KPM-Accelerate works with incubated start-ups and SMEs in the field of chemical processing, advanced materials, chemical energy (production, storage, or transfer), and material transformation to provide them support in validating and scaling-up their processes.
As a program presented by Kingston Process Metallugy Inc., KPM-Accelerate’s mandate is to support chemical start-ups and accelerate their development on the road to the commercialization of their technology. Chemical-based companies face a monumental "death-valley" post-incubation, in-part because of the rapid need for infrastructure they need to build and expert level staff they need to hire quickly. KPM-Accelerate is the only accelerator that focuses on chemical processing and provides the infrastructure, flexible labour, deep process experience, and a long history to move incubated projects to the pilot stage. This unique blend of support allows founders the opportunity to advance the business side of their company while the key development milestones are met by an integrated and experienced team that is dedicated to chemical processing.
We work with the best SMEs & Start-Ups in the world. It all starts with an application to the KPM-A program.
Once a good fit with KPM-A has been established, we can help confirm the technology's market application so that companies can build what they NEED as an MVP instead of what they WANT to build. That's why, if necessary, we will dive deep into the use-cases, customers, and general market landscape of their technology to pull out the driving success factors needed for the next step of their company.
We work based on their NEEDs to make sure their company gets where they want to go. Unlike traditional accelerators, the scope of the interactions with KPM-A are defined by a project instead of some arbitrary timeline. This is done to create a clear timeline and ask when fundraising.
We will run their project with flexible and experienced staff; broad and capital intensive infrastructure; and with the goal of accelerating their chemical deep-tech company technology. This allows them to focus on marketing and PR, IP protection, on-boarding key permenant technical staff without a rush, sourcing their next round of fundraising, building partnerships, and securing new customers.
Once you know what it will take to get to the next step, then you need to fund it. We will help you get investment-ready with mentoring, resources, our history with government grants, and exposure to our direct industrial network that could lead to an investment.
Run the Project
Our resources will address your business development questions and concerns with the perspective of chemical start-ups. Areas of support include:
Company Evaluation (DCF Modeling)
Business & Tech
White Paper Writing
IP Filing & Strategy
Branding & Sales
A perfect example of how KPM works with start-ups is Li-Cycle’s new commercial lithium-ion battery recycling facility, now operating in Kingston within three years of development and piloting with KPM. Through their own merit and the work they completed with KPM, they have become an industry leader in lithium-ion battery recycling. KPM-Accelerate was designed to replicate this process and streamline the integration of new companies.
is now operating their own commercial plant in Kingston, Ontario (2,500 tonnes/year)
GreenCentre Canada, a chemistry and materials development centre, helped develop and optimize Li-Cycle’s process and supported KPM’s scale-up work.
While the Li-Cycle and KPM teams focused on the acceleration of Li-Cycle’s chemical technology, Li-Cycle fundraised based on the scoped pilot project and developed their supply chain to be ready for massive intake.
KPM tested Li-Cycle’s flowsheet, soon defining the scope of the pilot project. As Li-Cycle was developing their technical and engineering capabilities, we worked as one team to reach the set goals.
The project went from a process flow sheet to a full-size pilot facility that processed up to 365 tonnes of Li-ion batteries per year and demonstrated the efficacy of their technology to secure further investment and international clients.