Vive Receives Investment of $3.7 Million from Government of Canada Through SDTC

STDCVive Crop Protection is pleased to announce that it received an investment of $3.7 million from the Government of Canada through Sustainable Development Technology Canada (SDTC) to develop an improved pesticide application distribution method that will translate into greater efficiency and reduced wastage.

“Canada must nurture highly skilled individuals and new ideas that will help our businesses innovate, secure new markets and create well-paying jobs,” said Minister Oliver. “By supporting advanced research and technology, our government is investing in Canadian prosperity and a cleaner environment.”

“The projects announced today are great examples of the Canadian innovation and entrepreneurship that characterizes SDTC’s portfolio, valued at more than $2 billion and brimming with innovative technological solutions,” said Vicky Sharpe, President and CEO of SDTC. “Canadian cleantech leaders are continuing to create economic opportunities and open up avenues to new export markets.”

“Canadian farmers want a more economical and effective way to protect their crops from pests,” said Keith Thomas, CEO, Vive Crop Protection. “Thanks to support from the Government of Canada through Sustainable Development Technology Canada, Vive Crop Protection will further develop the Allosperse platform, precisely targeting pesticides where they act on crops.”

This funding was a part of a $14.7 million investment announced by the Government of Canada to support four clean technology projects.

STDC website