Natural Products Canada Announces 2024 Game Changers Report: Innovative Organizations Driving Innovation in Canada's Bioeconomy

HALIFAX, Nova Scotia--(BUSINESS WIRE)--Natural Products Canada (NPC), the driving force behind bio-based innovation in Canada, is proud to unveil its 2024 Game Changers report, showcasing over 80 innovative organizations nationally, who are helping to anchor Canada’s position in the $4 trillion dollar bioeconomy.

“We're excited to unveil the 2024 Game Changers report, highlighting our support for innovators on the path to position Canada as a key player in the $4 trillion global bioeconomy”

These innovators have developed game-changing solutions to key global issues such as better nutrition or more sustainable plastics, and have benefited from NPC’s powerful combination of advice, connections and smart capital. With NPC’s support, they have achieved incredible results including generating $282 million in revenue and over 400 new jobs, while attracting $479 million in additional capital. The report also features eight new start-ups to NPC’s capital recipient roster, including Enhanced Medical Nutrition, HighPoint Agro Bedding, Lux Bio, MHCombiotic, Papillex, Plantae Environmental Inc., Skaldyr and Terra Bioindustries. These newcomers bring fresh innovation to critical areas such as agriculture, manufacturing and cleantech and join a prestigious group of companies that NPC has supported with smart capital, fostering growth and innovation in various sectors.

"We're excited to unveil the 2024 Game Changers report, highlighting our support for innovators on the path to position Canada as a key player in the $4 trillion global bioeconomy," said Shelley King, CEO at Natural Products Canada. "The need for sustainable, natural solutions to drive economic prosperity has never been more critical and Canada is uniquely poised to play a powerful role both domestically and internationally."

The companies and academic researchers profiled in the report are making substantial impacts across key industries, including agriculture, fisheries, forestry, mining, automotive, aviation and construction, and more. Additionally, their cutting-edge products and technologies are also making it easier for Canadian consumers to make healthy and sustainable choices, aligning with the growing demand for eco-friendly solutions.

“With the challenges related to climate change intensifying, our government is investing in green solutions to tackle today’s challenges, while also ensuring that Canada remains at the forefront of the global green economy. That is why we are pleased to support Natural Products Canada, which is catalyzing the next-generation of Canadian green industry leaders through its tailored support to start-ups, which will further cement Canada’s position at the cutting-edge of one of the world’s fastest growing economic sectors.”
- The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry

As a catalyst for this innovation, NPC acts like a strategic angel investor, providing in-depth advice and a suite of commercialization programs to develop and de-risk Canadian early-stage companies and research institutes; provides connections and innovation scouting services to corporations and investors; and leverages an investment fund (Nàdarra Ventures) to bolster the full growth potential of promising Canadian opportunities.

The full list of Game Changers recipients and more information about their innovative work can be found at https://canadiangamechangers.ca/.

About Natural Products Canada (NPC)

Natural Products Canada (NPC) believes that Canadian innovation can solve some of the planet’s biggest issues such as global warming and food insecurity, making it a key player in the $4-trillion global bioeconomy. With a strong and engaged network of 4000+, and a track record of helping its members attract $53 for every dollar it distributes, NPC has become a trusted voice in Canada’s innovation and investment ecosystem. From healthier nutrition to sustainable construction and manufacturing materials, NPC is focused on natural and bio-based innovations - better for people, animals and the planet – that can be applied to nearly every industry. NPC has received financial support from the Government of Canada’s Strategic Innovation Fund, (Innovation, Science and Economic Development), and the Networks of Centres of Excellence.

Kim Cumpson
Kim@northguide.ca