Online Gallery Advances Innovations by Fostering Cross-Industry Connections
CLEVELAND, Feb. 4, 2016 /CNW/ -- NineSigma, the leading innovation partner to companies worldwide, today announces the growth of a new Innovation Gallery sponsored by Natural Resources Canada on NineSights. The Investments in Forest Industry (IFIT) Gallery is supporting Canada's forest sector to become more economically competitive and environmentally sustainable.
NineSights' Innovation Galleries are branded online marketplaces for companies, associations and government groups to post their technology needs and showcase technology offers. The IFIT Gallery is seeking to find new markets for a variety of innovative products made from renewable materials from sustainably managed forests, such as a new strong, lightweight composite core materials from renewable, sustainable forest products to achieve the look and feel of wood on metal or plastic surfaces.
"We are proud to work with Natural Resources Canada in its mission to transform the Canadian forest sector by accelerating commercialization of innovative products and processes," said Dr. Andy Zynga, CEO of NineSigma.
As a result of the presence on NineSights, Natural Resources Canada's IFIT program is now beginning to connect with new business opportunities for a number of existing projects ranging from bioenergy and biomaterials, to biochemicals and next-generation building products.
The collaboration between NineSigma and IFIT through the creation of the Innovation Gallery aims to foster these relationships by showcasing the capabilities of IFIT-supported companies, and those seeking to further strengthen new products, markets and new partnerships. IFIT supported projects have commercialized many first-in-the-world technologies and products that can also provide solutions and new opportunities for major global players.
NineSigma connects organizations with external innovation resources to accelerate innovation in private, public and social sectors. NineSigma has the largest open global network of solution providers and an extensive database of existing solutions spanning numerous industries and technical disciplines. In 2015, the company was again named to the Inc. 5000 list of fastest growing private companies in America. Learn more at www.ninesigma.com or www.ninesights.com.
About the Investments in Forest Industry Transformation program
The Investments in Forest Industry Transformation (IFIT) program was created by Natural Resources Canada, to support Canada's forest sector in becoming more environmentally sustainable. The program supports forest industry transformation by accelerating deployment of highly innovative, first-in-kind technologies at Canadian forest industry facilities. These projects include bioenergy, biomaterials, biochemicals and next-generation building products.
IFIT addresses a critical need for capital investment in new technologies by providing non-repayable contributions of up to 50% of a project's costs for the demonstration of innovative technologies at the pilot or commercial scale in the Canadian forest industry.
Jackie Lucas, Warner Communications, Jackie@warnerpr.com, 978-255-1159
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