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Federal Government Unveils $1.75B Venture and Growth Capital Plan: What It Means for CFIN Members

The Government of Canada has announced a major investment strategy designed to strengthen the domestic venture capital ecosystem and bridge critical funding gaps for high-growth innovators. https://www.canada.ca/en/innovation-science-economic-development/news/2026/10/minister-joly-unveils-canadas-new-venture-and-growth-capital-plan-that-will-strengthen-venture-capital-investments-in-canada-with-175-billion-in-fu.html Through the new Venture and Growth Capital Catalyst Initiative (Growth VCCI) and Canada’s Early and Growth Stage Investment Strategy, the federal government is committing $1.75 billion on a cash basis—a effort expected to leverage over $5.5 billion in total investment alongside private capital. For CFIN members—particularly technology developers, food and beverage manufacturers scaling up operational technologies, and post-farmgate innovators—this capital injection represents expanded opportunity for growth, commercialization, and investment. Key Highlights for the CFIN Community 1. $1B Venture and Growth Capital Catalyst Initiative (Growth VCCI) Administered via three dedicated streams, this initiative focuses on crowding in institutional and private investment: Fund-of-Funds Stream ($700M): Focuses on leveraging private venture capital and attracting pension funds and institutional investors to Canadian innovation. (Expressions of interest are open now until January 21, 2027.) Life Sciences Stream ($200M): Targets Canadian VC fund managers supporting companies in the life sciences sector. Emerging Manager Stream ($100M): Supports new and emerging fund managers, prioritizing strategic sectors and regions outside traditional VC hubs. 2. $750M Early and Growth Stage Investment Strategy Managed by BDC, this strategy addresses financing gaps at two pivotal growth phases: Pre-Seed & Seed Stream ($75M): Helps early-stage startups reach Series A. Later & Growth Stage Stream ($675M): Supports scaling firms so they remain anchored in Canada as they mature. Have Your Say The federal government and BDC are currently seeking stakeholder input to shape the design of the Later and Growth Stage Investment Stream. If your organization has insights on growth-stage funding needs in Canada’s foodtech and manufacturing innovation sectors, you can review the Discussion Guide and submit written feedback directly to capital@ised-isde.gc.ca until 5:00 PM (PCT) on November 23, 2026. 👉 Read the full government press release: https://www.canada.ca/en/innovation-science-economic-development/news/2026/10/minister-joly-unveils-canadas-new-venture-and-growth-capital-plan-that-will-strengthen-venture-capital-investments-in-canada-with-175-billion-in-fu.html

Man speaks at a podium with two women beside him during an outdoor Strategic Response Fund event.

Minister Joly announces $50 million investment in CFIN to strengthen Canada’s food sector

Investment will advance Canada’s National Food Security Strategy and support the domestic supply chain.

Community Manager

CFIN Joins Global Innovators at Web Summit Vancouver 2026

CFIN Joins Global Innovators at Web Summit Vancouver 2026

Last week, CFIN was thrilled to be on the ground at Web Summit Vancouver 2026 where the energy was on point ⚡ National Senior Innovation Director , @Lavina Gully and Director of Communications, @Jamil Karim spent an incredible few days connecting, learning, and celebrating the growing momentum behind innovation in BC and beyond! We were especially excited to reconnect with several CFIN members like Maia Farms, Arbia, and BetterTable, and to spend time with many local partners at the BC Pavilion . It was fantastic to see Canada’s food innovation ecosystem showing up in force on a truly global stage. Looking for more analysis on Web Summit Vancouver? Read @Lavina Gully 's reflections on the Scaling Agritech: From Pilot to Profitable Growth panel, exploring what it takes to turn emerging foodtech innovation into scalable commercial success: https://www.linkedin.com/posts/lavinagully_food-and-agritech-had-a-much-stronger-share-7460811935018618881-s2Ux?utm_source=share&utm_medium=member_desktop&rcm=ACoAACLLGdwBiNeeaewRFuSJeGYvGgDoyT0DExs With 20,000+ attendees, 768 investors, and companies that have collectively raised $77B, this year’s summit made one thing clear: food systems innovation is gaining real traction on the global tech stage. We left energized by the conversations, proud to see so many CFIN grant recipients represented, and more motivated than ever to keep building Canada’s food future.

