SABRTech Wins International Clean Technology Open Competition
A small Nova Scotian startup, SABRTech, has won the Nova Scotia Clean Tech Open, an international competition designed to fund and mentor clean technology startups.
SABRTech, formerly Marine Arctic and Antarctic Technologies, is developing a procedure to convert grown and harvested algae into aviation biofuel. The idea is obviously a good one: the company was awarded $100,000 in cash, $200,000 as a negotiable seed investment, and mentoring and business development services.
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