SEATTLE (Scrap Monster): The $2 million funding as part of the Innovative Solutions Canada program will help four Canadian businesses to provide further boost to their innovative recycling techniques to deal with ocean plastic waste.
Nova Scotia-based Ashored Innovations Inc. will receive $702,000 to design and build a low-cost, commercially viable, and acoustically activated rope-less fishing system. In addition, the funding will help the company to develop a rope-less fishing system. It will also support the R&D activities in developing and testing new prototypes.
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Goodwood Plastic Product Ltd. headquartered in Nova Scotia will receive a grant of $475,000, which will be utilized towards boosting handling capacity and production at its new manufacturing facility, which converts end-of-life plastic fishing equipment into plastic lumber products.
A grant of $475,000 has been granted to Ontario-based Plantee Bioplastics Inc. towards developing smart technology for creation of various types of biodegradable plastic products. The new technology intends to lengthen the lifecycle of products by slowing their degradation.
Also, B.C.-based Ocean Legacy Technologies will receive $360,000 to support construction of marine plastics processing facility to boost recovery and recycling of marine plastics into usable ocean plastic pellet.
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