More than 20 beverage businesses will get a boost in launching new products in competitive markets thanks to a recent investment in Niagara College (NC)’s Canadian Beverage Innovation Program.
The Canadian Beverage Innovation Program, delivered through NC’s Food & Beverage Innovation Centre (FBIC) and Business & Commercialization Innovation Centre (BCIC), is being supported by funding of up to $172,000 through the National Research Council of Canada Industrial Research Assistance Program (NRC IRAP).
This funding will enable NC to support more than 20 beverage-focused small- and medium-sized enterprises (SMEs) across Canada. Through the program, companies gain access to a full range of supports towards commercialization — from technical product development and manufacturing scale-up through FBIC, to market research, competitive analysis, branding strategy, and business advisory services provided by BCIC. The program is supported through shared contributions from both NRC IRAP and participating businesses. Together, these services are designed to accelerate product readiness, reduce risk, and help Canadian businesses successfully launch and grow in competitive markets.