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BioFlash: Connecting You With New Brunswick's Bioscience Sector
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September 12th, 2016
By BioNB
Corruven Canada Inc. Receives Federal Funds to Research and Design Green Technology
Start-up looks to meet demand for lightweight composite wood materials

Press Release, Saint-Basile, NB – September 12, 2016

This research project will help the company develop new markets for its packaging and bed platform products in Canada and in the United States, strengthen its position as a leader in wood product innovation, and will also create ten new jobs for the region.

The Government of Canada is providing a conditionally-repayable contribution of $2 million through ACOA’s Atlantic Innovation Fund (AIF) as well as $2.475 million through the Investments in Forest Industry Transformation (IFIT) Program delivered by Natural Resources Canada (NRCan).

This funding commitment complements the Government of Canada’s Innovation Agenda, which is designed to make Canada a global centre for innovation—one that creates jobs, drives growth across all industries and improves the lives of all residents.

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