Under FedDev Ontario's Investing in Business Innovation (IBI) initiative,
Woodland Biofuels will receive a repayable contribution of up to $800,000 to
operate a plant to demonstrate the efficiency and scalability of cellulosic
ethanol production using its unique technology. The patented technology uses a
series of chemical reaction steps to produce cellulosic ethanol biofuel from
plant materials, including agricultural and forestry waste. Through the plant's
operations, Woodland Biofuels will determine the optimal processes and procedures
for producing cellulosic ethanol, preparing the company to construct commercial
plants and licence others to build plants that use Woodland's technology.