Opalux Receives Embedded Executive Grant
Opalux has received a $50,000 grant from the Embedded Executive Funding Program through the MaRS Business Acceleration Program to support additional executive leadership. Opalux qualified for the funding program out of a pool of 138 applications. The Business Acceleration Program (BAP) supports the growth and development of regional innovation ecosystems across Ontario.
Using this grant, Opalux will hire an executive to assist it with manufacturing scale-up of its tunable photonic crystals.
Andrew Binkley, Opalux’s CEO, stated that “Opalux is pleased to have pre-qualified for this grant. The timing is perfect as we scale-up our production of OpalPrint Polycarbonate to meet customer demand.”