Chembiopower Ltd.

$98,624.00 CAD

≈ 15 months of average Canadian pay
Department
National Research Council Canada
Program
Industrial Research Assistance Program
Recipient country
Canada
Fiscal year
2025-2026
Agreement period
August 1, 2025 – March 31, 2026
Reference
nrc-cnrc:172-2025-2026-Q2-1033336

Published purpose

The objective of this project is to improve and scale manufacturing and conduct related market research on the application of renewable formates in Canada and eventually, globally. A key manufacturing target is producing 4 tonnes of formic acid per month, scaling up to an initial goal of 250 tonnes per year, with an eventual aim of 18,000 tonnes annually. For commercial success, the project targets securing industrial B2B accounts with a high trial-to-purchase conversion rate and selling 10,000 home-use units. The project aims to capture a foothold of the Canadian oxide removal market initially and industrial/municipal de-icing needs.

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View official source record Imported July 30, 2026 from open.canada.ca Grants & Contributions