NPC Invests $1.7 Million in Seven Canadian Start-Ups, Including $350K to Pioneering BC Cleantech Startup Tersa Earth Innovations
Summary
NPC Invests $1.7 Million in Seven Canadian Start-Ups, Including $350K to Pioneering BC Cleantech Startup Tersa Earth InnovationsVancouver, BC, March 6, 2025--(T-Net)--Natural Products Canada (NPC) has announced investment of $1.7 million into seven early-stage Canadian companies including a contribution of $350,000 toward a $1 million "proof of concept" project by Tersa Earth Innovations.Tersa Earth Innovations is a Vancouver, BC-based solutions-provider for the mining industry, targeting the treatment of acid rock drainage (ARD), reducing the carbon intensity of mining waste remediation and advancing metals recovery.The company revolutionizes mining with dual-action technology that recovers valuable metals and remediates water, ensuring sustainable resource extraction for our future needs.The overall list of seven companies are recipients of NPCs Commercialization Programs and represent highly innovative bio-based and natural products, according to the agency.NPCs most recent investment will enable a total of $4.6 million in pivotal activities to help the seven companies address key challenges in their go-to-market journey.The recipients include start-ups from across the country developing sustainable, bio-based products ranging from allergen-free pet food to soil and water remediation, and are comprised of: ALT-PRO Advantage; BioSun Products; Black & Blue Foods; Chinova Bioworks; Henri Nutrition; Magna Engineering; and Tersa Earth Innovations. "The work we do to develop and de-risk these opportunities ensures Canada can meet the demand for innovative, bio-based solutions that address global challenges such as climate change, food security, and chronic health issues. "With todays announcement, NPC says it has disbursed over $10.6 million to 88 companies, facilitating their growth and development through new product launches, increased revenues and additional capital. "With growing interest in bio-based solutions, Canadian companies are creating cutting-edge products that can solve problems across multiple sectors like healthcare, agriculture, energy, and manufacturing. "NPCs Commercialization Programs are designed to accelerate the path to market, which can be more time-consuming and resource-intensive for deep tech, high-innovation companies within the bioeconomy.NPC focuses on three areas that are conducive to companies attracting the partners and investors required for growth: product validation and scaling, talent, and competitive strategy.The Proof of Concept, Access to Talent, and Fast Track to Financing programs address each of these gaps and provide up to $350,000 in support.Building on its capital expertise and acting as a "strategic angel" NPC works with applicants before, during and after the official application process, providing in-depth advice, guidance and connections to resources from within its network of over 4000 investors, industry leaders, experts and others.We are a Vancouver, Canada-based solutions-provider for the mining industry, targeting the treatment of acid rock drainage (ARD), reducing the carbon intensity of mining waste remediation and advancing metals recovery.NPC is a not for profit focused on Canadian natural product innovations that can replace synthetic products to benefit people, animals and the planet.