FedDev invests $12 million in Bioindustrial Innovation Canada

Mark Henderson
August 18, 2016

Bioindustrial Innovation Canada (BIC) will resume seed funding for firms commercializing bio-based technologies after a four-year lull. The Sarnia ON-based former Centre of Excellence in Commercialization and Research (CECR) received $12 million from the Federal Economic Development Agency for Southern Ontario (FedDev) through its Investing in Regional Diversification initiative and $3 million from Ontario's Ministry of Research and Innovation and Science.

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