Member Update: November 2014

“Thanks a Million!”

On October 9th over 70 members gathered to celebrate our collective achievement of raising over $1,000,000 in less than a year. Entertainment included Interactive Improv by Ken Hall, Nicole Dunn, Jordan Kennedy and Jessica Perkins. If you want to be funnier, or are looking for a comedic genius to lead a communication workshop for your business, let us know and we’ll put you in touch with Nicole.

party montage for invest page

Paul John and John

Appointed Positions

At a recent Board meeting, the Board appointed new positions (from left to right): Our new Chair is Paul Ungerman, the new Vice Chair and Secretary is John Vellone and our Treasurer is John Nicholson. Read their bios on our Team Page.

Claim Settled

We are pleased to announce that ZooShare and Koenig & Consultants came to a settlement at mediation, which took place in late September. While the terms of the settlement are confidential, we are pleased with the outcome and more importantly, to put the matter behind us.

Making More Value

We’ve made progress in adding potential value to our financial model via creating higher value products from the digestate than was originally planned. Different technologies include vermicasting (worms!), biochar and liquid processing technologies that could lessen the cost of transporting liquid fertilizer. Stay tuned for details!

Permits & Progress

The Ministry of the Environment has agreed to begin processing our Renewable Energy Approval while Toronto Hydro expects to have our Connection Impact Assessment ready early next year. Our engineering team also sent out specifications to a number of different digester and generator suppliers and we are close to finalizing the capital budget and selecting technology providers

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