Innovation In Action: Advonex
A success video of Advonex International receiving funding from Northhumberland CFDC for expansion and leasehold improvements of Advonex's new facility, which will be manufacturing Entrada ingredients for the global marketplace .
ABOUT ADVONEX INTERNATIONAL
Advonex International is an innovator in the bio-chemical industry, producing hydrocarbons from plant oils through its patented process innovations. Advonex’s platform technology creates cost-effective renewable mineral oils, waxes, and petrolatum that outperform ingredients that traditionally have been produced from petroleum.
Find out more about Advonex on their official website: https://www.advonexintl.com/
ABOUT NORTHHUMBERLAND CFDC
Northumberland Business Development Assistance Corporation (NBDA Corp) was founded in 1985 with a mission to provide financing and strategy for entrepreneurs. We provide loans of up to $250,000 for small and medium-sized enterprises. We are located in metro-adjacent Northumberland, one hour East of Toronto. At the centre of our efforts is FedDev Ontario’s Community Futures Program which has provided core operational funding for our multiple award-winning organization since 2001.