IFIT helps new products find new markets
The Investments in Forest Industry Transformation (IFIT) program has partnered with NineSigma to establish and manage an open innovation platform to assist newly commercialized products and technologies find new markets and new innovative uses in the global marketplace.
By Cindy Macdonald
As a result of the presence on NineSigma’s NineSights website, IFIT-supported companies are now beginning to connect with new business opportunities on a wide range of projects from bioenergy and biomaterials, to biochemicals and next-generation building products.
The Innovation Gallery sponsored by Natural Resources Canada on NineSights is supporting the efforts of Canada’s forest sector to become more economically competitive and environmentally sustainable.
NineSights’ Innovation Galleries are branded online marketplaces for companies, associations and government groups to post their technology needs and showcase technology offers. The IFIT Gallery is seeking to find new markets for a variety of innovative products made from renewable materials from sustainably managed forests, such as a new strong, lightweight composite core materials from renewable, sustainable forest products to achieve the look and feel of wood on metal or plastic surfaces.
“We are proud to work with Natural Resources Canada in its mission to transform the Canadian forest sector by accelerating commercialization of innovative products and processes,” said Dr. Andy Zynga, CEO of NineSigma.