Welcome to new Emergence client, Nutracelle

We are happy to extend a warm “EmerGence welcome” to our newest client, PEI-based Nutracelle. Welcome to Canada’s bioscience incubation program!

NutracelleNutracelle is an innovative Nutrition Supplement company, focused on creating the highest quality natural protein and nutritional supplements to help women achieve their health and weight loss goals.

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Nutracelle Founder and CEO, Melanie Wildman

According to Nutracelle’s founder and CEO, Melanie Wildman, “As a mother of children with life-threatening allergies, I recognized a need in the market for safe, natural, gluten and nut-free health products”.

Melanie says that creating Nutracelle has been a labour of love for her, “taking over 3 years of research and using only the very best quality, scientifically-proven, natural ingredients.”

Nutracelle’s Nutralean, for instance, contains 30 grams of 100% Whey Protein and 10 grams of Prebiotic Fiber per serving, is gluten-free, nut- and tree nut-free, with no added sugars, chemical fillers or additives. 

Nutracelle is the recipient of four major awards from the Stevie International Business Awards, out of almost 4,000 companies from over 60 countries. This included being awarded “Gold Overall Winner” for “Start Up of the Year” and “Gold Overall Winner” for “Best New Product”. Nutracelle was also recently recognized as one of the 2017 20 Top Finalists for the Mompreneur Awards across Canada. Congratulations!

Nutracelle recently launched a weekly YouTube Cooking Show, “Protein Treats”, which boats over 557,000 viewers. The company has also developed a series of tools for their their customers, including cookbooks, a recipe database, the NutraPRO Weight Loss Plan, an online support-forum, and a weight loss tracking tool

Nutracelle is currently working on expanding their product line with the development of innovative, convenient, natural health products, including energy bars and baking mixes for the health and wellness market in North America, which is expected to grow by over 11% this year.  

To learn more about Nutacelle, visit their website.

Posted in Clients, News

Steve Blank: “There’s no substitute for talking to customers

“Lean Startup” pioneer Steve Blank explains why customer development is crucial for a startup and how the process works. Not familiar with Steve read more here!

Click here to view the video.

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“Why it’s a huge mistake to operate your Startup like a Big Company”: Steve Blank

Startup guru Steve Blank explains how to identify the metrics that really matter for your business. Read more about Steve here!

Click here to view the video.

 

Posted in Clients, Conferences, News

Emergence client, Advanced Extraction Systems Inc., develops new modular & portable Extraction Lab

Emergence client, Advanced Extraction Systems Inc. (AESI) has announced that it will be building a state of the art supercritical fluid extraction system to produce high value cannabis extracts for another Emergence client: Canada’s Island Garden Inc. (CIGI).

AESI_Logo_Horizontal_Green_Gray“We are very excited to be introducing our new extraction lab in partnership with Canada’s Island Garden,” David Campbell, Chief Operating Officer of AESI told us.

According to Campbell, through AESI’s work with Canada’s Island Garden, the company has designed a state of the art, modular and self-contained supercritical fluid extraction lab, which is completely portable and takes up a limited footprint, so it can be shipped from Prince Edward Island to anywhere in the world.

The new modular system is expected to be up and running at Canada’s Island Garden in the summer of 2017.

This system is a modular adaptation of AESI’s CO2 extraction systems, which produce contaminant free oil extracts for the global medical marijuana industry. Unlike organic solvent extraction methods, CO2 extraction is clean and green and is quickly becoming the gold standard for residual free cannabis extracts.

CIG-logo-227X160“The demand for oil from licensed cannabis producers is consistently increasing, and it is our goal to adapt and respond to this growing demand,” according to Edwin Jewell, President of CIGI.

“We are thrilled to be entering this market with a company that has a reputation for creating top quality equipment, as it is always our objective to produce an end product that is the most safe and effective for the end consumer. We are confident that we can meet this objective with AESI.”

Advanced Extraction Systems Inc. is the first Canadian company currently designing and manufacturing competitively priced, modular, expandable and automated supercritical fluid CO2 extraction equipment for the medical marijuana industry in Canada, and is currently expanding to US and Latin American markets. AESI’ s manufacturing partner, Diversified Metal Engineering LP, is a full service, CRN, ASME, ISO 9000 certified engineering and fabrication facility with over 25 years’ experience in the manufacturing of complex commercial scale pressure systems.

Canada’s Island Garden Inc. operates within a new and highly regulated system under the terms of the Access to Cannabis for Medicinal Purposes Regulations (ACMPR). As a horticultural business, it also stands on the shoulders of generations of the Jewell family’s farming history and the culture of Prince Edward Island. The new, purpose-built 24,000 sq. ft. facility is divided into four grow rooms, a mother room, and a nursery. CIGI is located in the BioCommons Research Park with 13 surrounding acres available for future expansion. CIGI is currently in the process of finalizing a 100,000 sq. ft. expansion, which will include building on to the existing facility as well as adding substantial greenhouse space in order to keep up with the rapidly increasing demand.

Posted in Clients, News

Emergence client, Chinova Bioworks, selected for Terra: the San Francisco-based Food + Ag Accelerator

Emergence client, Fredericton, New Brunswick-based Chinova Bioworks has been selected into the inaugural cohort for Terra, the San Francisco-based Food + Ag Tech Accelerator. Chinova is the only successful Canadian applicant. Congratulations!

