Business & Policy
Funding for new value-added food products
Jan. 16, 2013, Brandon, MB - The federal government is funding the Manitoba Food Processors Association (MFPA) to help entrepreneurs in that province launch new processing businesses.
The investment of $300,000 will help entrepreneurs create value-added food products by providing them with resource planning tools and the consultation services of a business development co-ordinator.
A further investment of $141,666 will allow the MFPA to study the concept, feasibility and optimal development of a unique service centre designed to enhance the existing functional food and nutraceuticals research, processing and commercialization capacity available in the province. The Centre would also assist entrepreneurs with commercialization and marketing activities, while serving as a hub for the development of new research and packaging technologies in the province.
The MFPA works with over 150 food processing companies in Manitoba, creating programs that assist entrepreneurs and existing businesses establish their operations and increase their competitive strength in the market.