Innovative projects in Sudbury are getting a boost with $3.6 million in funds from the province.
The Ontario government announced on March 2 that 13 projects would share in the funding from the Northern Heritage Fund Corp.
Among the projects receiving funding, Greater Sudbury will get $1,606,250 to to lead the Northern Ontario Exports program aimed at assisting small and medium-sized enterprises from across Northern Ontario to take advantage of global exporting opportunities.
Another $500,000 will go to Verv Technologies to further commercialization of its at-home health monitoring system, Vi. The system enables users to perform simple blood tests in their home to monitor health indicators like vitamin D levels, glucose, cholesterol, and more.
Bio-Mine Ltd. will use its $67,175 to develop fast, efficient and affordable COVID-19 testing kits. Led by CEO Kurtis Vanwallegham, Bio-Mine has previously conducted research and development in the use of microorganisms for the pre-treatment, recovery and remediation of ore and mine waste material.
During the course of the COVID-19 pandemic, Bio-Mine has spun out a health division to develop a rapid diagnostic test based on RNA and CRISPR technology, which the company claims will be “more accurate and sensitive than any current testing being used today.”
A full list of projects that have been recently funded through the NOHFC is available here.
