SCA INVESTMENT FUND
BIC has created a robust due diligence process to review and assess the viability of an early stage company to commercialize. BIC further focuses on critical strategic capital investment in SMEs with compelling business plans where innovation in science and engineering can bring about major advances in sustainable chemistry. Sustainable chemistry is playing an important role in the development of solutions to the impacts of climate change, peak oil, energy security, the need for safe water, and the use of scarce natural resources. The increasing global demand for green and safer products offers the opportunity to create thousands of new jobs for Canadians. BIC utilizes its Sustainable Chemistry Alliance Investment Fund (SCA Fund) to provide equity investment. Revenue generated within the SCA Fund is reinvested in the next round of commercialization ventures.
Under COMM SCI investments, BIC has invested in more than $3 million in seven companies who have leveraged an additional $57 million from other capital sources. Four of these companies are committing these funds to build their first commercial demonstration plants in the Sarnia-Lambton Hybrid Chemistry Cluster. The capital cost for construction of these four pioneer plants is expected to exceed $100 million and will bring further regional diversity and contribute to the community's transition towards a low carbon economy.
August 8, 2017
Vive Crop Protection Announces Biopesticide Partnership with SDTC
Vive Crop Protection is pleased to announce a new partnership with four biopesticide manufacturers to develop new and improved biopesticides, supported By Sustainable Development Technology Canada (SDTC). Biopesticides are the fastest growing crop protection segment.
June 6, 2017
Vive Crop Protection and SipcamRotam Announce Partnership
Vive Crop Protection and SipcamRotam are pleased to announce a partnership to bring to market new products containing Vive’s Allosperse Delivery System(™) for the turf, ornamental, and specialty markets. “Improved fertilizer mixing and the ability to target nematode and insect pests below the thatch layer are key needs for these markets,” said Michael Maravich, SipcamRotam’s Vice President, Specialty Business.
March 2, 2017
Vive building deep pipeline of products to expand crop protection possibilities
Toronto, Ontario (March 2, 2017) – It has been a good year for Vive Crop Protection. The 2016 field results are very positive, there is a new facility in the works and the EPA has approved registration for a new product for turf, as well as other possible applications.
January 13, 2017
Vive’s innovative technology creates new possibilities in crop protection
Growers wanting to give their crops the best start possible have a new tool; the Allosperse™ delivery system. And field results are proving the benefits.
“Corn yields in 2015 and 2016 saw an average increase of almost six bu/acre. About 80 percent of the 24 fields in the program had a yield bump with in-furrow AZteroid™ FC application,” says Dr. Darren Anderson, Chief Communications Officer, Vive Crop Protection. Several growers were also able to skip expensive, late-season foliar applications due to reduced disease pressure and increased plant health.
The Bioeconomy Drives Future Innovation
As we look at the world of the future we see increasing global population, creating increased environmental pressures, as well as climate change and food supply pressures. Based on these pressures, the world will need to change its approach to consumption, production, storage, processing and recycling with a move to a sustainable world.
The Entrepreneur and Technology - The Road Less Travelled
I recently read through a book by Denzil J. Doyle titled : “Making Technology Happen - How to find, exploit and manage innovative products, services, and processes”. It is a handbook that all entrepreneurs (the person with an idea that he or she thinks can be turned into a successful business) should have in their reference list.
KMX Starts Production at Pilot Plant in Sarnia
With production startup this fall at KmX Corporation’s pilot plant in Sarnia, CEO Isaac Gaon says the company’s membrane technology has attracted significant interest from other companies in the region.
Disclaimer: The press releases contained in this archive section are provided for historical purposes only. The information contained in each press release is accurate only as of the date each press release was originally issued. BIC disavows any obligation to update the information contained in such press releases after the date of their issuance.