Canada Economic Development

Canada Economic Development

October 08, 2010 10:00 ET

FruitSymbiose Inc. Receives $120,000 in Funding From Government of Canada to Pursue Growth

LÉVIS, QUEBEC--(Marketwire - Oct. 8, 2010) - Acting on behalf of the Honourable Denis Lebel, Minister of State for Canada Economic Development, Steven Blaney, Member of Parliament for Lévis–Bellechasse, today announced the awarding of $120,000 in repayable funding to the firm FruitSymbiose Inc. This financial assistance from the Government of Canada will allow the startup to acquire specialized equipment in order to begin the large-scale manufacture of food products using a patent-pending technological innovation.

This startup began operating in February 2009 out of premises in the Ag-Bio Centre and has benefited from the services provided by this incubator. Indeed, FruitSymbiose has developed an edible plant-based coating known as Pürbloom®, which is applied to fresh fruit to help naturally extend its shelf life. In August, the company launched Fruitti&Confetti®, its first fruit-based product line developed with the use of this innovation.

"Canada Economic Development felt it important to support this FruitSymbiose project, particularly in that this investment is being made in the agri-food sector, a priority area for the Chaudière-Appalaches economy," stated Mr. Blaney.

This financial contribution from Canada Economic Development has been awarded through the Business and Regional Growth program, an initiative established to assist enterprises in their efforts to improve their performance and become more competitive and innovative within a perspective of sustainable growth. 

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