s largest firms with probably the most modern startups. By bringing collectively game-changing concepts from totally different industries and international locations, Plug and Play is empowering innovators to deal with a number of the biggest environmental challenges that our society faces in the present day. The platform was first launched within the coronary heart of Silicon Valley in 2019, and it has since expanded to eight sustainability hubs worldwide. So far, the platform has accelerated over 160 startups, facilitated 220 pilot tasks and proof of ideas, and deployed $150 million in capital, driving significant progress towards a extra sustainable future.
“The power {industry}’s future is present process a outstanding transformation, which calls for a novel strategy to conventional processes,” mentioned Lindsay Smylie, Director for Plug and Play Alberta. “We’re delighted to have Suncor be part of us to establish options that may assist remodel the {industry}.”
Suncor has been an energetic participant in Plug and Play Alberta’s sustainability startup accelerator program since 2022. With a deep dedication to innovation and sustainability, Suncor has been offering beneficial steerage to taking part startups, serving to them to refine their applied sciences and scale their companies. For startups fascinated by working with Suncor by means of the innovation platform, go to www.plugandplaytechcenter.com/join for extra info.
About Plug and Play Alberta
Plug and Play Alberta is constructing a world-class innovation platform to draw prime expertise and funding to the area and assist Albertan entrepreneurs to scale and develop, rent tech expertise, and propel digital transformation throughout the province. Plug and Play is a part of the Alberta Scaleup and Growth Accelerator Program that’s run by a consortium led by Alberta Innovates. The consortium, which additionally consists of Alberta Technology and Innovation, Edmonton Unlimited, the Opportunity Calgary Investment Fund, and Prairies Economic Development Canada (PrairiesCan), allotted $35 million over three years to retain enterprise accelerators. It is a part of the Alberta authorities’s purpose to assist create 20,000 jobs and improve expertise agency income to $5 billion by 2030.
About Plug and Play Tech Heart
Plug and Play is a number one innovation platform, connecting startups, firms, enterprise capital corporations, universities, and authorities businesses. Headquartered in Silicon Valley, we’re in 50+ areas throughout 5 continents. We provide company innovation packages and assist our company companions in each stage of their innovation journey, from training to execution. We additionally arrange startup acceleration packages and have constructed an in-house VC to drive innovation throughout a number of industries the place we have invested in lots of of profitable corporations, together with Dropbox, Guardant Well being, Honey, Lending Membership, N26, PayPal, and Rappi. For extra info, go to pnptc.com.
Plug and Play Contact
Kristyn Coons
Senior Program Supervisor, Sustainability
Plug and Play Tech Heart
[email protected]
SOURCE Plug and Play
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