Natural Products Canada Invests $1.7M in Seven Startups, Including Chinova Bioworks & Henri Nutrition
Natural Products Canada (NPC) has announced an investment of $1.7 million into seven Canadian startups producing innovative bio-based and natural products. The startups are: “Investment in a stronger Canada” The seven companies are all recipients of NPC’s Commercialization Programs, designed to accelerate the path to market. The programs focus on three areas to help companies attract partners and investors — product validation & scaling, talent, and competitive strategy. Called Proof of Concept, Access to Talent, and Fast Track to Financing, NPC’s programs provide startups with up to $350,000 in support. NPC works with the companies as a “strategic angel” throughout the application process, providing guidance and resources from its network of over 4000 investors, industry leaders, and experts. In previous years, NPC has invested in …