SeaChange Biochemistry, which extracts specialty chemicals from seaweed, is planning to begin production at its new facility in Clark’s Harbour, NS, by June.
Having won or placed prominently in a range of pitching competitions in the last two years, SeaChange got a further financial boost last week when it received a $250,000 loan from the Atlantic Canada Opportunities Agency.
The loan, issued through the federal government’s Regional Economic Growth through Innovation program, has helped to finance the equipment that will soon be installed at its plant at the southern tip of Nova Scotia.