Unlocking Potential: Protein Industries Canada Seeks Innovations
Innovative Call for Projects in Canada
Protein Industries Canada is now accepting expressions of interest (EOIs) for an exciting opportunity centered on blending pulses and cereals. They aim to create the next generation of high-protein, plant-based ingredients and food products, meeting the ever-growing demand for nutritious options.
Meeting Dietary Needs with Enhanced Ingredients
As consumers look for ways to incorporate more protein and fiber into their diets, the demand for innovative ingredients rises. Senior Director of Programs, Lisa Campbell, highlights that merging pulses and cereals not only boosts overall protein and fiber content but also creates a more complete protein source. These ingredients are crucial for manufacturers aiming to produce healthier baked goods and snacks.
The Investment Opportunity
Through this initiative, Protein Industries Canada plans to channel $10 million into projects that explore not just the blending of pulses but also projects focused solely on cereals, especially wheat or barley. This call aims to expand support within the ingredient manufacturing sector, acknowledging that increased cereal usage is vital to enhancing Canada’s food processing landscape.
Collaboration in Project Development
One notable change in this call for projects is the reduced requirement of collaborators from three to a minimum of two, one of which must be a small or medium-sized enterprise (SME). Projects must also incorporate a high-protein dryland crop. Notably, approved projects can receive reimbursement of up to 45% on eligible costs, further enhancing collaboration opportunities.
Fostering Strong Partnerships
Collaboration is vital within the Global Innovation Cluster model. According to Campbell, while three collaborators are preferred, the initiative shows flexibility, realizing that partnerships can still flourish with just two players in certain situations. The goal is to support collaborations that will bring substantial benefits to all parties involved.
Submission Process for Interested Projects
Consortiums interested in participating are encouraged to visit Protein Industries Canada's website. There, they can complete a form to express their interest. If they meet the basic criteria, a member of the Project team will reach out to arrange a preliminary meeting, crucial for submitting an EOI.
Timeline for Project Submissions
Expressions of interest can be submitted until a specified deadline, encouraging early submissions to facilitate timely reviews. EOIs are evaluated continuously, enabling successful projects to advance quickly in the process.
Impact on Canada’s Economic Landscape
Protein Industries Canada stands as one of the five Global Innovation Clusters in Canada. The organization and its members are taking advantage of a significant opportunity valued at approximately $25 billion, poised to shape the ingredient manufacturing, food processing, and bio-product sectors. To date, Protein Industries Canada has funded 72 projects and contributed nearly $600 million to elevate Canada’s food processing ecosystem.
Contact Information
For any inquiries regarding this initiative, Tiffany Stephenson from Protein Industries Canada can be reached at 306-519-8202 or via email at tiffany@proteinsupercluster.ca.
Frequently Asked Questions
What is the goal of Protein Industries Canada's call for projects?
The goal is to explore innovative blends of pulses and cereals to create high-protein food products that meet consumer demand for nutritious options.
Who can participate in this initiative?
Consortiums with a minimum of two collaborators, including an SME, can submit EOIs for projects involving high-protein dryland crops.
What kind of financial support is available for approved projects?
Approved projects may receive up to 45% reimbursement on eligible costs to aid in their development.
How can interested parties submit their EOIs?
Interested parties should visit the Protein Industries Canada website and fill out the designated form to express their interest.
What has been Protein Industries Canada’s impact so far?
To date, they have invested in 72 projects and contributed close to $600 million to foster growth within Canada’s ingredient manufacturing and food processing sectors.
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