Bioenterprise, Canada’s Food and Agri-Tech Engine, and Provision Coalition Inc., Food & Beverage Sustainability Experts, have partnered in a new collaboration to fast-track the growth of small food and beverage companies.
Small and micro-sized companies (fewer than 10 employees) represent 76% of food and beverage processing and manufacturing in Canada. To support this hugely important and growing sector, Provision Coalition last year launched R-Purpose MICRO (established initially through the support of the Our Food Future initiative). It’s a 12-week virtual business transformation boot camp to enable micro-sized food and beverage companies to put purpose, sustainability and circularity at the heart of their businesses.
Through this new partnership, Bioenterprise is offering an investment readiness session for R-Purpose MICRO participants to help prepare them for the launch, scale-up or expansion of their businesses.
Graduates of the program will also receive a 50% discount on Bioenterprise membership, giving them access to the Engine’s full national network of expertise, business acceleration resources and funding opportunities.
“Sustainability is a fundamental part of any business from start-up to large multinational, and it is particularly critical in the food and beverage sector where margins are thin and consumer demand is changing rapidly,” says Bioenterprise CEO Dave Smardon. “We’re excited to welcome Provision Coalition as a Service Partner and look forward to both working with their graduates and introducing Provision’s services to existing clients of the Engine.”
“This partnership with Bioenterprise is about providing an additional level of service and support to emerging small and micro-sized companies as they graduate from the RPM program,” adds Provision Coalition CEO Cher Mereweather. “We believe strongly in the entrepreneurial power of small business to help bring more sustainability and circularity into the food system, and our partnership with Bioenterprise is a tremendous value-add for these graduates.”
Bioenterprise works with various Service Partners who can deliver services and expertise that its members may need to accelerate their businesses and innovation projects. For more information on Provision Coalition or any other Bioenterprise Service Partners, please contact Carla Berquo, Manager of Canada’s Food & Agri-Tech Engine at email@example.com