Vive Crop Protection received a Clean Technology award, a new awards category in the Technology Fast 50 program that recognizes Canada’s top clean innovators providing processes, goods or services that reduce environmental impacts. The winning companies are ranked by their revenue-growth percentage over their last four years of operation, proving minimum revenues of $50,000 in 2017 and $5 million in 2020. Vive placed #7 on the list of 15 Clean Tech companies.
Vive Crop Protection's CEO Darren Anderson credits the company’s focus on making chemical pesticides more sustainable and unlocking the full potential of biological alternatives with the company's 740% revenue growth. Anderson said, “We use a delivery technology similar to those built into mRNA vaccines to make more targeted pesticides that improve grower yields and efficiency, increasing their profitability and sustainability. We also use this technology to solve issues with biological or natural crop protection solutions that can reduce chemical use by 50%.”
“We’re delighted to recognize Clean Technology winners, the program’s newest category. These outstanding companies are among the elite of Canada’s technology sector as clean innovators helping create a more resilient and sustainable future for the environment,” stated Anders McKenzie, partner and national leader for the Technology Fast 50 program at Deloitte Canada. “With reduction of our carbon footprint and environmental impact of paramount importance, this new category awards innovators spearheading the clean technology movement, creating the sustainable business and technology landscape of the future.”
Eligibility in the Clean Technology category requires applicants to have a minimum revenue of $50,000 in 2017 and $5 million in 2020. The majority of the companies’ revenues must come from products or services that have a positive environmental impact in the following areas: carbon emissions reduction potential, resources circulation (reduce, reuse and recycle), or environmental preservation and safety.
For the complete list of Technology Fast 50 program winners, click here.
