megaboxJay&Joy

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Milk- and Dairy Alternatives

France 2030 Funds New Project to Stimulate Plant-Based Dairy Innovation

The French government has committed €8.3 million as part of its France 2030 actions to support a new project that will stimulate local plant-based dairy innovation. The initiative, called AlinOVeg, “Innovating in plant-based food”, has been launched by six French players: Roquette, Agri Obtentions, Eurial, Greencell, INRAE, and the Université Lumière Lyon 2. The French public investment bank, Bpifrance, will operate the collaborative project funded with a total budget of €11.4 million. The largest collaborative innovation project AlinOVeg aims to stimulate French innovations in plant-based dairy, including cheese and desserts, generate new markets and accelerate the transition to sustainable foods in France.  The project also includes empowering farmers to develop and grow a sustainable local plant-based ingredients sector, focusing on peas and fava beans, key …

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Protein Canada

© Protein Industries Canada

Investments & Finance

Protein Industries Canada Receives $150M CAD in Federal Funding for Next Five Years

Protein Industries Canada (PIC) announces it has received $150M CAD in funding from the Canadian government to continue to accelerate plant-based protein innovation. François Philippe Champagne, the country’s Minister of Innovation, Science and Industry, today announced the renewal as part of a $750M investment into the Global Innovation Cluster program. The renewed investment brings the total funding of the consortium to $353M from 2018 through to 2028, including $30 million from the Pan Canadian Artificial Intelligence Strategy.  “As a global agricultural powerhouse, Canada has the means, resources, and skill to turn crops into food – and transform the way the world eats, while also bringing solutions to some of the world’s most pressing challenges, including global food security, the environment and human health,” said Bill …

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mosa-meat-steak-tartare

Cultivated Steak Tartare ©Mosa Meat

Cultivated, Cell-Cultured & Biotechnology

Dutch Government Announces €60M Cellular Agriculture Fund

The Dutch government has earmarked €60 million for a new cellular agriculture fund. The investment will be awarded through the National Growth Fund, which supports innovative economic sectors. It is believed that €60 million is the largest ever sum of public funding to be granted to cellular agriculture anywhere in the world. The proposal for the funding was submitted by Cellular Agriculture Netherlands, a consortium of 12 organisations, and its success comes just a month after the Netherlands legalised tastings of cultivated meat. The Dutch cellular agriculture fund is only the first part of a larger growth plan for the industry, which will involve investing between €252 and €382 million in education, research, scale-up facilities, societal integration, and innovation. It is hoped that this growth …

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Minister for Finance and Senator for South Australia Simon Birmingham

Minister for Finance and Senator for South Australia Simon Birmingham (left) Image source: www.senatorbirmingham.com.au

Ingredients

South Australia Receives $113M to Become “Plant-based Protein Manufacturing and Export Powerhouse”   

South Australia to become home to the largest pulse protein ingredient manufacturing capability in the continent, project expects to generate up to $4 billion in plant-based exports by 2032. The Australian Government has announced a $113 million funding package for a project led by Australian Plant Proteins (APP) to make South Australia a new hub of plant protein production, with the Minister for Finance stating this development puts South Australia “ahead of the pack in the manufacturing of products for the high-growth domestic and booming global plant-based foods market”. The project sees a partnership between one of Australia’s largest meat producers, Thomas Foods International, the APP, and the Australian Milling Group to invest $378 million into three new plant protein manufacturing facilities.  With the aim …

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Bruce Friedrich - Image Courtesy of The Good Food Institute

Society

The GFI’s Bruce Friedrich is Named an “American Food Hero” For His Work in Alt Protein

The Good Food Institute (GFI) Founder and President Bruce Friedrich has been named as a “2021 American Food Hero” in recognition of his work to fundamentally change the food system with alt proteins. EatingWell Magazine has praised Friedrich and the GFI’s work on fighting climate change and reforming food systems in its “American Food Heroes” awards. “Behind the scenes of this surge – everywhere you turn, from advising new companies and funding scientific research to sparking our cultural obsession with meat alternatives – is Bruce Friedrich” – EatingWell Magazine Friedrich founded the international nonprofit over five years ago with the mission of making the global food system better for the planet, people, and animals, with the GFI defining itself with its vision of reimagining meat …

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