Canada’s Leading Bioeconomy Organization

Building world-class companies and delivering economic value for Canada, sustainably.

Founded in 2008, Bioindustrial Innovation Canada provides critical strategic investment, advice and services to business developers of clean, green and sustainable technologies. Our expertise in commercialization builds a stronger Canada. 

We pursue our mission by investing in emerging companies that are commercializing technology which supports the transition towards a sustainable, net-zero carbon economy.

Our Proven Track Record

32

strategic & critical early stage investments.

5,800+

jobs created.

1 Mt +

reduction of CO2 by BIC portfolio companies.

$400M

leveraged in third-party investment.

The Latest News

Featured
Napanee based FireRein is sparking innovation in eco-friendly firefighting
Napanee based FireRein is sparking innovation in eco-friendly firefighting

Napanee, Ontario-based FireRein Inc. has introduced a groundbreaking approach to firefighting with its bio-based water additive to displace surfactant foams. Made entirely from 100% food-grade ingredients, FireRein’s Eco-Gel™ offers a non-toxic, environmentally friendly, and PFAS-free (perfluoroalkyl and polyfluoroalkyl substances) alternative to traditional firefighting additives.

Commercializing graphene oxide composite membranes to reduce industrial energy consumption and associated GHGs
Commercializing graphene oxide composite membranes to reduce industrial energy consumption and associated GHGs

Bioindustrial Innovation Canada (BIC) was first introduced to Evercloak in 2022 as an advanced materials innovation spin-out from the University of Waterloo. BIC’s introduction to Evercloak was at the request of a national venture capital investor looking for technical due diligence support.

Closing the Loop and Bringing the Plastics Economy Full Circle in Ontario  
Closing the Loop and Bringing the Plastics Economy Full Circle in Ontario  

GreenMantra is a leader in producing value-added polymer additives and other offsets to fossil-derived chemicals from recycled plastics. It is the first company in the world to commercialize molecular recycling of post-consumer and post-industrial plastics to high-value additives. To date, GreenMantra has successfully commercialized various grades of synthetic waxes derived from multiple polymer additives that meet specific performance requirements for application across a wide range of industrial applications. 

Sustainable investments powering the future via AlumaPower’s innovative long duration clean energy while creating benefits for Ontario  
Sustainable investments powering the future via AlumaPower’s innovative long duration clean energy while creating benefits for Ontario  
Bioindustrial Innovation Canada Welcomes New Chair of the Board, Rose Marie Gage, and Bids Farewell to Jean Hamel
Bioindustrial Innovation Canada Welcomes New Chair of the Board, Rose Marie Gage, and Bids Farewell to Jean Hamel

Bioindustrial Innovation Canada, a leader in supporting the commercialization of clean, green, and sustainable technologies, is pleased to announce the appointment of Rose Marie Gage as the new Chair of the Bioindustrial Innovation Canada (BIC) and Sustainable Chemistry Alliance (SCA) Boards. BIC also extends its gratitude to outgoing Chair, Jean Hamel, for his dedicated service to BIC, SCA and the greater bioeconomy ecosystem.

Investment to scale E-Zinc’s long duration energy storage technology and creating benefits to Ontario 
Investment to scale E-Zinc’s long duration energy storage technology and creating benefits to Ontario 

In 2018, e-Zinc demonstrated through a Sustainable Development Technology Canada (SDTC) project that a 50-watt air-zinc battery could act as long-term storage for solar energy. e-Zinc was looking to scale the technology to a 100-watt cell and improve its system.

Strategic investing to green the plastics recycling industry 
Strategic investing to green the plastics recycling industry 

GreenMantra Technologies (GMT), based in Brantford, ON, has been working on innovative upcycling technologies, transforming waste polypropylene and polyethylene into to high-value additives for various customer applications.

Validating manufacturing and cost projections of e-Zinc’s air cathode, and creating benefits for Ontario via e-Zinc’s long duration energy storage technology
Validating manufacturing and cost projections of e-Zinc’s air cathode, and creating benefits for Ontario via e-Zinc’s long duration energy storage technology

e-Zinc’s mission is to develop affordable, safe and reliable long-duration energy storage solutions for the world’s environments and most critical applications, using ubiquitous and recyclable materials. As an early-stage company, e-Zinc operates in a nascent sector which is looking to solve the challenges of the world’s energy transition.

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