DAILY NEWS Jul 25, 2014 11:08 AM - 0 comments

Bioplastics maker Solegear gets $1.6 million government funding

TEXT SIZE bigger text smaller text
2014-07-25

Canadian bioplastics maker Solegear Bioplastics Inc. has received $1.6 million in federal government funding.

 

Vancouver-based Solegear receives the funding through the Western Innovation Initiative (WINN), a program offered by Western Economic Diversification Canada. Designed to spur innovation and economic development, WINN helps small- and medium-sized technology businesses commercialize their products, services, and processes.

 
“This is a big deal for us. It’s an honour to be recognized as an innovator by the Government of Canada, and the funding is going to help us accelerate our commercialization,” said Toby Reid, founder and CEO of Solegear. “If you look at how critical innovation is to a thriving economy, programs such as WINN are vital for innovative businesses, like Solegear, who are in the process of scaling up. We look forward to deploying these funds and continuing our growth toward becoming a leading global supplier of next generation, bio-based plastics.”

 
Founded in 2006, Solegear produces and distributes high-performance bioplastics made from annually renewable bio-based sources.



Horizontal ruler

Horizontal Ruler

Post A Comment

Disclaimer
Note: By submitting your comments you acknowledge that Canadian Plastics has the right to reproduce, broadcast and publicize those comments or any part thereof in any manner whatsoever. Please note that due to the volume of e-mails we receive, not all comments will be published and those that are published will not be edited. However, all will be carefully read, considered and appreciated.

Your Name (this will appear with your post) *

Email Address (will not be published) *

Comments *



* mandatory fields