Community Manager

Food 4.0 in Action

Food 4.0 in Action

Canada's food sector contributes over $150 billion to the national GDP and employs more than two million people. It's also a sector that has been slow to modernize. The vast majority of businesses are SMEs operating on thin margins, manual processes, and limited access to the technologies that could make them more productive and competitive. CFIN has spent five years funding food tech projects , with a particular focus on helping innovators pilot and commercialize new technologies with industry partners. Across funded projects , 53 of 86 reporting companies confirmed their solutions have been adopted by end users. More than 21,000 of them. CFIN's network features even more adoption stories from across the broader sector. Here are five of those stories. Mode40 & Nonsuch Brewing: Bringing Data-Driven Precision to the Craft of Brewing Nonsuch Brewing, a majority Indigenous-owned craft brewery in Winnipeg, faced operational bottlenecks using a manual scheduling system built from spreadsheets and intuition. This system was limited . Only the founder knew how it worked, and it couldn’t adapt to fluctuating beer demand or optimize production across existing resources. Partnering with Mode40, Nonsuch transitioned to an agentic AI platform that automates scheduling based on real-time demand and capacity. The solution streamlined production, increased output without new investment, and eliminated guesswork. Watch more. RFINE Biomass Solutions & Java Blend Coffee: Redefining Sustainability in the Roasting Process Java Blend has been roasting coffee in Halifax for over 85 years and supplies more than 400 businesses across Atlantic Canada. Spent coffee grounds were one of their largest waste streams — heavy, wet, expensive to dispose of. RFINE's drying technology converts those grounds into Kaffika , a food-grade cocoa extender that replaces imported cocoa products whose prices have surged in recent years. The waste from brewing becomes a saleable ingredient , and a former disposal cost becomes a revenue line. Watch more. Arbia & Jasmine Foods: Scaling Innovation in Traditional Food Sectors Jasmine Foods has been importing Mediterranean products to Western Canada since 1975 — the first halal meat store in the region. When they decided to expand into wholesale, the legacy systems couldn't follow. They offered n o real visibility into margins or cost of goods sold and relied heavily on manual processes. Arbia's AI operating system, developed with CFIN Innovation Booster funding, replaced the handwritten workflows with structured digital operations. Jasmine is now expanding into a new region without hiring additional staff. Watch more. DeepSight & St-Hubert: Pushing the Boundaries of AI-Driven Training Excellence St-Hubert is one of Quebec's most recognized food brands . It operates a chain of resta urants , along with two manufacturing plants and a distribution centre . Employees move consta ntly across the com pany’s different operations, and the team discovered that t raining was inconsistent across all of them . Crucially, they were missing a system to document the expertis e of their workforce. Montreal-based startup DeepSight helped St-Hubert captures that technical knowledge and deliver it as digital step-by-step instructions on tablets or AR headsets — giving every employee in every location access to the same information, on demand. Watch more. Kitchen Hub & Bowld: Revolutionizing the Food Hall and Multi-Brand Experience Opening a second restaurant location is expensive. Lease, buildout, equipment, staff — it typically adds up to hundreds of thousands in expenses before even serv ing a single customer. Kitchen Hub's shared kitchen infrastructure offer s QSRs like Bowld a different path: test new markets using physical kitchen space combined with integrated digital ordering and multi-brand fulfilment platform , all without the traditional overhead of a full new location. Watch more. The Beginning of Canada’s Food 4.0 Future Each of these projects offers a look at what Food 4.0 looks like in practice. From an AI-enabled Winnipeg brewery to a Quebec food manufacturer armed with augmented reality training capabilities, Food 4.0 is a Canadian food sector that's more productive, more competitive, and more resilient — driven by the adoption of smart technology across manufacturing, foodservice, distribution, and retail. It is innovation n ot just in lab s or pilot facili ties , but on commercial production lines, in kitchens, and across the operations of thousands of Canadian food businesses . That's the future CFIN is building. And it's already underway.

Community Manager

Five Years of Showing Up: Putting Canadian Foodtech on the Map

Five Years of Showing Up: Putting Canadian Foodtech on the Map

From the beginning, CFIN's strategy has been to give Canadian food innovators opportunities that were previously absent. Five years in , that approach has built a substantial events footprint and media presence — both of which have been critical to connecting innovators with the visibility, relationships, and credibility they need to grow. CFIN E vents by the Numbers Since 2021, CFIN has hosted 20 in-person live events, gathering over 1,600 attendees. The traje ctory tells the story of a growing platform: The Food t ech Next showcase started with over 150 attendees in 2023 and 2024, and grew to nearly 300 attendees in February 2026 — becoming a key moment for CFIN-funded companies to present their pilots and results to investors, government funders, and industry partners.

