Ontario announces $3.8 million investment in Vive

ontarioOntario is supporting the development of breakthrough technology that will help create jobs and protect the environment.

The province is supporting Toronto-based Vive, an award-winning company that has developed an environmentally-friendly process for creating products and materials using specialty polymer particles. Ontario is investing almost $3.8 million through the Innovation Demonstration Fund to help the company build a pilot plant, refine its processes and come to full production levels. The company expects to create 19 new high-skill jobs over the next two years, including chemists, technicians, engineers, project managers and a controller.

The province’s investment supports Ontario’s Innovation Agenda, the McGuinty government’s plan to make innovation a driving force of Ontario’s economy.

Video and more…