International Road Technologies Inc. – financing May, 2010
International Road Technologies is a diverse sale, marketing and consulting company specializing in Environmental Solutions and the Road Transportation Industry at large. Products that are marketed today focus on road safety and the environment, with the company’s primary focus on a new and revolutionary designed gas cap for light duty gasoline vehicles through the automotive aftermarket, the ” Zero leak Gas Cap”. A new “Check, Test and Replace Program” will capture missing, misused or failing gas caps which lead to 108 litres of gasoline per year, per vehicle escaping into the environment.
Rhinokore Composites Ltd. - financing May, 2010
Rhinokore, from Armstrong, represents a breakthrough in engineered composites & composite products. These products, produced for oil and gas, marine applications, oil spill containment and transportation, can function under extreme climate conditions, punishing applications and at the same time meet some of the most rigorous environmental constraints.
City of Kimberley - Operable Wall Project – $50,000 Grant
The City of Kimberley constructed a Conference Centre to diversify its economy to attract Conference, meeting and incentive travel. To offer clients the meeting space appropriate to the size of the event the City proposed installing an operable wall in the Conference Centre ballroom, which would allow the room to be divided into two rooms. The operable wall would allow rental of both sides at the same time.
City of Kimberley – Audio Visual Project – $50,000 Grant
The City of Kimberley constructed a Conference Centre to diversify its economy to attract conference, meeting and incentive travel. The project was to create an Audio Visual Centre of Excellence by equipping each side of the Ballroom and each of the three breakout rooms with an innovative, fixed Audio Visual system.
Enterprising Non-Profits (Enp) - $150,000 Grant
Enp is a partnership of nine funders supporting the development and growth of social enterprises across BC. Enp’s objective is to strengthen the capacity and sustainability of local enterprising non-profit organizations to enhance their contribution to creating healthy communities through improved mission related services, more diverse economies and increased employment opportunities. Three year grant funding is restricted to SIDIT’s service area.
Thompson Rivers University – Centre for Innovation in Ranching - $150,000 Grant
To create a premier research and development institute that will improve the sustainability, viability and profitability of ranching and associated industries and improve the economy of the region. This project funded analytical, testing and development equipment for an interdisciplinary research centre that encompasses the range of economic drivers and product potentials from the pasture to the end product.
Business Development Corporation –Small Business Productivity – $37,500 Grant
Productivity and competitiveness workshops were conducted in Cranbrook. Workshop attendance consisted of 14 companies/organizations and 17 participants in Cranbrook. Diagnostics identified the range of business issues and possible improvements for the companies participating in the diagnostic process.
Christina Lake Chamber of Commerce – Christina Living Arts Centre -$150,000 Grant
The Christina Living Arts Centre project will house a number of artists and artisans providing them with the means to showcase and market their products while attracting increased tourist visits. When completed, this will be Canada’s first LEED (Leadership in Energy & Environmental Design) Artisans Gallery, part of the 6,000 sq ft Centre.
City of Trail – Kootenay Boundary Regional Hospital (KBRH) Heliport Project - $50,000 Grant
This heliport allows door-to-door patient transfers between KBRH and the new Interior Heart and Surgical Centre in Kelowna. This creates significant positive impacts across the region through improved medical services.
City of Castlegar – Hazard Beacon Project - $150,000 Grant
The beacon project lays the foundation for future commercial night flights from the airport, thereby allowing for increased emergency service response and the potential for increased airside business such as air courier services, fire protection and other air related industries to develop on the airport lands providing new employment and financial lease activity to the airport.
Invaron Pharmaceuticals Inc. - financing April 2010
Invaron has developed a global pharmaceutical distribution network that rapidly facilitates international brand adoption, specifically orphan drugs for rare diseases. For brands outside of Canada, Invaron has developed a turnkey global distribution system that will rapidly facilitate international adoption of products further enhancing the value proposition. Invaron has effectively leveraged IT into all their systems from manufacturing to promotion to communication therefore allowing their head office to be situated in Kelowna.
Catalyst Healthcare Ltd. - financing March 2010
Catalyst’s eMAR solution is the only Point of Care bar coding technology to ensure 7 rights of medication delivery within residential care facilities. The technology is founded on 3 principles of development, medication safety, inventory management and communication. Catalyst is now positioned to install, implement, train and support its rapidly growing customer bases. Kelowna is their head office location.
SST Wireless Inc. – financing February 2010
SST of Vernon has developed an advanced wireless tire pressure monitoring technology capable of measuring the temperature and pressure to tolerance ideally suited for applications where the economics of fleet management can translate precise tire performance information into financial payback.
VeriCorder Technology Inc. – financing December 2009
VeriCorder is a high-tech company with headquarters and R&D labs in Kelowna. In 2010, VeriCorder will release four software programs through the iPhone App Store, and for enterprise deployment, all designed to make it fast and easy to record, edit and send fully-crafted stories from the field into the newsroom. VeriCorder specializes in integrating mobile software into newsroom systems, allowing reporters to create a television, radio, or web news story, and post it instantly into common playout systems.
