A new food processing growth fund of as much as $20 million will help B.C. food- and beverage-processing businesses increase productivity, economic opportunities and competitiveness, while strengthening food security for British Columbians.
“Helping B.C.’s food and beverage companies increase their production will result in more B.C. ingredients being used, more B.C. products being enjoyed and more economic activity in communities around our province,” said Pam Alexis, Minister of Agriculture and Food. “The fund will help businesses increase their capacity and sales, and further support the food security and livelihoods of British Columbians.”
The fund will support upgrades to established businesses, such as new or expanded production and storage facilities, the use of robotics and other technology, new product development and commercialization, specialized training for production staff on new technology and systems, and the hiring of specialized experts, such as food scientists to support new products and processes.
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