Green Technology Grant Summary

Grant Application: Canadian Technology Development Grant

1. Company Information

Company Name: GreenTech Solutions

Business Number: 987654321

Address: 456 Eco Park Avenue, Vancouver, British Columbia, V5K 1A1

Contact Person: Sarah Green

Title: CEO

Phone Number: (604) 987-6543

Email: confidential@greentechsolutions.ca

Website: www.greentechsolutions.ca

Industry Sector: Environmental Technology

2. Project Information

Project Title: Development of Biodegradable Packaging Material

Project Duration: 14 months (Start Date: October 1, 2024; End Date: November 30, 2025)

Total Project Cost: $750,000

Amount Requested from Canadian Technology Development Grant: $450,000 (60% of total project cost)

Other Funding Sources: $300,000 (Company’s own funds)

Technology Readiness Level (TRL): Currently at TRL 3 (Experimental proof of concept), aiming to reach TRL 7 (Prototype demonstration in an operational environment) by the end of the project.

3. Executive Summary

GreenTech Solutions is developing a new biodegradable packaging material aimed at reducing plastic waste and providing an eco-friendly alternative to conventional packaging. This project involves advancing the material from laboratory validation to a prototype ready for industrial-scale production. The goal is to create a sustainable packaging solution that meets industry standards and regulatory requirements.

4. Company Background

GreenTech Solutions, founded in 2021 in Vancouver, specializes in developing sustainable environmental technologies. Our mission is to innovate eco-friendly solutions that address global environmental challenges. Our team of 25 professionals, including material scientists, engineers, and environmental experts, is dedicated to creating products that support a greener future.

5. Project Objectives

• Develop a biodegradable packaging material that meets industry standards.

• Scale up production processes from laboratory to pilot plant.

• Conduct extensive testing and validation in real-world conditions.

• Achieve regulatory compliance for packaging materials.

• Launch a market-ready product by Q4 2025.

6. Project Plan

Phase 1: Material Development (Months 1-4)

• Formulate biodegradable material compositions.

• Conduct laboratory tests to validate material properties.

• Optimize material formulations for durability and biodegradability.

Phase 2: Pilot Plant Scale-Up (Months 5-8)

• Design and set up a pilot plant for small-scale production.

• Produce initial batches of biodegradable material.

• Refine production processes for efficiency and consistency.

Phase 3: Testing and Validation (Months 9-11)

• Test biodegradable material under various environmental conditions.

• Gather feedback from potential industrial partners.

• Adjust formulations based on test results.

Phase 4: Regulatory Compliance and Certification (Months 12-14)

• Ensure the material meets all necessary environmental regulations.

• Obtain certifications required for market entry.

7. Intellectual Property

GreenTech Solutions is actively pursuing intellectual property protection for our biodegradable material. Our IP strategy includes:

• Filing for patents on material compositions and production processes.

• Securing trademarks for our brand and product names.

• Engaging with legal experts to ensure comprehensive IP protection.

8. Project Team

• Sarah Green, CEO: Project Lead, overseeing overall project execution.

• Dr. Mark Brown, Chief Scientist: Lead Material Scientist, responsible for material development.

• Lisa White, Production Manager: Overseeing pilot plant scale-up and production processes.

• Emily Black, Regulatory Affairs Manager: Ensuring compliance with environmental regulations.

9. Expected Outcomes

• A market-ready biodegradable packaging material.

• Reduced reliance on plastic packaging in the industry.

• Strengthened market position of GreenTech Solutions as a leader in sustainable technology.

10. Financial Plan

Total Project Cost: $750,000

• Personnel Costs: $350,000

• Equipment and Supplies: $150,000

• Testing and Validation: $100,000

• Regulatory Compliance: $100,000

• Miscellaneous: $50,000

Funding Requested from Canadian Technology Development Grant: $450,000 (60%)

Company Contribution: $300,000 (40%)

11. Conclusion

GreenTech Solutions is dedicated to creating sustainable packaging solutions that address critical environmental challenges. The support from the Canadian Technology Development Grant will enable us to develop and launch a biodegradable packaging material that meets industry needs and regulatory standards. We look forward to the opportunity to collaborate and achieve significant advancements in environmental technology.

Submitted by:

Confidential, CEO

GreenTech Solutions

Date: March 31st, 2024