Innovation PEI Announces Ignition Fund Recipients
Summary
The money can go towards a range of activities, including hiring consultants, capital purchases and professional development, but recipients must submit to ongoing performance monitoring.This will help us get the app into the hands of children much quicker, wrote Janessa Ferrell, whose QuestRead edtech startup is one of the funding recipients, on LinkedIn.Im so thankful for all of the support and encouragement weve had on PEI. It definitely helps to have a strong community around us.Heres a look at the startups receiving funding:Finix designs and manufactures sustainable streetwear clothing, like trendy, informal outfits with bold designs and colours popular among young shoppers. In its first four months, the company has shipped its products to 20 countries.Sport4TV sells a hardware and software suite for tracking curling rocks as they travel across the ice, which can be used to supplement television broadcasts and provide the curlers themselves with information about how to improve their performance.QuestRead is a text-based mobile adventure game designed to teach children to read. The system is capable of adapting the content of gamified digital books to the needs and abilities of specific kids.Salty Mountain is designing womens workwear products ranging from staples like shirts and pants to maternity overalls.Upcycle converts 10- to 15-year-old Toyota Corollas into small electric pickup trucks. The product has been under development for three years, and Antonioni and Freiberger plan to commercialize it in the first quarter of 2024.