Community Manager

The Network Effect: How CFIN Built Canada's Most Active Food Innovation Community

The Network Effect: How CFIN Built Canada's Most Active Food Innovation Community

CFIN was founded in 2021 on a specific premise: Canada's food sector needed a national network to connect an industry that had been operating in siloes for decades. The premise turned out to be right. The community now stands at more than 8,500 members — adding 150+ every month — with representation from every province, every part of the value chain, and every stage of business from pre-revenue startups to billion-dollar processors. Here's a closer look at what that network looks like five years in. The N etwork by the Numbers CFIN’s membership spans the full food value chain: manufacturers, processors, distributors, operators, tech companies, funders, researchers , and innovators . YODL, CFIN's community platform, has quietly become one of the most active food business hubs in the country. It sees over f our hundred thousand unique page views per year , up to 1,500 unique member logins per month , and m ore than 8,000 individual posts and contributions since 2022 . For a growing number of Canadian food businesses , YODL is the first place they go when they need a collaborator, a co-packer, or a second opinion on a new idea. Supporting Member O rganizations by Building C onnections The connective tissue of the CFIN community is our team of Regional Innovation Directors, who have supported more than 2,200 organizations since 2021. The ir work defies tidy summarization: it can look like a call with a founder in Halifax who needs a co-packer, a warm intro between a scaling startup and the senior hire who ends up running their go-to-market, or connecting two companies in different provinces solving adjacent problems who should probably know each other. RIDs broker the relationships that lead to commercial partnerships and new customers. Crush Dynamics got an introduction to A&W for a formulation opportunity. Supply chain software firm Owl Solutions met RDJ Bakeries, one of the country's largest commercial cracker manufacturers. Innodal and Index Biosystems, two companies in entirely different corners of food safety innovation , formed a strategic partnership after CFIN brought them together. When Laplace Robotics needed experienced leadership for their go-to-market strategy, CFIN sourced the advisor who became their Head of Project Development. CFIN also helps connect companies to capital. For example, Food Cycle Science met Power Sustainable Lios through CFIN — a relationship that led to one of the most significant strategic investments we've seen in Canadian foodtech . The academic connections run deep as well — Holland College's Smart Kitchen, Niagara College's Food and Beverage Innovation Centre, NAIT, UBC Food Science, Conestoga's Food Research and Innovation Lab, and many others have been connected to industry partners across the country, advancing partnerships and helping researchers commercialize made-in Canada IP. These aren't the connections that make press releases. But they a re the ones that end up shaping the trajectory of a business. What Comes Next Canada's food and beverage sector is a $150-billion industry built overwhelmingly on small and mid-sized businesses. Most of them don't have an R&D department. Many don't have a network beyond their region or their immediate supply chain. For decades, that isolation was just how the industry worked — everybody solving the same problems independently, often without knowing someone three provinces had the solution they needed . That's the capacity gap that CFIN was created to fill. Five years an d 8,500 members later, the question isn't whether the network was needed. It's how much further we can go together .

