INITIATIVE OVERVIEW

Building resilient communities

From floods and fires to droughts and famine, climate-related catastrophes are becoming more severe and frequent, threatening the well being of communities around the globe. Canada’s infrastructure, economy and safety depends on our ability to predict, prevent, manage and recover from the impacts of a changing climate. We need to invest in adaptation technology to build resilience for tomorrow — today. MaRS’s Adaptech Accelerator aims to support high-potential startups so that they can deploy their adaptation solutions faster.

Building resilient communities

Accelerator objectives

This accelerator aims to help build climate resilience in three key ways.

  • Attract and support eight to 10 ventures helping Canadians prepare, prevent, recover or respond to the impacts of climate change.
  • Increase capital flows going toward adaptation and resilience solutions.
  • Advance the adoption of Adaptech solutions across Canada.

Accelerator objectives

APPROACH AND PROJECTS

Investing in tomorrow

The Adaptech Accelerator is graciously supported by Definity Financial Corporation. Its generous contribution will enable this two-year program to fill a critical gap in Canada’s climate innovation ecosystem by providing support to ventures so they can advance the development of their solutions. As a leader in the climate space, Definity brings deep expertise in risk and resilience to this initiative. Combined with MaRS’s extensive experience supporting startups, this accelerator will play a key role in helping Canadian communities build climate resilience.

Investing in tomorrow

The Adaptech Accelerator will provide up to 10 Canadian startups with tailored programming, market research, PR, advisory support, network building, as well as connections to capital, world-class labs, and industry partners and governments seeking resilience solutions. Through this program, we aim to bring adaptation technologies to the forefront of Canada’s climate economy, scale up solutions and accelerate the adoption of adaptech across the nation.

For more information, reach out to the MaRS climate team at mfm@marsdd.com

Featured photo courtesy of Turenscape Landscape Architecture; Subsequent photos: iStock