AC Global Systems Ltd. – financing December 2009
AC Global of Trail was formed to address the needs of the trucking industry for transport security. AC Global offers an extremely cost effective, integrated GPS tracking and Vehicle Immobilization Technology (VIT). Their VIT system has both Vehicle Slowdown Technology (VST) and Vehicle Disabling Technology (VDT). ACGS offers unique anti-theft, anti-terrorism and fleet management systems.
Vineyard Networks Inc. – financing November 2009
Vineyard Networks from Kelowna, is a developing Enterprise Network Management solution that allows companies to ensure the usage of valuable IT resources are aligned with the company’s business priorities. Vineyard’s solutions save organizations money by reducing IT costs, increasing productivity and organizational security.
Okanagan Research Innovation Council- Phase ll – grant $150,000
ORIC currently operates two highly successful business incubator facilities in the Okanagan Valley. With the specific goal of seeding and accelerating the growth of start-up technology companies and then driving high-tech job creation, the ORIC Kelowna Innovation Centre is Kelowna’s only best-practice aligned technology business incubator offering full residential series to early stage tenant companies in a prime downtown location, as well as virtual support to affiliated start-up and fledgling technology businesses across the Okanagan. As a result of great success and high job creation the facility was expanded with the addition of approximately 5,600 square feet.
Thompson Rivers University Liquid Chromatography Project – grant $50,000
TRU required a Liquid Chromatography-Mass Spectrometer (LC-MS), to facilitate pure and applied research in support of regional economic development. This is essential analytical equipment with direct applications to a number of industries in Kamloops and the BC Interior, particularly in the pharmaceuticals, nutraceuticals, agri-foods, and environmental technologies sectors and with direct benefit to small and medium sized enterprises, and encouraging the development of new enterprises.
Fly YXC Alliance Society – grant $50,000
The FLY YXC Alliance requested funding to allow the Society to focus on increasing utilization, partnership marketing and the addition of new flight segments into the Cranbrook airport.
Kamloops Farm Fresh Processing – grant $147,600
This grant is to provide the First Nations Agriculture Association (FNAA) the funds necessary to set up and operate a value added processing facility for locally produced foods in the Kamloops area and train a quality team of food harvesting and processing specialists.
Similkameen Valley Hwy 3-Bridge of Dreams – grant $75,000
Town of Princeton’s Bridge of Dreams project is to reconstruct the last bridge built on the Kettle Valley Railway, located 150 metres from the location of the last spike in the KVR. This is the last gap in the Spirit of 2010 Trail. The objective is to build a bridge that is suitable for non-motorized traffic.
QHR Technologies Inc – financing October, 2009
QHR Technologies Inc. (QHR) is a company specializing in software designed to improve the efficiency of professionals in healthcare and other markets. The company currently offers an integrated Human Resource Information System and an Electronic Medical Records solution. Headquartered in Kelowna, QHR has focused on the business development of promising Canadian technologies to meet the needs of emerging or under-developed markets and is currently one of the largest technology companies in the Southern Interior. The company's forecasted growth and profitability will make it an anchor company for the technology sector in the Southern Interior. QHR will be active in attracting additional capital & talented people to our region and newly developed products will serve Canadian & International markets.
Thermo Matrix Industries Ltd - financing October, 2009
Thermo Matrix Industries was established as the result of an innovative product development initiative driven by the owners. Thermo Matrix delivers a suite of commercial and retail energy solutions that significantly reduce energy demand by way of alternative (green) energy supply and management of that supply. The company has dedicated much of the last two years developing and testing its product line-up. With a total of five market ready products and two in the final stages of development, Thermo Matrix is ready to start selling its technology to broader markets. Even with economic conditions in Canada weakening, green products and initiatives are gaining and becoming the preference of consumers. The last Federal budget provided several financial benefits to being in this field. The Federal Governments Eco-action plan boosts the viability of this area of products. This plan addresses consumer rebates, retrofit, tax credits in the HVAC and plumbing industry. These markets are experiencing an increase in activity and revenue rewards due to government incentives.
Reliant Web Hosting Inc. operating as Tenzing - financing October, 2009
Tenzing specializes in hosting complex Windows, Linux, and Hybrid Internet applications. Over the last ten years it has built up the people, processes, tools, and infrastructure to do this better than anyone else in Canada. SIDIT loan financing funds equipment purchases required to service new contracts and help Tenzing continue its research and development of its advanced, Software-as-a-Service (SaaS) platform. With over 10 years of experience in the industry Tenzing has developed a unique value proposition and a strong competitive position in the industry. An investment in Tenzing is assisting the vision of a strong technology and information services for the Southern Interior.
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