Community Manager

What You Told Us: Highlights from CFIN's Latest Membership Survey

What You Told Us: Highlights from CFIN's Latest Membership Survey

Between November 2025 and January 2026, 439 CFIN members across every region weighed in on where the network is delivering and what they need most heading into the year ahead. The responses point to a membership that's actively using CFIN's core services and hungry for more , particularly when it comes to industry insights , funding support, and opportunities to connect. Where CFIN is Delivering – 60% of Members Use YODL Monthly More of you are using YODL , and using it differently than a year ago . Eighty-two percent of respondents use the platform, with roughly six in ten logging in at least monthly. Use of YODL for asking questions and seeking advice jumped 39 percent year over year, which tells us the platform is becoming a genuine working resource and active community. Funding programs remain the single highest-rated activity, scoring 4.16 out of 5 for importance. That held true across nearly every industry and region. Perhaps most meaningfully, 76 percent of members said that CFIN membership has helped them overcome innovation barriers. The top three barriers cited were sourcing partners and production facilities, securing funding and investment, and finding customers and adopters. O ne survey response captured the general member consensus on what is working and where CFIN is delivering value : "Carry on with the focus on innovation . Keep facilitating connections to service providers, partner organizations, and leveraging the network of knowledge that surrounds CFIN to push producers to the next level." What you Want More of — Industry Insights, Funding N avigation and Events The survey asked which topics and themes members want to see CFIN focus on going forward, and the answers were clear. Market trends and industry insights topped the list at 62 percent, followed closely by funding navigation and investment readiness at 60 percent. Nearly half of respondents also flagged SME productivity and technology adoption, practical how-to content for innovators, and case studies featuring behind-the-scenes innovation stories. Regulatory and compliance navigation came in at 43 percent, and 40 percent of members want more content on AI and digital transformation — a signal that the sector is beginning to grapple seriously with how these tools fit into food production and business operations. One Ontario-based member echoed a theme we heard across multiple responses: the desire for "diversity of articles and content to cover all aspects of the food industry, including service providers to producers," along with "a greater focus on changes to the regulatory aspect and improving relationships with regulators." Members also told us they want more connectivity. Requests for networking, matchmaking between members, and events that bring together startups and established players came through consistently. Member S atisfaction Grows with Time One pattern worth highlighting: members who have been with CFIN for three or more years reported significantly higher satisfaction than those in their first year, and that trend held across regions and industries. The longer members stay engaged, the more value they tend to find — which suggests the network compounds over time in ways that perhaps aren't always obvious early on. What's Coming in 2026 Your feedback is already shaping what we're building. Next week, we're launching something new: CFIN Sightline, a quarterly brief designed to provide members with market trends, industry insights, and strategic context that 62 percent of survey respondents told us they want more of. The first edition covers supply chain resilience, physical AI adoption in food manufacturing , commercialization strategies for novel ingredients, and more. On the events and programming side, we're building an expanded calendar of webinars and in-person events throughout 2026 — more than we've ever run before. Next up is Tech Adoption in Action on May 28, a live webinar going inside Mode40 and Nonsuch Brewing's rollout of AI-driven production scheduling on the brewery floor. It's the kind of practical, behind-the-scenes session that many of you wanted to see. Expect more webinars like this, alongside more opportunities to gather in person through the coming year. Finally, YODL is getting a significant update later this year to make the platform more intuitive , engaging, and useful for members . That’s about all we can share for now, but we think you’re going to love it. Stay tuned for more. To the 439 members who took the time to respond to this survey — thank you. Every event, program, publication, and platform improvement we have in the works is being informed by what you shared. We' re incredibly excited about what’s coming next for CFIN , and we're looking forward to building it alongside you.

