Toronto, ON – March 10, 2015 – Clear Blue Technologies Inc. today announced that it has received $500K in funding from the Southern Ontario Fund for Investment in Innovation (SOFII). Launched by the Government of Canada in July 2012, SOFII supports high-growth, innovative Small and Medium-sized Enterprises (SMEs) in rural and urban communities through loans ranging from $150,000 to $500,000. The loans are intended to support all aspects of growth challenges facing them.
“The funding from SOFII will be used to enhance our market leading Smart Off-Grid technology. With its advanced capabilities to remotely control, maintain and manage solar and wind powered systems, our technology is being integrated into an increasing number of products,” said Miriam Tuerk, CEO Clear Blue Technologies. “We appreciate the support and trust from the SOFII organization, and it will help us continue to grow our business and advance our technology.”