Companies develop range of products from medical nutrition to insect protein
Natural Products Canada is pleased to announce the latest recipients of its Commercialization Programs who represent some of Canada’s most promising young companies.
Shelley King, CEO, Natural Products Canada
“We continue to be impressed by the calibre of product development and innovation that we see in these Canadian companies,” says Shelley King, CEO, Natural Products Canada, a national organization that offers commercialization programs, advice, introductions and investment to advance Canada’s natural product industry. “This latest group of recipients meet the growing market demand for natural products and solutions across a range of industries.”
The four companies all completed the rigorous application process, providing detailed evidence of the potential of their product and company, including uniqueness of the technology or product, market demand, and the overall business plan.
“Each of the successful applicants is tackling specific gaps and milestones to realize their full commercial potential,” says King. “With these funds, they can accelerate that progress and meet their goals faster.”
The four companies represent powerful natural product innovation with applications to human and animal health and nutrition:
Aspire Food Group raises crickets to address the growing demand for sustainably-produced protein for both people and animals. They received funds through the Executive Talent Program to hire a Chief Financial Officer to oversee the delivery of their new state-of-the-art facility in London, Ontario.
Enhanced Medical Nutrition offers clinical grade nutritional supplements for orthopedic patients for pre- and post-operative benefits. They received funds through the Executive Talent Program to hire a VP, General Manager USA to help the company expand into the US healthcare market.
GreenSage Prebiotics has developed a unique prebiotic that can be used in place of antibiotics in the animal feed industry. They received funds through the Proof of Concept Program to test the safety and efficacy of the product on shrimp and poultry.
Ikkuma sells a line of sparkling functional beverages under the brand Zero dB™, which contain naturally occurring plant-based cannabinoids. They received funds through the Executive Talent Program for a Chief Operating Officer to optimize their production capacity to keep up with their retail expansion.
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