The partnership between Loyalist College and Bioenterprise will facilitate collaboration between industry and academia, transforming innovative research to high-quality products and technologies.
November 26, 2020
Loyalist College and Bioenterprise: Canada’s Food & Agri-Tech Engine have signed a Memorandum of Understanding solidifying their commitment to supporting small- to mediumsized enterprises (SMEs) across Canada. Bioenterprise and the Applied Research Centre for Natural Products and Medical Cannabis (ARC) at Loyalist College will work together to drive economic growth within the food and beverage, natural health products, cannabis, and hemp industries. Bioenterprise will help to connect innovative companies from across the country to the ARC, which offers industry expertise and services in process optimization, product development, extraction technologies, and analytical testing to ensure their client’s products are safe and efficacious. Furthermore, Bioenterprise and Loyalist College will work together to provide mentorship and advisory services to help SMEs successfully scale their business.
“Our partnership with Loyalist College will allow us to join forces and provide specialized expertise to the food, beverage, cannabis industries and related sectors,” says Dave Smardon, President and CEO of Bioenterprise. “We are seeing an increasing demand for analytical services in the natural products and cannabis sectors. This collaboration will ensure that we are providing stronger, more impactful support to members of Canada’s Food & Agri-Tech Engine.”
“The ARC is an innovation hub for natural products and medical cannabis, and a leader in analytical testing,” says Dr. Ann Marie Vaughan, Loyalist College President and CEO. “In partnering with Bioenterprise, we will be assisting the needs of our country’s agri-tech sector and helping SMEs launch new quality products to remain competitive in a global market. Our aligned values position us to make a positive change in the industry.”
This partnership occurs during a time of exciting changes at Bioenterprise, including the launch of Canada’s Food & Agri-Tech Engine: a membership program designed for SMEs looking to connect, innovate and grow. Bioenterprise is dedicated to enhancing collaboration and reducing duplicated efforts across the agri-tech ecosystem.
For more information, please contact Aaron Misener, Strategic Communications Manager at firstname.lastname@example.org.
About Loyalist College’s Applied Research Centre for Natural Products and Medical Cannabis
Loyalist College’s Applied Research Centre for Natural Products and Medical Cannabis is an innovation hub helping industry collaborate with academia to transform the results of research into high-quality, consistent and safe products, solving their applied research challenges and building their applied research capabilities. The ARC offers companies across Eastern Ontario a supportive, community-oriented platform from which to enhance their productivity, expand their reach and augment their competitiveness in the global market. In addition to income from industry partnerships, the ARC is funded through the Natural Sciences and Engineering Research Council of Canada (NSERC) College and Community Innovation (CCI) Program, as well as the Canada Foundation for Innovation (CFI) College-Industry Innovation Fund (CIIF).
About Loyalist College
Loyalist is Ontario’s Destination College, empowering students, faculty, staff, and partners through experiential, industry cluster-based education, training and applied research programs. The College provides job-ready graduates for, and knowledge transfer to, industry and the community. Of 2017-18 Loyalist graduates, 88.5 percent were employed within six months after graduation. Located on more than 200 acres in the beautiful Bay of Quinte region, the College is perfectly positioned between Toronto, Ottawa and Montreal. Loyalist offers more than 70 fulltime diploma, certificate and apprenticeship programs in biosciences, building sciences, business, community service, health and wellness, media studies, public safety, and skilled trades. Continuing education options are available through LoyalistFocus.com, including hundreds of online, distance and in-class courses, and through the College’s 100+ university transfer agreements. Loyalist is a key driver of social and economic health in eastern Ontario. It contributes 3.7 percent of the Gross Regional Product, representing $382 million annually to the regional economy – based on a March 2020 report by Emsi. For more information on Loyalist’s Belleville, Bancroft and Toronto campuses and Port Hope satellite location, visit YoureGoingPlaces.com.
Bioenterprise is Canada’s Food and Agri-tech Engine, bringing more than 15 years of industry experience to help businesses connect, innovate and grow! Bioenterprise uses its sector-savvy Service Partner network to offer Intellectual Property, Regulatory, Legal, Talent, Sales, Marketing and other expert services and mentorship. Our executive team boasts more than 30 combined years of funding experience, offering feedback and coaching on acquiring public and private funding or investment from a wide variety of sources, as well as direct connection into those streams of funding. The Bioenterprise Engine is a national and global network encompassing research institutions, academia, industry mentors, various levels of government, and the businesses that make Canadian agri-tech and food such a strong industry. Our partnerships with other industries, such as IBM Canada, open doors into innovative new technologies and platforms to help our businesses thrive. Let the Engine drive your own success and scale up with Bioenterprise. To learn more about Bioenterprise, visit www.bioenterprise.ca