Canada provide startup funding to 96 Plus for innovative ethanol production

In Canada, the Government of Canada has provided C$2 million in funding for 96 Plus, a startup SME aiming to produce high-purity, pharmaceutical-grade and food-grade ethanol. The repayable contribution will allow the business to cover part of the cost of acquiring and installing ethanol production equipment, including distillation towers, cooling and ventilation systems, heat and steam equipment and fermenters, as well as professional fees (engineering and certification). 

96 Plus is breaking new ground through its automated production methods and processes that allow for the recovery of production outputs that will be used by other manufacturers (circular economy). In addition, given the supply of sugar needed to produce ethanol, the project will allow the business to increase the use of inputs produced in Canada, and this will make a considerable contribution to the Canadian economy.