Over $1 million in federal funding to support agri-food innovation in Western Canada
June 10, 2021 – Winnipeg, Manitoba – Western Economic Diversification Canada
The global agri-food market is highly competitive and filled with new opportunities. Canadians have continuously risen to these opportunities and led the development of innovative products and technologies to ensure maximum sector growth, while receiving international recognition as a leader in agri-food production.
Today, the Honourable Mélanie Joly, Minister of Economic Development and Official Languages, and Minister responsible for Western Economic Diversification Canada (WD), announced a federal investment of $1,025,773 for Prairie Fava to scale-up its production capabilities and capture new opportunities in North America for the fava bean food market.
The Glenboro, Manitoba based Prairie Fava is an innovative leader in the agri-food and fava bean industry. In response to evolving plant-based dining patterns around the world, Prairie Fava has created and promoted fava-based products that are easy to use, and make an excellent healthy and flavourful addition to meal planning.
WD funding will enable Prairie Fava to scale-up its operations to capture new opportunities within the fava bean market. This investment will result in the purchase of new equipment and support the creation of six jobs. It will also help Prairie Fava commercialize new value-added food ingredients and consumer products for a greater reach in the consumer packaged goods, food service, and food manufacturing markets.