Announced today, 27 businesses have received funding and mentorship through Innovacorp’s ocean technology and clean technology acceleration programs this fall — including Graphite Innovation and Technologies (GIT).
GIT co-founder Mo Algermozi was on hand for the announcement at the Technology Innovation Centre in Dartmouth, Nova Scotia. The event featured speeches from local elected government officials, including Member of Parliament Darren Fisher, who was speaking on behalf of Atlantic Canada Opportunities Agency Minister Navdeep Bains.
The CleanTech Accelerate Program helps Nova Scotia blue and green technology companies get investment ready. GIT will receive $40,000 in non-dilutive, non-repayable funding to address key technical and business milestones. In addition to the funding, GIT will get access to a series of acceleration activities and resources.
The Blue Solutions Start-Up Challenge is a competition to build on the increasing ocean technology development across our region and to ignite the start-up community in Nova Scotia. As a round one winner of Blue Solutions, GIT will receive $10,000 in non-dilutive, non-repayable funding and will pitch for the chance for another $50,000 in January 2018.
“Participating in Innovacorp’s ocean acceleration programs will push our company forward,” said Mr. Algermozi. “We are very excited to put this funding into action to help us refine our innovations and build even stronger products.”
GIT’s winning entries were aimed at further developing it’s disruptive marine product, GrapheneCoat™. GrapheneCoat™ is an anti-biofouling marine coating which utilizes graphene to create a formula that works to protect ship hulls from corrosion and biofouling, helping to increase fuel efficiency and the longevity of boat hulls. By discouraging the growth of organisms, this innovative coating drastically improve the performance of a boat over its lifetime.
It’s worth noting that GIT was the only cross winner selected, having been selected as a recipient in both the ocean tech and clean tech acceleration programs.
GIT was also selected for an interview with CBC Nova Scotia reporter Paul Withers after the announcement event. The segment will air during the local news broadcast at 6:00pm (AST) on CBC Nova Scotia.
For the list of the other companies participating in Innovacorp’s ocean and clean technology programs, visit https://innovacorp.ca/news/ocean-and-clean-technology-program-participan…
Over 25 of North America’s most innovative ocean technology startup companies have been selected to present in San Diego, California on November 10, 2017 — including Graphite Innovation and Technologies (GIT).
GIT co-founders Mo. Algermozi and Marciel Gaier will take to the stage to demonstrate their graphene products and showcase their offerings at the BlueTech PitchFest event. Featured in their presentation will be information about of their disruptive product GrapheneCoat™, a multi-functional coating designed for anti-corrosion and anti-fouling purposes specifically for marine applications (e.g. ships and boats of diverse sizes).
Twenty-six organizations are set to present at the BlueTech PitchFest event. GIT is the only representative selected from Canada to present. Pitches will be accompanied with additional time for Q&A from potential investors. Angel and impact investors, philanthropists, potential corporate partners and other SMEs are encouraged to attend.
The GIT team will also be attending several events during BlueTech Week in San Diego from November 6-11. Co-founders Mo. Algermozi and Marciel Gaier are interested in making new connections—from potential investors and clients to partners and new connections in the US market. If you are interested in meeting with our team, please email us at email@example.com to arrange.