Guelph initiative linking meals processors with clear tech receives $2M from feds
A Guelph initiative helping small food producers go green is receiving some financial assistance from the federal government.
The Federal Economic Development Agency for Southern Ontario announced June 10 that it will be investing nearly $2 million in Bioenterprise Canada, a Guelph-based company launching the FoodShift program.
The program will help connect agri-businesses and small-scale food processors with clean tech businesses in the region to implement more environmentally friendly technologies.
Businesses that qualify for the program will receive up to $50,000 via FoodShift, which the business would match, to go toward those green upgrades.
“The initiative will help 30 industrial food processors to future-proof their businesses, support an additional 30 clean tech companies to commercialize their technologies and grow their revenues, and support 200 jobs,” Dave Smardon, Bioenterprise’s president and CEO, said at a Friday morning announcement.
Guelph MP Lloyd Longfield had originally been scheduled to speak at the event, but was forced to cancel after testing positive for COVID-19.