Grants and Contributions:
Title:
19IFIT-TERLY
Agreement Number:
19IFIT-TERLY
Agreement Value:
$250,000.00
Agreement Date:
Dec 4, 2018 - Apr 30, 2019
Description:
The objective of the project is to build a commercially exploitable pilot unit that will produce, from white birch bark residues, up to 6 tonnes per year of 90% -93% purity betulin, and an ingredient that will be marketed as an active ingredient in the dermocosmetic sector due to its protective and regenerative properties of skin cells.
Organization:
Natural Resources Canada
Expected Results:
The expected results will increase competitiveness and economic sustainability (jobs created, jobs secured, new revenues streams for companies, diversification of product portfolios).
Location:
QUÉBEC, Quebec, CA G1P 4M3
Reference Number:
115-2018-2019-Q3-07580
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
738710524
Recipient Type:
For-profit organization
Additional Information:
Grant or contribution awarded and spanning more than one fiscal year.
Recipient's Legal Name:
TERLYS INC
Program:
Contributions in support of Investments in the Forest Industry Transformation Program
Program Purpose:
The objective of Investments in Forest Industry Transformation is to support forest industry transformation that will make the forest industry more commercially and environmentally more sustainable by investing in innovative technologies that lead to a more diversified, higher-value product mix including bioenergy, biomaterials, biochemicals, and next generation building products.