Each of the five Slater Centers is focused in an industry in which Rhode Island has special potential or expertise. The five firms receiving loans from the Slater Center for Environmental Technology are working in diverse areas of the industry, ranging from water purification to aquaculture. Receiving Commercial Innovation Awards are:
BioProcess Technologies, Inc. (BPT), a Rhode Island company that has developed and tested new technologies for efficient, effective wastewater treatment and is poised to bring those technologies to market. (Award: $83,000)
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Cape Aquaculture Technologies, Inc. (CAT), a Massachusetts biotechnology company planning to base some operations in Rhode Island, is applying breakthrough advances in biotechnology and information sciences to the aquaculture industry. (Award: $85,000)
Hybrigene, LLC, a Rhode Island biotechnology company that focuses on turfgrass improvement. (Award: $85,000)
Ig. Tech, Inc., a biotechnology startup company that specializes in the development of new therapies for disease prevention and treatment in animals – with a primary focus on identifying and developing antibodies that will be introduced as innovative veterinary products in U.S. and international markets. (Award: $85,000)
Kingston Biocontrol (KBC), a Rhode Island-based company that has developed a new device for controlling ectoparasites that affect livestock – a scourge that costs the U.S. cattle industry approximately $2 billion annually. (Award: $77,320)
