Thank you very much, Mr. Chairman, and thank you for the opportunity to be here this morning to address you on what is a very important topic for the success of the companies that SDTC supports. I believe you have our presentation there.
The points that I want to start out with is that the clean-tech industry is one that is not perhaps well understood, but it's generated some 44,000 jobs, which are in fact in excess of the direct jobs in the extraction industries of mining and forestry, and comparable to those in oil and gas. So they are important players in the success of our natural resource industries and beyond that, in looking at how we use energy and create efficiencies for this country.
Ninety-two percent of these clean-tech companies are small and medium-sized enterprises. They do work that integrates into a broad number of sectors and they are actually driving the economy. Some 60% of Canada's workforce is accounted for by SMEs. Forty-five percent of Canada's GDP and 75% of the net job growth is dependent on the success of SMEs.
SDTC works with these companies to build their value proposition and their technologies, and to strengthen them to receive private sector investment, and also to get them to customers and channels to market. As you can see on the second slide of our presentation, these companies are spread across the country. They represent clusters and capability. They are very broad-ranging and they're very diverse.
We currently have about a $1.9-billion portfolio of projects under management, of which the government has put in $500 million and the rest is being put in predominantly, some 80-odd percent, by industry. These companies, numbering 220 in total in the portfolio, are generating jobs and revenues. The total job numbers cumulative to 2011 will be in the order of just over $400 million, which the government has put $100 million into.
So they are generating revenues, and that's for only one-fifth of our current portfolio. These companies have a compound annual growth in revenue of twice that of non-SDTC clean-tech companies and twice the global average. Incidentally, the leverage on public dollars is about times 14.
The proposition that we want to put to this committee, which you'll see on slide three, is that the clean-tech business is a very important one for Canada's economy. Eighty percent of Canadian clean-tech companies export, as compared to 90% of SMEs in general. Fifty-three percent of those revenues that are exports are outside of the U.S., or 55% is outside of the U.S.
The revenues on the export sales side for non-U.S., which is predominantly the EU, is 23%. So we've got some very important players, and they are already quite robust, but an enhanced liberalized trade agreement with Europe will significantly help these companies move forward and be more successful.
If I could turn your attention to the histogram on slide five, it shows that already we produce and have globally competitive Canadian companies in the SDTC portfolio. The representation in the black part of that column shows that historically about 10% of our SME exports are into Europe, and that is an amount that we believe will grow. We are predicting a forecast of about 14% of the exports will be in the EU by 2014, and this is without a CETA arrangement. The position we have is that you have strong Canadian clean-tech companies that could certainly do with a strengthening of those opportunities.
If you look at the slide on page 6, you can see that we are competitive with the European Union. We have nine globally competitive subsectors ranging from upstream technologies in biofuels and power generation to downstream segments notably in remediation and soil treatment, recycling and recovery, and energy efficiency. We also have water segments. We have capacity to respond to them.
We're very excited because the European Union represents a very large market and a significant opportunity on the environmental side, because as we know--and you can see that with their low carbon policies--the EU has an orientation towards environmental approaches. Therefore we see this as an opportunity for the clean-tech companies to build and access that market, something that will be greatly facilitated by the CETA arrangement the government is negotiating.
That captures the bulk of my comments in support of this for Canadian clean-tech companies.
Thank you.