Key Takeaways
- Support for Agri-Food Sector: The Government of Canada is investing over $12 million to enhance innovation, sustainability, and business growth in the agri-food sector.
- FoodTech Entrepreneur Programs: Over $2.7 million will fund the Unpuzzle Mentorship Program and the FoodTech NOW Funding Program, supporting food technology commercialization in southern Ontario.
- Investment in Agri-Food Companies: $9.3 million is allocated to six agri-food businesses and organizations, fostering productivity and competitiveness.
- Strengthening Canada’s Food Ecosystem: The funding aims to connect businesses with new technologies, insights, and market opportunities.
- Commitment to Sustainability and Economic Growth: The initiative aligns with Canada’s goal of supporting regional development, creating jobs, and promoting sustainable food supply chains.
Canada Boosts Agri-Food Sector with $12 Million Investment
The Government of Canada is strengthening the country’s agri-food sector by investing in innovation, sustainability, and business expansion. The Honourable Ruby Sahota, Minister of Democratic Institutions and Minister responsible for the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), announced over $12 million in funding to support agri-food entrepreneurs and businesses.
Supporting Agri-Food Innovation and Business Growth
The investment includes funding for two key programs aimed at supporting food technology startups and scaling innovative food solutions:
Unpuzzle Mentorship Program & FoodTech NOW Funding Program ($2.7M)
- Administered by the Canadian Food Innovation Network (CFIN).
- Supports foodtech entrepreneurs in commercializing new products and technologies.
- Focuses on strengthening the southern Ontario food manufacturing sector by enhancing innovation capacity.
Investment in Six Agri-Food Companies and Organizations
In addition to the foodtech programs, six companies and organizations will receive a total of $9.3 million to boost agricultural productivity and market competitiveness:
- Agrocrop Exports Ltd.: Enhancing production and processing capabilities in the agri-food sector.
- CATTLEytics Inc.: Leveraging data-driven solutions to optimize cattle farming operations.
- Eastern Ontario Agri-Food Network: Strengthening regional food supply chains and expanding market access for local producers.
- Original Foods Limited: Scaling food production and improving sustainability practices.
- VEL Bars: Innovating within the health food market by developing new nutritional products.
- Vive Crop Protection: Advancing sustainable agricultural practices through innovative crop protection solutions.
Commitment to Strengthening Canada’s Food Ecosystem
The Government of Canada continues to collaborate with local partners to enhance the agri-food industry by promoting sustainable technology adoption, regional economic growth, and increased access to fresh local foods.
Canada Government Perspectives on Agri-Food Investments
Minister Ruby Sahota emphasized the importance of supporting the country’s agri-food sector: “Our government is committed to supporting Canada’s agri-food sector as it drives innovation, creates jobs, and strengthens communities. Now more than ever, we need Canadian products to ensure a resilient and sustainable food supply, and by investing in key initiatives, we are empowering entrepreneurs to grow their businesses and contribute to a prosperous future for all Canadians.”
Dana McCauley, CEO of the Canadian Food Innovation Network, highlighted the role of innovation in driving economic growth “By investing in food innovation, we’re strengthening Canada’s food ecosystem, creating jobs, and advancing technologies that will shape the future of the sector and unlock productivity. With this funding from FedDev Ontario, we’re empowering foodtech entrepreneurs to turn their bold ideas into commercial success for themselves and the food companies who are their customers.”
