News & Media
Cycle Momentum steps up its support for green entrepreneurshipOctober 19, 2023
Benoit Charette, Minister of the Environment, the Fight Against Climate Change, Wildlife and Parks, recently announced a $22.25 million grant to Cycle Momentum to support climate technology entrepreneurship. The 5-year agreement allows for the continuation of acceleration programs and the creation of new projects, as well as the creation of a scholarship program. Five acceleration programs will be created per year to support 125 promising companies over the next 5 years.
Aplantex’ participation in the 2023 Super cohort enabled us to increase our impact in the ecosystem
A hearty BRAVO from Aplantex
Cycle Momentum’s primary objective is to accelerate ecosystem development and build a green economy based on Quebec technology companies that own intellectual property and have a positive impact on the environment. Aplantex was invited to take part in the Climate Innovation Super Cohort, 2023 edition, on the basis of its green biotechnology process for producing molecules essential to people’s wellbeing with regard to health, beauty and food. As a result, the pharmaceutical, cosmetics and agri-food industries will be able to significantly reduce their environmental footprint. “Our participation in the Super Cohort provided us with valuable insights about strategy and operations, enabling Aplantex to increase its impact. Kudos to Cycle Momentum for its successful initiatives. I invite all start-up entrepreneurs to apply for one of their programs,” says Patrick Charest, B.Sc., P.Eng., CEO of Aplantex.