CEO Message

September was a month of celebration and new partnerships at Profound Impact.

We were proud to name Hui Huang Hoe and Mike Farwell as winners of the 2023 Impactful Actions Awards on September 14, Profound Impact Day. 

Profound Impact Day is a time to recognize the world’s diverse leaders and changemakers who are leaving their mark on the global community through their initiatives, influence, and impact. This year the award expanded to include two categories: Young Leader and Lifetime Achievement. Hoe was awarded the Young Leader category, and Farwell accepted the Lifetime Achievement award. 

Hui Huang Hoe is a serial inventor of green electrochemistry and the founder of elerGreen, a cleantech startup recovering valuable polymers, metals and chemicals from chemical waste. 

Mike Farwell is a radio host at CityNews 570 in Kitchener and is play-by-play announcer for the Kitchener Rangers OHL hockey team. He is a relentless community builder who turned the grief from losing his two sisters to cystic fibrosis into Farwell4Hire, the largest annual fundraiser for Cystic Fibrosis Canada, through which he has raised more than $1.25 million. 

You’ll learn more about Hui Huang and Mike in the profiles in this month’s newsletter.

We were also pleased to announce a new partnership with Haltech Regional Innovation Centre in September.  Haltech is a non-profit organization launched in 2011 and is the go-to strategic connector and educator for start-ups in the Halton Region of Ontario and beyond. The partnership between Profound Impact and Haltech is designed to discover a range of funding and research opportunities for internal research and product development for Haltech’s clients through access to Research Impact, our AI-powered tool.

Profound Impact is proud to be a woman-founded and led company. Last month, I joined Sean Weisbrot, host of the We Live to Build podcast, to talk about my previous career in cryptography, my ongoing passion for encouraging women in business and the power of female investors.  You’ll find the podcast here.

Thank you for connecting with us and the Profound Impact community.

Sherry Shannon-Vanstone

Profound Impact Partners with Haltech



The partnership will allow clients to match with research funding and collaborative partners

HALTON REGION, ON | SEPTEMBER 19, 2023 — Profound Impact™ Corporation and Haltech Regional Innovation Centre are working together to provide targeted and timely grant matching opportunities to Haltech’s roster of clients.

The companies announced the partnership at Haltech’s annual open house on September 19, 2023. The newly announced agreement will offer Haltech clients access to grant matching through Profound Impact’s AI-powered tool, Research Impact. Research Impact offers automatic, targeted and timely grant matching. With more than $300 billion in funding opportunities, hundreds of thousands of industry partners and 8.8 million researchers available across the globe, it can be overwhelming and time-consuming to find the right matches for academia, industry and grants. Research Impact helps innovators find their perfect match, sending best-fit grant opportunities directly to the inboxes of interested parties.

“Academics and innovators face several challenges when it comes to discovering partnerships and finding suitable funding opportunities for applied research,” says Dr. Sherry Shannon-Vanstone, President and CEO of Profound Impact. “Our innovative matching tool, Research Impact, provides a faster, more accurate way to find these resources, saving time and money. We are excited to offer this tool to Haltech’s clients and look forward to helping advance new research projects.”

Haltech is a non-profit organization empowering innovative companies to realize their full potential through education, advisory services and strategic connections. Companies joining the Haltech roster have the opportunity to accelerate their business growth through educational workshops, business advisory services and strategic connections.

“We’re so pleased to be able to connect our clients to grant and research opportunities through this partnership with Profound Impact,” says Shann McGrail, Chief Executive Officer with Haltech. “We know the matches through Research Impact will help companies find new funding opportunities for their internal research and product development. 

Haltech clients interested in utilizing Research Impact can sign up using this form.

Anyone interested in learning more about Research Impact can contact the Profound Impact team and book a custom demo here



Based in the Toronto-Waterloo technology corridor, Profound Impact’s AI-powered tool – Research Impact – helps academic and industry researchers find the perfect funding match. With over $300 Billion in research funding opportunities, 100,000s industry partners and 8.8 million researchers globally, finding the optimal grant for academic and industry innovators is often overwhelming and unnecessarily time-consuming.  More than just a search engine, Research Impact offers automatic, targeted and timely matching.  Profound Impact’s customers include top North American research institutions, universities and industry partners.  CEO and Founder Sherry Shannon-Vanstone is a serial technology entrepreneur with an unparalleled track record.  She has had five successful start-ups and exits in Silicon Valley and Canada, including two IPOs and acquisitions.


Haltech is a non-profit corporation supported by Ontario’s Ministry of Research, Innovation & Science, Ministry of Economic Development & Growth, and their valued Corporate Sponsors.

Haltech empowers all innovative companies to realize their full potential through education, advisory services, and strategic connections. Haltech launched in 2011 and is the go-to strategic connector and educator for startups in Halton and beyond. To date, Haltech has helped boost more than 1,000 startups and scale ups. 


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