Government Funding for Septic System Company PDF  | Print |  E-mail

May 12th, 2016 Charlottetown, PEI

A company located in Prince Edward Island will get government money for septic systems products. Dynamic Monitors has built and tested an internet-connected device that would monitor septic systems for malfunction.

A Stratford, Prince Edward Island, company is getting a new influx of government funding to help it research and develop a product that could make sewage treatment systems more safe, and efficient.

Dynamic Monitors, a business unit of Engineering Technologies Canada Ltd., is working on a new Internet-connected device that keeps watching to determine if a septic system may be at risk of malfunctioning or overflowing. The early warning alert system is similar to the low oil pressure warning on a car dashboard, but it's sent directly to any internet-connected device.

They have named this product the Septic Sitter, currently, it is going through a final field testing phase in about a dozen septic systems in the province.

In 2015, the company received a $100,000 grant from the province for research and development.

Now, the company will receive a new round of funding from the Canadian Government of almost $300,000.00 plus up to $16,000.00 from the province for marketing expenses.

TAGS: GOVERNMENT LOANS, GOVERNMENT BUSINESS LOANS, GOVERNMENT MANUFACTURING GRANTS, GOVERNMENT GRANTS FOR BUSINESS, GRANTS FOR MANUFACTURING, BUSINESS GRANTS, PEI BUSINESS FUNDING, CANADIAN GOVERNMENT BUSINESS GRANTS, GOVERNMENT FUNDING, BUSINESS NEWS, GOVERNMENT GRANTS CANADA, CANADIAN GOVERNMENT GRANTS, SMALL BUSINESS GOVERNMENT GRANTS

 

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