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GreenBank's portfolio company CodiKoat awarded innovation grant of about C$1.5M from Innovate UK

GreenBank's portfolio company CodiKoat awarded innovation grant of about C$1.5M from Innovate UK

GreenBank Capital (CSE:GBC) Inc CEO Terry Pullen tells Proactive that its portfolio company CodiKoat has beaten a very strong field to win a nationwide competition in the UK designed to find the best solutions to provide clean air in residential environments.

Pullen says CodiKoat was one of 49 companies that took part in a competition by Innovate UK, a non-departmental public body seeking to help solve the serious problem of nitrous oxide and sulphur dioxide gases as well as particulate matter. What's more, CodiKoat has appointed Philip Green as its CFO. Green is the former Amazon CFO for the Europe, Middle East, and Africa regions.

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