NEXE Innovations Awarded $1,000,000 from the Government of Canada
VANCOUVER, BC, Jan. 14, 2021 /PRNewswire/ -NEXE Innovations Inc. ("NEXE" or the "Company"), a leader in plant-based materials science and advanced manufacturing technologies, is pleased to announce that it has been awarded a $1,000,000 grant from the Government of Canada ("GOC") to support the commercialization of its NEXE Nespresso-Compatible Pods.
- VANCOUVER, BC, Jan. 14, 2021 /PRNewswire/ -NEXE Innovations Inc. ("NEXE" or the "Company"), a leader in plant-based materials science and advanced manufacturing technologies, is pleased to announce that it has been awarded a $1,000,000 grant from the Government of Canada ("GOC") to support the commercialization of its NEXE Nespresso-Compatible Pods.
- This follows a $150,000 grant that NEXE received in 2019 during Phase 1 of the program to support prototype development.
- NEXE was awarded Phase 2 funding to develop plant-based and fully compostable Nespresso-Compatible coffee pods from bioplastic and wood fibre.
- NEXE Innovations Inc. is a leader in plant-based compostable technology and advanced materials manufacturing based in British Columbia, Canada.