EN FR

Supporting the growth of Canada's food and ingredient sector through increased access to capital

CAPACITY BUILDING PRIORITY

Access to Capital

PROJECT TIMELINE
August 2021 to March 2023
PROJECT STATUS
Fund I: Complete
TOTAL INVESTMENT
$1,927,048

Consortia Contribution
$399,340

Cluster Contribution
$1,527,708

PARTNERS

Bellwoods Partners

Champlain Advisory Limited

Goal

To raise and establish a $200 million all-Canadian equity capital fund, targeted at small and medium-sized enterprises in the Canadian plant-based food, feed and ingredient sector.

Project Summary

Bellwoods Partners, and their consortium member Champlin Adivory will raise and establish a $200 million all-Canadian equity capital fund, targeted at small and medium-sized enterprises in the Canadian plant-based food, feed and ingredient sector.

Currently, prospective processors across Canada are unable to access the equity capital they require to begin the construction of production facilities. These SMEs need a near-term solution to address the market shortcomings and pursue a valuable, but transient, opportunity for Canadian agriculture. Without which, the value-add elements of the pea protein value chain are likely to accrue to enterprises outside of Canada.

To accomplish their goal of establishing a $200 million fund, the project will extensively involve capital providers and plant protein processors within Canada, leverage a generational market opportunity to educate investors, and identify pockets of investor capital well positioned to fund processing capacity.

Results and Impact

  • Investors across Canada learned about the investment opportunity in Canada's agrifood sector, making this opportunity a top agenda item among national crown corporations, such as BDC, FCC, EDC.
  • Processors learned how to speak to investors and what concerns investors
  • Long-term strategic partnership developed between Bellwoods and Champlin with Indigenous consortium: Saskatchewan Indian Institute of Technologies and Whitecap Dakota First Nation