Food In Canada

Henry’s Tempeh wins Bioenterprise Canada’s SmartGrowth Program

By Food in Canada Staff   

Business Operations Bioenterprise Canada Editor pick Exact Blue Technologies Henry's Tempeh

Enhanced Medical Nutrition, Exact Blue Technologies, Henry’s Tempeh, and Vivid Machines win the latest round of Bioenterprise Canada’s SmartGrowth Program. These companies will receive funding and mentorship support to accelerate their business growth and profitability while strengthening the regional economy for southern Ontario’s food and agri-technology sectors.

The SmartGrowth Program provides successful applicants with up to $100,000 in non-repayable acceleration financing (to be matched by the recipient company), as well as coaching and mentorship services.

The Government of Canada, through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), is supporting Bioenterprise Canada with $6.3 million to deliver the SmartGrowth Program and lead the creation of a food and agri-tech hub in southern Ontario.

“Agri-food continues to be one of Canada’s leading sectors of innovation for both its universal utility from a global perspective and the potential impact of sustainability innovations on our national emissions footprint. SmartGrowth is showcasing the most competitive technologies from southern Ontario and driving economic growth while increasing efficiency in the agri-food sector,” said Dave Smardon, CEO at Bioenterprise. “The support from FedDev Ontario is critical to these companies as they scale up and advance the adoption of their innovative products and technologies. I applaud and congratulate each of our successful applicants.”


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