Information about COVID-19 at Pacific Institution

Backgrounder: Government of Canada invests $9.4 million to drive innovation and economic growth in Surrey

October 25, 2024 at 12:27 pm  Federal, Politics

Today, the Honourable Harjit S. Sajjan, Minister of Emergency Preparedness and Minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan), announced $9.4 million in PacifiCan funding to help three Surrey-based businesses grow locally and compete globally.

The projects announced today are:

Business Scale-Up and Productivity Program

Dr. Ma’s Laboratories

$3,166,000

Funding will enable Dr. Ma’s Laboratories, a natural health product manufacturer, to scale up its operations by installing new automated equipment and hiring more staff. Dr. Ma’s provides natural health brands with the production space and in-house resources required to create their unique vitamins and supplements. From product research to manufacturing capabilities to packaging, Dr. Ma’s provides brands with end-to-end production services. PacifiCan’s investment will allow the company to grow local production and meet global demand for natural health goods.

Nanak Foods Inc.

$5,000,000

Funding will allow Nanak Foods Inc. to increase production of its paneer cheese product by expanding its operations with new equipment. The company is North America’s largest and leading manufacturer of specialty dairy-based, South Asian-inspired foods. Nanak’s paneer cheese product incorporates whole milk from B.C. cows, benefiting local dairy farmers. PacifiCan’s investment will help Nanak scale-up locally, create jobs and accelerate global sales of its signature product. 

Jobs and Growth Fund

LED Smart

$1,275,000

Funding will help LED Smart continue to innovate in the design of its horticulture lighting system, Grow3, and increase production to meet growing global demand. This energy-efficient technology replicates sunlight to produce high-quality crops in greenhouses and vertical farms. PacifiCan’s investment will allow LED Smart to enhance its software, adapt Grow3 for mass production and create high quality jobs in British Columbia.

Related products

View the full article from the original source

No conversations yet

Activity Stream

Sat, Nov 2, 2024 at 9:00 am - Doug Smith posted on their blog: Across Greenstone Mountain – KamloopsTrails
Thu, Oct 31, 2024 at 8:00 am - David Suzuki posted on their blog: Nature-directed stewardship is good for cities and living things
Tue, Oct 29, 2024 at 3:32 pm - Darryl Schmidt posted on their blog: Is the BC NDP Ignoring the Interior?
Tue, Oct 29, 2024 at 9:00 am - Doug Smith posted on their blog: Lower Rose Trails – KamloopsTrails
Fri, Oct 25, 2024 at 12:36 pm - Darryl Schmidt posted on their blog: Is Privatization the Best Path Forward?
Fri, Oct 25, 2024 at 9:00 am - Doug Smith posted on their blog: A Hidden Homesteads Hike – KamloopsTrails
Thu, Oct 24, 2024 at 8:00 am - David Suzuki posted on their blog: War and climate change fuel a survival-threatening cycle
Mon, Oct 21, 2024 at 9:00 am - Doug Smith posted on their blog: Zoa Peak Hike – KamloopsTrails
Thu, Oct 17, 2024 at 9:00 am - Doug Smith posted on their blog: Sugarloaf (Lundbom) Hike – KamloopsTrails
Thu, Oct 17, 2024 at 8:00 am - David Suzuki posted on their blog: Politicians pour fuel on an overheating planet
Full Stream