Axine Water Receives $1 million from the Government of Canada
Award-winning clean technology company Axine Water Technologies has received $1 million from the Government of Canada’s Western Innovation Initiative (WINN) to deploy its disruptive, electrochemical oxidation technology for treating toxic wastewater at customer sites in the chemical manufacturing, pharmaceuticals, microelectronics, and other water-intensive industries.
The funding was announced Wednesday, March 15 at the #BCTECH Summit in Vancouver by the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development. Axine Water is one of 12 companies highlighted by the minister in the current $14.8 million announcement of funding. The WINN program provides $100 million in repayable contributions to small and medium-sized enterprises across Western Canada.
“Canadian companies are working hard to bring their innovative products and services to market,” said the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for Western Economic Diversification Canada. “The Government of Canada is proud to support Axine Water in developing new clean technology solutions for customers worldwide. Clean tech organizations like Axine Water are promoting economic growth, creating high-quality jobs for Canadians, and furthering Canada’s innovation landscape.”
Read the full article on Canadian Insider >>