Businesses create natural products to address a range of challenges including health and animal health and bioplastics
Natural Products Canada (NPC) is pleased to announce the latest recipients of its Commercialization Programs designed to help Canadian companies overcome key challenges on their path to success.
“We’re proud to be able to support these innovative companies in their growth initiatives,” says Shelley King, CEO, Natural Products Canada. “We are particularly happy to help companies maintain and increase their teams during a time of so much economic uncertainty.”
The Commercialization Programs address common obstacles for emerging innovation companies, including executive leadership, product/technology validation, and access to capital. Details and application guidelines can be found online.
“The successful applicants are using these funds to pursue strategic developments including new facilities and e-commerce platforms to help them compete during the pandemic and in the future,” says King.
The latest Commercialization Program recipients represent naturally-derived products from diverse industries including human health and wellness, animal health, and bioplastics.
- Genecis produces biodegradable plastic from organic waste. They received funds through the Executive Talent Program to hire a Director of Engineering to oversee the design and commissioning of their new demonstration facility.
- Healthy Cow has developed a probiotic product, ProPreg, to promote reproductive health in dairy cows. They received funds through the Fast Track to Financing Program to complete strategies for their IP, marketing, and financing.
- Maskwiomin is a start-up founded by two researchers from Cape Breton University to leverage the traditional medicinal properties of birch bark-oil in a cosmetic and natural health product. They received funds from the Fast Track to Financing Program to develop a regulatory strategy and business plan.
- Novagevity has developed an organic, plant-based meal replacement beverage, Sperri, targeting the medical nutrition market. They received funds through the Fast Track to Financing Program to develop their e-commerce platform.
- Staterra has developed a nootropic, Mindgain, to enhance brain function and cognitive health. They received funds through the Fast Track to Financing Program to complete their digital media plan and platform.
The five companies join previous recipients, Partake Brewing, DoseBiome, Entomo Farms, Oberland Agriscience, Crazy D’s All Natural Lab and Bosk Bioproducts.