CFIN invests $3M in companies developing robotics, clean label and sustainability solutions
By Food in Canada StaffBusiness Operations Canadian Food Innovation Network Editor pick
The Canadian Food Innovation Network (CFIN) is investing more than $3M into five projects valued at nearly $7.3M through the organization’s Food Innovation Challenge and Innovation Booster programs.
The Food Innovation Challenge funding recipients are:
- Gastronomous Technologies Inc. (Oakville, Ont.), partnering with Recipe Unlimited and Sodexo Canada, will receive $1,919,655 to fund the development of smart/connected kitchen equipment ranging from food ingredient preparation and cold storage to accurate automated portioning/dispensing of those ingredients.
- Laboratoire Innodal Inc. (Quebec City, Que.), partnering with Dempsey Corporation and E. Gagnon et Fils Limitée, will receive $943,592 to increase the shelf life of food with natural and clean label antimicrobials, as an alternative to traditional chemical preservatives.
The Innovation Booster funding recipients are:
- Ag-Tronic Control Systems Inc. (Lakeshore, Ont.) will receive $100,000 to finish the development of globally certified-compostable pressure-sensitive label materials as well as the final printed PLU labels.
- Canadian Pacifico Seaweeds Ltd. (Surrey, B.C.) will receive $93,304 to scale up the extraction, activation and utilization of vitamin B12 and other water-soluble functional compounds found in Pacific seaweeds.
- Groupe Foodarom Inc. (St. Hubert, Que.) will receive $99,834 to develop and validate a solution composed of one or more natural ingredients with antimicrobial properties to eliminate multi-resistant fungal contaminants that are often found in concentrated fruit syrups and purees.
The Food Innovation Challenge is a funding opportunity for Canadian food industry collaborators who want to spearhead transformative improvements that will propel the food sector forward and generate significant economic impact. The Food Innovation Challenge prioritizes projects focused on smart product and process development, food ecosystem sustainability, and agile and safe supply chains.
The Innovation Booster provides flexible and rapid support to small or medium enterprises (SMEs) as they address food innovation challenges or technical hurdles that have created barriers to achieving their commercialization goals.
Both programs are administered by CFIN, which is supported by the Government of Canada’s Strategic Innovation Fund.
The Innovation Booster is open for submission, closing July 7, 2022.
The Food Innovation Challenge has launched its second call for proposals, focusing on digitization and digitalization solutions that create safer, more secure, and more agile food supply chains with letters of intent being accepted June 1 to July 7, 2022.
Applicants must be members of the Canadian Food Innovation Network. Membership is free and open to anyone in the Canadian food sector.
“By investing in breakthrough and transformative innovation, CFIN stimulates collaboration across the food sector and enables high-potential Canadian food innovators to advance past technical hurdles that create barriers to commercialization. This first round of investment programming will help Canadian players in the food sector compete and lead on the global stage,” said Joseph Lake, CEO, CFIN.
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