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Bullboard - Stock Discussion Forum Progressive Planet Solutions Inc V.PLAN

Alternate Symbol(s):  ASHXF

Progressive Planet Solutions Inc. is a Canada-based manufacturing company. The Company is focused on developing critical low-carbon and carbon sequestering solutions using its owned mineral assets and recycled materials to create planet-friendly products, which are being developed at its C-Quester Centre of Sustainable Solutions for the cement, agricultural and animal care industries. The... see more

TSXV:PLAN - Post Discussion

Progressive Planet Solutions Inc > Funding Restarts Immediately
View:
Post by phantom666 on Jun 08, 2024 4:39pm

Funding Restarts Immediately

In the interim, SDTC will be resuming full business operation

Find out if your project may be eligible for SDTC funding

Your great new idea for a business expansion or a new product line could be eligible for SDTC funding if you have:

  • A Canadian company with a defined project
  • A strong end-user value proposition
  • The potential to attract a consortia partner to validate the market need and;
  • Demonstrated environmental and economic benefits for Canadians

How much funding does SDTC provide?

 

  • On average 33% (up to 40%) of eligible projects costs.
  • The average contribution is between $2 million and $4 million, with funds disbursed in five years or less.
  • 25% of the eligible costs must be funded through private sector contributions [including in-kind] (non-monetary).
  • Funding from all levels of government must not surpass 75% of eligible costs.
  • At least 50% of eligible project costs must be incurred in Canada.

IMO I'm sure PLAN applied for this Grant and got put on hold
for the SDTC Whistle-Blower Scandal!
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