The Ontario Centres of Excellence (OCE) has named Genecis Envirotech as the winner of its Social Enterprise Pitch competition.
Genecis Envirotech, which won the competition over four other Ontario-based companies, converts organic waste into biodegradable plastics. Pitches were required to demonstrate the measurable social impact of their products across industries like cleantech, education, and health.
“The Social Enterprise Pitch Competition is an amazing platform to showcase our province’s very best social entrepreneurs and their innovative, creative ideas,” said Steven Del Duca, Minister of Economic Development and Growth. “Together, we can all look forward to seeing their companies grow— making a positive and meaningful impact for communities across Ontario and the world.”
The award package is valued at $20,000, including $10,000 from Ministry of Economic Development and Growth and a $10,000 legal services package from Norton Rose Fulbright.
“Based on exhibits seen on the show floor in this year’s Social Enterprise Zone and during the Pitch Competition, the future of innovation in Ontario’s social enterprise and environmental sector in good hands,” said Dr. Tom Corr, president and CEO of the OCE. “I would like to congratulate Genecis EnviroTech on their win and wish them the best of luck as their company grows, bringing their ideas to life and to the marketplace.”
