THE CENTRE FOR COMMERCIALIZATION
OF SUSTAINABLE CHEMISTRY INNOVATION (COMM SCI)
The Centre for Commercialization of Sustainable Chemistry Innovation (COMM SCI) is core to BIC's strategy to create a sustainable organization that can remove barriers to and support the commercialization of clean, green and sustainable technologies. This is achieved in two ways:
i. Providing equity investment in early-stage companies with COMM SCI investments from the Sustainable Chemistry Alliance Fund (SCA Fund)
ii. Providing funding, advice and services to remove barriers to commercialization in early-stage companies with COMM SCI projects
BIC also takes a longer-term approach that supports research and development of new emerging concepts that will be the next generation of start-up companies through the Bioproducts AgSci Cluster Initiative.
ACCOMPLISHMENTS
WE'VE INVESTED IN
BIC-SUPPORTED COMPANIES HAVEREDUCED CO2 EMSSIONS BY
1 Mt
documented to date
BIC-SUPPORTED COMPANIES HAVE CREATED
jobs
early-stage companies
WE'VE LEVERAGED
$350
million in third party investment for early-stage companies
5289
32
BIC will introduce and maintain knowledge-based services built from its experience and extensive network. BIC’s partners such as the Western Sarnia-Lambton Research Park, the Sarnia-Lambton Economic Partnership, the St. Lawrence Corridor, Lambton College, Loyalist College, St. Lawrence College, and regional professional service organizations are committed to providing assets and services which can be leveraged against government commitments to support the successful commercialization of start-up companies with clean, green and sustainable chemistry technologies.
Through each stage of the COMM SCI investment process, BIC will assess the answers to the following questions:
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Does the company meet the BIC criteria of being clean, green and sustainable chemistry?
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Is this a new or game changing technology?
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Is there a clear benefit to a BIC cluster location?
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Is there a solid management team?
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Is there a clear need for BIC investment and strategic assistance?
If we at BIC can answer yes to these questions, your company is probably in a good position to move forward through our project and investment processes.
Do you think your company could be a good fit for a COMM SCI investment? Please contact our Business Analyst & Project Coordinator, Keegan Hoover
226-778-0020 ext. 247