An Edmonton-based company dedicated to making more sustainable feminine hygiene products won $10,000 at a pitch competition last week.
Hempact is a women-led entrepreneurial venture focused on creating menstrual pads out of hemp. They aim to provide chemical and cotton-free alternatives to conventional menstrual pads that are both biodegradable and disposable.
“Women shouldn’t have to choose between saving themselves and saving the environment,” said co-founder Sonia Lal during her pitch in the Agriculture in the Technology Age category at Inventures Unbound, which was held online June 3 and 4.
Hempact was one of four Edmonton companies vying for a share of $60,000 in the pitch competition, presented to a panel of expert judges in front of a virtual audience. The winner in each of six categories took home a $10,000 cash prize.
Three other Edmonton-based companies pitched at the event but did not win:
- 2S Water, which has developed a sensor to detect metals in water in real time, lost out to SensorUp in the Data in the Digital World category.
- Rogue 7 Inc, which offers a digital assistant for control room operators as a solution to monitoring pipelines, lost out to AutonomIQ in The Future is AI category.
- True Angle, which pitched a device-enabled smart training system for people with swallowing disorders, lost out to Goldfinch Health in the Healthier Living, Broader Thinking category.
Inventures is a Calgary-based tech conference organized by Alberta Innovates. This year’s iteration, which had to move online due to the COVID-19 pandemic, attracted more than 2,000 innovators, investors and service providers from Alberta and around the world.