A Newfoundland and Labrador company operating in the energy market and ocean technology sector is looking to expand internationally with support from the Provincial Government.

The Honourable Andrew Parsons, KC, Minister of Industry, Energy and Technology, today announced a provincial contribution of over $51,000 in non-repayable funding support through the Innovation and Business Investment Corporation to Angler Solutions Inc.

Angler Solutions Inc. is a local consulting and technology-focused company that was incorporated in December 2020. Since then, the company has grown steadily. With specialist expertise in areas such as research and development, technological innovation, techno-economic analysis, and a broad range of skill sets in support of early phase project development and execution, Angler Solutions is focused on four key areas: offshore oil and gas, energy transition, renewables, and ocean technology.

As the world undergoes the transition to clean energy, Angler Solutions is poised to make the most of available opportunities. With a workforce that offers a unique set of transferable skills built up in the oil and gas sector over 25 years, the company is embarking on a 12 month project to develop and implement market and business growth initiatives, provide knowledge development and energy transition training to its employees, and enhance the scope of technical assistance services.

The Provincial Government funding will support the identification of priority markets for service offerings, assessment of the company’s ability to expand into new markets, and development of strategic marketing plans to support international business initiatives and potential partnerships. This funding also includes travel stipends to facilitate company attendance at international trade shows and sector supplier diversity missions.

Quotes
“This funding will support Angler Solutions Inc. in growing its sales in international markets, including expansion into Europe and other jurisdictions globally. We are pleased to support this work and help leverage clean technology and related initiatives for development and adoption with emerging industries.”
Honourable Andrew Parsons, KC
Minister of Industry, Energy and Technology

“Angler Solutions is very grateful for the funding provided by the Provincial Government. This support will be instrumental in Angler’s ability to grow its business outside Newfoundland and Labrador with an aim to establish new partnerships strategically focused on decarbonization in the energy sector and advancement of technologies in support of a sustainable ocean economy.”
Chad Fowlow
Founder, Angler Solutions Inc.

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Angler Solutions Inc.

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