FPrimeC Solutions was announced the winner of the $25,000 seed funding competition held by Ontario Power Generation (OPG) and Spark Centre in Durham. The seed funding will be used to complete and commercialize TimeShift technology. In addition to the seed funding, FPrimeC Solutions will benefit from professional mentoring from members of OPG’s Inspection and Reactor Innovation division.
The pitch competition, now in its fifth year, was led by the Spark Centre, a non-profit that supports entrepreneurs in Durham Region and Northumberland County. OPG, which operates both the Darlington and Pickering nuclear generating stations in the region, sought inventive next-generation concepts and improvements for the hydro and nuclear inspection industry. Many inventors applied to compete in this year’s all-new OPG category. Teams presented their best ideas over two rounds of pitches in front of a panel of OPG executives. Out of four finalists, FPrimeC Solutions was declared the winner on Dec. 5.
To learn more about the event and the technology, click here