ProQuip International gets $49,000 federal boost
posted on December 4, 2010 by Greg McMillan
Brantford's ProQuip International, a leader in LED lighting and solar power, has received a $49,000 shot in the arm from the federal government's National Research Council of Canada industrial research assistance program.
Two other local firms, Crown Verity and Ball Media Corp., were also awarded support. For ProQuip, the federal money will help boost sales and develop its products.
ProQuip has LED and solar projects in Brantford and across the province.
The company began in 1996 with just a couple of employees, providing LED lighting for the automotive industry. The company's LED and solar projects now can be found in parking lots and at conservation areas.
ProQuip, which now employs 12 people, is seen as an example of a green energy company that is growing in Brantford.
"The potential for growth in green energy jobs is unlimited," said ProQuip president Sam Tavernese, who thanked the federal government for its support.
Tavernese also announced that ProQuip is providing Laurier Brantford with an annual $1,000 bursary to be awarded to a business student. The company is looking to build its relationship with local post-secondary institutions, he said.
"These are companies that have the potential for great growth," Brant MP Phil McColeman said in an announcement at his constituency office.
"They've already exhibited that in the years of business so far and they're the kind of companies the federal government is looking to support. These are the kinds of companies that create the high-value jobs of the future."
He said the companies are applying innovative technologies and using research to create skilled jobs and economic growth in Brantford.
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