Regen Med didn't speak to City Council as promised Monday night, but they did get a nice cash infusion of 150-thousand dollars. Council approved a final interest free loan to the tissue bank just a week after the Provincial Government promised cash to the company as well. City Councillor Rebecca Johnson was the only Councillor to vote against the move. The money is to help the company implement its sales strategy over the next six months and complete a business sustainability plan.Monday, February 4, 2013
Council Approves More Money For RegenMed
Regen Med didn't speak to City Council as promised Monday night, but they did get a nice cash infusion of 150-thousand dollars. Council approved a final interest free loan to the tissue bank just a week after the Provincial Government promised cash to the company as well. City Councillor Rebecca Johnson was the only Councillor to vote against the move. The money is to help the company implement its sales strategy over the next six months and complete a business sustainability plan.