NEWS RELEASE
SARNIA, Ontario - Bioindustrial Innovation Canada (BIC) is a nationally focused not-for-profit business accelerator that provides critical strategic investment, advice and services to business developers of clean, green and sustainable technologies. In 2015, BIC established the Centre for Commercialization of Sustainable Chemistry Innovation (COMM SCI) initiative, which acts as a hub for the commercialization of sustainable chemistry and bio-based innovation.
Over the past four years, BIC has supported many projects with early stage companies within the Sarnia-Lambton Hybrid Chemistry Cluster. These projects provided an opportunity for regional economic development and diversification. BIC works closely with its many partners in Sarnia-Lambton including Lambton College, the Western Sarnia-Lambton Research Park, the Sarnia-Lambton Economic Partnership, Bioindustrial Park Sarnia and the Bluewater Energy Park. BIC continues to support ongoing COMM SCI partnerships, projects, and investments and invites new early stage companies to work with BIC and its partners to further expand the Sarnia-Lambton Hybrid Chemistry Cluster.
BIC is also pleased to continue to support the development of a second hybrid chemistry cluster in Eastern Ontario with its new partners; the St. Lawrence Corridor Economic Development Commission (SLCEDC) and St. Lawrence College (SLC). These activities will continue to be managed by Joe Hendriks, BIC’s Eastern Ontario Project Manager. “The SLCEDC is very excited about this partnership with BIC and sees huge potential to collaborate on our very much aligned mission, goals and objectives,” says Joe Hendriks. “BIC brings substantial capability to the table for Eastern Ontario which will help us with our mission to attract new industrial and commercial employers to the region." BIC believes that there are significant opportunities to execute COMM SCI projects in Eastern Ontario that can leverage the existing infrastructure and expertise. By supporting these opportunities, BIC and its partners can remove barriers to commercialization for new bio-based start-ups and sustainable chemistry companies who can bring innovation to full commercialization.
For more information please contact:
A.J. (Sandy) Marshall Executive Director Bioindustrial Innovation Canada Email: sandym@bincanada.ca Tel: 1.226.778.0002 ext. 237 Or Julia Struyf Marketing and Communications Manager Bioindustrial Innovation Canada Email: julias@bincanada.ca Tel: 1.226.778.0020 ext. 249
About Bioindustrial Innovation Canada (BIC)
Creating jobs and economic value sustainably for Canada is the vision driven by Bioindustrial Innovation Canada (BIC). BIC is a not-for-profit business accelerator for sustainable chemistry, who has created a successful foundation to support an emerging hybrid chemistry cluster in Sarnia-Lambton, Ontario. BIC recognizes that the expansion and development of the bioeconomy in Sarnia-Lambton can grow alongside the petrochemical industry. BIC further focuses on critical strategic capital investment in SME’s 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’s proven approach for clean, green and sustainable chemistry-based companies offers an ideal platform for the investment necessary to advance hybrid chemistry value chains, providing not only regional economic development and job benefits, but access to global markets.