AIW: Innovacorp Funds SABRtech
Since winning Innovacorp’s CleanTech Open in April, Mather Carscallen’s SABRTech has landed $250,000 in funding and is working toward opening a pilot scale plant, hopefully in Nova Scotia in 2014.
SABRTech came to public notice in the spring when its revolutionary technology for reducing the cost of producing fuel from algae won first place at the $300,000 CleanTech Open. Innovacorp launched the contest to find a cleantech company anywhere in the world that would set up in Nova Scotia. After scouring the globe, they found the winner at Dalhousie University, where Carscallen was working on