Crush’s novel ingredient offers a path to improved nutrition and an ingredient the consumer understands and trusts for numerous applications across the food and beverage industry. Through partnership with Purdys, this project is opening global opportunities to reduce sugar content in chocolate. With the support of other collaborators like Ecovatec, Crush expects to bring this ingredient to market and accelerate adoption in the food and beverage sector.
This funding call targeted disruptive solutions and innovative strategies for addressing food and beverage processing challenges. While the food and beverage manufacturing sector has seen strong growth over the last few years, it also faces many acute problems. Labour scarcity and inflationary pressures are constraining growth for many firms, despite continued strong consumer spending and the recession proof nature of the industry. Additional challenges like extending product shelf life, reducing energy consumption, and alleviating food waste are all hampering manufacturers as they strive to reduce costs and carbon footprints. As firms seek to grow amidst current market conditions, many are looking to optimize, automate, and increase the value of their products.
Since launching in 2021, CFIN has received more than 351 funding applications from innovative companies across the country and has approved $16.8M in funding to 51 projects.
QUOTES
"Breakthrough innovation in the food and beverage industry is essential for addressing the pressing challenges faced by manufacturers. In the face of labor constraints, cost pressures, and sustainability imperatives, food innovation takes centre stage as the linchpin for overcoming obstacles and ensuring a resilient and forward-looking food sector."
– Dana McCauley
CEO, Canadian Food Innovation Network
“Crush Dynamics' new bio-fermentation process offers a concrete solution to address the food and beverage industry's most pressing challenges. This innovative solution will help the industry improve food quality, reduce production costs and carbon footprints. With this initiative, the Canadian Food Innovation Network promotes sustainability through a circular food economy and creates highly skilled job opportunities for Canadians.”
– The Honourable François-Philippe Champagne