Community Manager

Five Years of Funding the Future of Food

Five Years of Funding the Future of Food

Five years ago, CFIN set out to do something that hadn’t been done in Canada: build a national engine for food innovation that connects startups with funding, processors with new technology , and an entire sector with the tools to compete globally. Half a decade later, the results speak for themselves. Since 2021, CFIN has received more than 700 applications across its funding programs, awarded over $23.3 million to 133 projects through five program streams, and watched those investments help unlock nearly $100 million in follow-on private capital—a four-to-one multiplier that demonstrates how targeted public funding can catalyze market confidence and commercial growth. But the numbers only tell part of the story. Behind every funded project is a company tackling a real problem: a robotics startup building autonomous kitchens to address labour shortages, a biosensor company making food safety testing faster and cheaper, a fermentation venture turning winery waste into functional ingredients. These startups are building what we call Food 4.0 : a tech-enabled Canadian food system that’s smarter, more productive, more sustainable, and more resilient. What matters more than the numbers is what they represent : a national pipeline that takes promising food technology from concept to commercial traction, and an ecosystem of companies proving that Canadian innovation can compete globally. Six Programs, One Food Innovation Pipeline Each of CFIN's funding streams targets a different stage of the innovation journey : I nnovation Boosters ($ 6.2 M across 77 projects) are the workhorse of CFIN’s program portfolio. These grants help companies develop, test, and refine specific technology applications — Cronometer's AI food suggestions engine, Freshr's packaging-integrated shelf life system, Fresh Prep's AI-powered virtual nutrition advisor. They're small er bets with fast er project timelines, designed to generate commercial proof points that help companies attrac t customers and investors . The Food Innovation Challenge ($11.1M across 8 projects) goes bigger. These are large-scale collaborative investments — up to $4 million per project — in transformative ideas that bring together multiple partners. From Gastronomous Technologies' autonomous ChronoGrill charbroiler to Innodal's natural antimicrobial platform for food preservation , t he scale of funding matches the scale of ambition. FoodTech Next ($4. 1 M across 18 projects) funds early-stage tech companies that need to demonstrate and pilot their solutions in real operational environments. This is where Relocalize's autonomous microfactories got their first commercial pilot with Southeastern Grocers and where CanDry Technologies customized its dehydration system for berry and spent grain applications Ontario Food Technology Pilot ($ 1.7M across 18 projects) is CFIN's newest program, funded in part by FedDev Ontario. It supports southern Ontario-based startups piloting food technologies in commercial settings — companies like Jitto , Biofect Innovations, Truely Foods, Otolabs , Sustainable Biosecurity Solutions, and Mindlab . Unpuzzling Green ($130K across 7 projects) is an Atlantic Canada-focused program, delivered in partnership with ACOA, that provides rapid support to food and beverage manufacturers looking to analyze and improve the sustainability of their operations. NextGen Food Innovators ($49K across 5 projects) supports student entrepreneurs at Canadian colleges and universities who are developing IP-driven food technologies. One funded venture from each of CFIN's five regions — Atlantic, Quebec, Ontario, Prairies, and BC/ Yukon — working on everything from seaweed-based bio-coatings to AI- enabled cultivated fat product development . Where the Funding Flows — and What It Grows That funding spans eight technology domains — from next-generation ingredients and kitchen automation to digital supply chains, food waste circularity, packaging, food safety, and consumer platforms. NextGen Food & Ingredients leads at 22% of all submissions and nearly $7.7 million awarded, followed by Kitchen & Restaurant Tech and Food Manufacturing Technologies at 14% each. The distribution tells us where the sector sees its biggest opportunities and its most urgent needs. The momentum that companies build coming out of these programs are proving the model: Relocalize built off a FoodTech Next pilot with Southeastern Grocers to close a $5.8 million seed round. ThisFish expanded its traceability platform with CFIN support and now earns 90% of its revenue from international clients across Asia and Latin America. Fresh Prep used an Innovation Booster to develop AI-powered nutrition tools — the company has since grown into a $100-million national meal kit brand. Innodal used C FIN funding to optimize its antimicrobial platform and went on to secure FDA GRAS approval in the United States We recently documented these program success stories , along with many others, through our Canada's Foodtech Frontiers article series — profiling the companies, investments, and opportunities across all eight of CFIN’s innovation domains : NextGen Food & Ingredients — Fueling the Future Kitchen & Restaurant Tech — Automating the Back of House Food Manufacturing Technologies — Building the Factory of the Future Digital Supply Chain Solutions — From Static to Smart Food Waste & Circularity — Creating Circular Value Food Safety & Traceability — Gaining Global Traction Food Packaging — Reinventing the Wrapper Consumer Apps & Services — Meeting Canadians Where They Eat What Five Years Have Taught Us Looking back on our first five years of funding program, t hree lessons stand out. First, the demand is real and it's growing . More than 700 applications tell us that Canadian food innovators are actively seeking the kind of support CFIN provides — not just dollars, but validation, structure, and a pathway to commercial traction. Second, the challenges that CFIN’s programs address are structural . Across every technology domain, the same friction points surface among applicants : a capital gap between pilot and scale, fragmented regulation, workforce skills shortages, and an SME-dominated sector with limited capacity t o absorb new t echnolog y . The se aren't problems any single program solves . They're problems an ecosystem addresses — which is why CFIN's role as a connector matters as much as its role as a funder. Third, the program pipeline works . Companies enter CFIN programs with promising technology. They leave with proof points, commercial relationships, and investor confidence. The four-to-one ratio of follow-on capital is the outcome of that progression . What Comes Next Five years in, CFIN has helped create a growing pool of homegrown food technology solutions, connected a national community increasingly united around shared challenges, and built a cohort of tech adopters ready to make Canada's food system more productive and resilient. That's the foundation we’ve built . What gets built on top of it over the next five years will be even more exciting .

Community Manager