Ontario-Agritech-202110
Project Description:
Amount Funded: $300,000
Amount Funded: $250K - $500K
Industry: AgriTech
Province: Ontario
Type of Facility: SR&ED Financing
Days to Fund: 7
Use of Funds: Product development often takes longer than planned. Using SR&ED financing to finish the last mile is exactly what this company did. WIth breakthrough technology, the company utilized SR&ED financing as a runway extension until their orders converted to cash.
Company Background: This Ontario Agritech company has created a new generation indoor agriculture system designed for precise, scalable production of high-value plants in industrial and research facilities.