Read more about Chinova here!  See also: Emergence Clients Celebrated at Startup Canada Awards 2016.

chinova_logo_1-2-7-printFounded by Rabobank and RocketSpace, Terra is a first of its kind accelerator program bringing together the industry’s most disruptive startups and progressive corporations to fuel cross-­industry innovation and set a new standard for food and agriculture.

This cohort -­ with global representation from across five countries (Canada, Spain, Thailand, UK, USA) and industry sectors -­ kicks off at RocketSpace’s tech campus in San Francisco.

terra-logo-1Unlike traditional accelerators, Terra’s unique consortium model brings together a diverse group of industry leaders -­ both big and small -­ to explore and experiment with potential partnerships through a dedicated product validation program.

Chinova Bioworks was selected from a competitive applicant pool of hundreds of startups from around the world.

Among other benefits, Chinova will gain brand exposure and be able to validate its product in collaboration with multiple industry corporations.

This non-traditional accelerator model includes pilot testing and is structured to progress beyond a proof of concept to a commercially viable product.

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Natasha Dhayagude, CEO at Chinova Bioworks

“We’re very pleased to have been selected to take part in the Terra accelerator hosted by two world renowned groups; Rocketspace and Rabobank,” Natasha Dhayagude, Chinova’s CEO told us this morning.

“With Terra we will focus on piloting our natural preservative chitosan technology with the help of a major food ingredient producer, an exceptional opportunity to validate our chitosan preservative at a large scale,” Natasha says.

Following the program’s kick off, Chinova Bioworks will begin an eight-­week tailored curriculum led by industry experts, followed by an eight-­week product validation period.

During the program, Chinova Bioworks has the unique opportunity to work from RocketSpace’s tech campus in downtown San Francisco, among its curated community of tech startups which has included 18 “unicorns” valued at $1B or more.

 

 

Posted in Clients, News

SR&ED seminar with Emergence financial Partner, Grant Thornton

In the bioscience and food sectors, a company’s innovative products or services differentiate it, make it profitable, viable and sustainable, and help increase it’s speed to market.

screen-shot-2017-01-23-at-1-21-28-pmOne of the most helpful tools that is available to support companies developing innovative products is the Scientific Research and Experimental Development Tax Incentive Program.

The SR&ED Program is a federal tax incentive program designed to encourage Canadian businesses of all sizes, and in all sectors – but particularly small to medium and start-up firms – to conduct research and development (R&D) in Canada that will lead to new, improved, or technologically advanced products, processes, devices, and materials.

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Grant Thornton’s Greg MacDonald explains the SR&ED Tax Incentive program

However, to be successful when claiming the Scientific Research and Experimental Development (SR&ED) tax credit, the focus must shift from how innovative your product is, to the scientific or technological advancements you needed to make in order to be able to develop it.

To help companies navigate this terrain, Emergence financial partner, Grant Thornton, recently hosted a seminar – and a cheese & wine networking session – at their Charlottetown offices.

At this seminar, Grant Thornton’s Greg MacDonald walked participants through the various SR&ED tax credit program criteria – the very practical ins and outs of identifying SR&ED within your company’s R&D – so that participants can clearly articulate it in their claim.

GT2This seminar formed part of the Emergence Expert Education Program: which is designed to deliver a range of value-adding educational roundtables, workshops and seminars to enhance the business skills of Canada’s bioscience and food entrepreneurs.

The Expert Education Program forms part of our Professional Service Provider Program, which provides support specifically to bio innovators and entrepreneurs.

Through the Professional Service Provider Program, Emergence has partnered with leading providers of professional financial, legal and IP services to support our clients’ growth.

Click here to read more about this initiative, and to check out our incredible Partners!

GTAbout Grant Thornton

Grant Thornton’s advisory and tax professionals are passionate about helping bio companies succeed. The start-up and early growth phases are often the most difficult period and require the owners and managers to educate themselves about many areas of business including accounting and finance. Grant Thornton’s team enjoys educating clients about these topics and helping them comply with stakeholder requirements. Grant Thornton is one of the world’s leading organizations of independent assurance, tax and advisory firms with over 31,000 Grant Thornton people across 100 countries around the world.

Posted in Clients, News, Partner, Services

VetHealth Global™ Announces 2017 Emerging Companies: Five Emergence clients among line-up

VetHealth Global™ – the International Animal Health and Nutrition Business Conference, taking place in PEI June 12 -14, 2017 – has announced the list of emerging companies that will present in the Innovation Spotlight Series. Five Emergence clients are included in the line-up.

VHGThis year’s list includes ventures from Canada, USA, UK, Germany, Ireland, Australia, and Israel. These companies will showcase their innovative animal health and nutrition products and technologies.

The emerging company presentations are part of a program that includes over 35 presenters and panelists, pre-scheduled business partnering meetings, a unique pre-conference workshop on marketing and sales in the digital world, and many networking opportunities.

VHG 2017 emerging company presenters will include:

Every two years, VetHealth Global™ brings together over 200 senior animal health leaders and experts, new and emerging companies, regulators, and investors to discuss current industry trends, challenges and future opportunities within the global animal health industry.

George Heidgerken, Head of the Global Strategic Business Unit Livestock at Boehringer Ingelheim Animal Health and President of Health for Animals will serve as the VHG 2017 Honourary Chair.

Mr. Heidgerken will provide the opening plenary address and will moderate a session with senior leaders from some of the top global animal health companies who will share their perspectives on growing customer and corporate value and responding to industry challenges and opportunities.

For more information about the VetHealth Global 2017 program and to Register, visit: http://www.vethealthglobal.com.

Posted in Conferences, News, Partner