COMPANY NAME: CHAR Technologies
SECTOR: Cleantech
RIC REGISTRATION: 2014
COMPANY IPO: 2016
Who is CHAR?
CHAR Technologies developed SulfaCHAR™, an activated charcoal product that is a cost-effective, convenient, zero-waste targeted gas-cleaning solution for the renewable natural gas industry. CHAR leveraged the platform technology they developed to further innovate and create CleanFyre, a greenhouse gas neutral industrial coal replacement. When its founders registered with RIC they needed help to commercialize. Working with RIC advisors they were able to build a business model and prepare for investment. They now have clients in North America, South America and China. They credit RIC as having a huge impact on their success.
What does CHAR say about RIC?
“By working closely with the RIC Centre and their Entrepreneurs-in-Residence like James Sbrolla, we were able to quickly build a business model and prepare for investment. Their deep knowledge of government programs and investors helped fund our research and development and helped us grow our team.”
How did RIC help?
“The CHAR Technologies team is talented, hard working and coachable. By being able to connect them to the right people and opportunities, RIC Centre was able to guide the company to successful growth in Canada and internationally." James Sbrolla, Entrepreneur in Residence, RIC Centre
