Imagination Catalyst entrepreneur receives financing from Spin Master Innovation Fund
Friday, November 27, 2015 - 5:00am
Jenice Lee
Jenise Lee has been awarded a $50,000 loan from the Spin Master Innovation Fund for her company CertClean, which she developed in OCAD University’s Imagination Catalyst business incubator. CertClean is Canada’s first and only certification for safer beauty and personal care products.
Futurpreneur Canada, in partnership with leading Canadian toy company Spin Master Corp. and the Business Development Bank of Canada (BDC) award up to $50,000 annually to entrepreneurs chosen through a highly competitive process. “With over 400 applicants, it’s an honour to be selected as one of the top businesses to receive support this year,” says Lee.
Currently, there is no governance of the use of the terms “organic” or “natural” in Canada’s beauty sector, leaving some consumers in doubt about the ingredients in products they use. CertClean allows consumers to instantly recognize products that are as free from harmful ingredients as possible.
For Lee, a chemical engineer with an MBA, this award comes at an important stage in the development of her company. “This financing has accelerated the growth of my business, enabling me to automate and scale my operations, as well as giving me the time to build my campaign to launch CertClean early in the new year.” In addition to financing, this Spin Master Innovation Fund award includes a two-day workshop with networking opportunities and one-on-one coaching from Spin Master’s senior executives.
Jenise Lee has been awarded a $50,000 loan from the Spin Master Innovation Fund for her company CertClean, which she developed in OCAD University’s Imagination Catalyst business incubator. CertClean is Canada’s first and only certification for safer beauty and personal care products.
Futurpreneur Canada, in partnership with leading Canadian toy company Spin Master Corp. and the Business Development Bank of Canada (BDC) award up to $50,000 annually to entrepreneurs chosen through a highly competitive process. “With over 400 applicants, it’s an honour to be selected as one of the top businesses to receive support this year,” says Lee.
Currently, there is no governance of the use of the terms “organic” or “natural” in Canada’s beauty sector, leaving some consumers in doubt about the ingredients in products they use. CertClean allows consumers to instantly recognize products that are as free from harmful ingredients as possible.
For Lee, a chemical engineer with an MBA, this award comes at an important stage in the development of her company. “This financing has accelerated the growth of my business, enabling me to automate and scale my operations, as well as giving me the time to build my campaign to launch CertClean early in the new year.” In addition to financing, this Spin Master Innovation Fund award includes a two-day workshop with networking opportunities and one-on-one coaching from Spin Master’s senior executives.