MP Lambropoulos announces $2.5 million for Montreal company to develop natural fertilizer
MONTREAL, Nov. 15, 2017 /CNW/ - Canadian families could have access to healthier crops thanks to a Government of Canada investment in the development of a new clean technology aimed at decreasing the need for man-made fertilizers.
The $2.5 million investment was announced today by Emmanuella Lambropoulos, Member of Parliament for Saint-Laurent, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development.
This investment in Inocucor Technologies supports the development of Synergro Free, a natural biological fertilizer that improves plant and soil health. The technology is working to enhance the natural growth process for plants and crops. It could increase yields in row crops, such as corn, wheat and soybean, while decreasing the need for pesticides and other synthetic fertilizers.
This project is being funded through Sustainable Development Technology Canada, which works with Canadian companies to bring early-stage clean technologies to market.
Investments in clean technology are part of the Government's Innovation and Skills Plan, a multi-year strategy to create well-paying jobs for the middle class and those working hard to join it.
Source: CISION