In addition to FedDev Ontario's repayable contribution, FORGE Hydrocarbons has leveraged $25.6 million from private investors. FedDev Ontario's repayable contribution to IGPC supports a $112 million project leveraging more than $107 million in other investments.
The Province of Ontario's renewable energy industry and agricultural sectors produce 380 million lpy of high-octane fuel grade ethanol and 340,000 tpy of distillers' grains (DDGs) from 36 million bushels of Ontario corn.
FedDev Ontario has invested over $123 million in 60 Ontario clean technology projects since 2015. (Source: FedDev Ontario, Website News, CTV News, 12 Aug., 2020) Contact: FedDev Ontario, www.feddevontario.gc.ca; IGPC Ethanol, 519-765-2575,
www.igpc.ca; Forge Hydrocarbons, www.forgehc.com
More Low-Carbon Energy News FedDev Ontario, IGPC Ethanol, FORGE Hydrocarbon,
To that end, BIc is establishing the Ontario Bioindustrial Innovation Network (OBIN) -- a second hybrid chemistry cluster in Brockville, Eastern Ontario. BIC will partner with the St. Lawrence Corridor Economic Development Commission and St. Lawrence College to deliver OBIN.
Further to our BIC May, 2019 coverage, Bioindustrial Innovation Canada has released Canada's first national Bioeconomy Strategy reflecting the views of more than 400 industry representatives from across the country. The Strategy recommends action on four key priority areas identified in foundational work by the Advisory Council on Economic Growth, the Economic Sector Strategy Tables, and Canada's forestry ministers. These priority areas call for: creating agile regulation and government policy; establishing biomass supply and stewardship; building strong companies and value chains; and building strong sustainable innovation ecosystems.
Download the Canada's Bioeconomy Strategy report HERE.
(Source: Bioindustrial Innovation Canada, Biofuel Int'l. 17, Feb, 2020) Contact: Bioindustrial Innovation Canada, Sandy Marshall, (226) 778-0020, email@example.com, www.bincanada.ca
More Low-Carbon Energy News Bioindustrial Innovation Canada , Biofuel,