RBC inks first deal for its Social Finance initiative, investing $500,000 in MaRS Cleantech Fund

RBC inks first deal for its Social Finance initiative, investing $500,000 in 
MaRS Cleantech Fund 
TORONTO, Aug. 21, 2013 /CNW/ - MaRS Discovery District today announced that 
the RBC Generator, the impact investing arm of RBC's Social Finance 
initiative, has invested $500,000 in the MaRS Cleantech Fund, Canada's most 
active dedicated early-stage cleantech venture fund. This is the first deal 
announced through the RBC initiative. 
Launched in 2012, the MaRS Cleantech Fund aims to provide early-stage funding 
to companies developing next-generation clean technology breakthroughs with 
global markets, deep intellectual property and capital-lean business models. 
The Fund also leverages the strength of a non-exclusive, strategic 
relationship between MaRS and the private sector. 
The RBC Generator provides financing for enterprises that address clean water, 
energy efficiency, or employment opportunities for youth or disadvantaged 
"RBC's investment speaks to the momentum that is building around the impact 
investing agenda both in Canada and globally," said Tom Rand, co-managing 
director, MaRS Cleantech Fund. "The MaRS Cleantech Fund targets technologies 
that will change the energy game. This investment from RBC will help these 
ambitious and talented entrepreneurs become global leaders." 
The MaRS Cleantech Fund will invest in 10-12 cleantech companies that aim to 
provide solutions to pressing challenges such as rising energy prices, 
resource scarcity and carbon emission constraints. The Fund is able to 
mitigate early-stage investment risks by leveraging its relationship with 
MaRS, which provides access to a leading network of innovators developing 
clean and sustainable technologies. According to Ottawa-based Analytica 
Advisors, the global cleantech market is expected to reach $3 trillion by 2020. 
"RBC is proud to support MaRS in its efforts to help ignite entrepreneurship 
and innovation in Canada by funding businesses that deliberately seek to make 
positive contributions to the community," said Sandra Odendahl, head of RBC's 
Social Finance initiative. "Our investment in the MaRS Cleantech Fund is the 
first made by the RBC Generator, and we hope that others in the business 
community will make similar commitments to help create positive social and 
environmental change." 
Today's announcement is part of RBC's multi-million-dollar commitment to help 
drive social and environmental change through private investment activity. 
This commitment includes the $10 million RBC Generator—a pool of RBC capital 
designed to finance enterprises addressing social and environmental 
challenges—and a $10 million investment of RBC Foundation assets into 
socially responsible investment funds. 
About the MaRS Cleantech Fund 
The MaRS Cleantech Fund (www.marsvf.com) is a private venture fund focused on 
early-stage cleantech investing. The Fund invests in capital-efficient 
companies with strong intellectual property, a global market opportunity and 
experienced management teams. Portfolio companies are encouraged to seek 
maximum support from MaRS. The Fund is managed by two experienced 
entrepreneurs: Dr. Tom Rand (Twitter: @tomrand, www.tomrand.net) and Murray 
McCaig (Twitter: @murraymccaig). 
About MaRS Discovery District 
MaRS Discovery District (Twitter: @MaRSDD) is a mission-driven innovation 
centre located in Toronto. MaRS works with partners to catalyze, accelerate 
and amplify innovation. MaRS supports entrepreneurs building Canada's next 
generation of growth companies. In the last three years, MaRS startup clients 
have raised over $750 million in capital, earned over $375 million in revenue 
and hired well over 3,500 workers into knowledge economy jobs. 
About RBC 
Royal Bank of Canada (RY on TSX and NYSE) and its subsidiaries operate under 
the master brand name RBC. We are Canada's largest bank as measured by assets 
and market capitalization, and are among the largest banks in the world, based 
on market capitalization. We are one of North America's leading diversified 
financial services companies, and provide personal and commercial banking, 
wealth management services, insurance, and investor services and wholesale 
banking on a global basis. We employ approximately 80,000 full- and part-time 
employees who serve more than 15 million personal, business, public sector and 
institutional clients through offices in Canada, the U.S. and 44 other 
countries. For more information, please visit rbc.com. 
RBC is recognised among the world's financial, social and environmental 
leaders and is listed on the 2012-2013 Dow Jones Sustainability World Index, 
the DJSI North American Index, the Jantzi Social Index and the FTSE4Good 
Index. RBC is one of Canada's Greenest Employers, one of Canada's 50 Most 
Socially Responsible Corporations and among the Global 100 Most Sustainable 
Corporations in the World. Learn more about RBC's commitment to communities 
andenvironmental sustainability at www.rbc.com/community-sustainability .

SOURCE  MaRS Discovery District 
Melissa Hughes Manager, Media & Community Relations MaRS Discovery District 
416-673-8100 ext. 2710 mhughes@marsdd.com 
Jackie Braden Director, Brand & Corporate Citizenship Communications RBC 
416-974-1724 jackie.braden@rbc.com 
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ST: Ontario
-0- Aug/21/2013 13:30 GMT
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