IP gap analysis and opportunity recommendation for Circular Supply Chains Inc.
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Circular Supply Chains created an innovative cargo carousel system that can reduce the single-use packaging requirements and provide a ripening-in-transit capability so that bananas can be shipped, ripened, stored, and distributed all from a single intermodal steel shipping container. In partnership with the SMART Centre, they are looking to build an advanced prototype. The reduction in packaging costs alone is considerable, but when combined with the ability to ripen in transit, the financial gains that can be achieved with this new technology have become very attractive to the business community.
“The Centre for Commercialization has been instrumental in helping move our project forward. They not only conducted a detailed gap analysis of our IP, but they also provided us with a detailed follow-up meeting to discuss our current IP position, including a SWOT analysis and a rundown of each of our strengths, weaknesses, opportunities, and threats. I recommend C4C to anyone hoping to commercialize their products.” -Glen Munholland, president