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Natural Products Canada - NPC

$14 million for 2016-22
About   |   News

Charlottetown, Prince Edward Island

Shelley R. King Shelley R. King

Board chair
Robert Orr Robert Orr

Fostering a home-grown advantage for the natural products industry

The opportunity

Natural products research has shown a wealth of applications in human and animal health, as well as in providing green alternatives to agricultural products and industrial chemicals. Consumers are increasingly demanding products derived from natural sources based on their health and environmental benefits. Canada’s natural products sector is stepping up to claim a larger piece of the global market. Building and maintaining a role for Canadian innovators and producers requires visionary leadership, good strategy and a flexible approach to align a diverse group of private and public sector organizations.

How NPC is seizing the opportunity

Natural Products Canada (NPC) is establishing Canada as a global leader in research, development and commercialization of natural products, focusing on nutraceuticals and cosmeceuticals; functional foods and food ingredients; agricultural products, animal feed ingredients and veterinary care products; and green replacements for chemically derived products. The nationwide network of nodes brings together BioAlberta, Ag-WestBio Inc., the University of Guelph, the Institute of Nutrition and Functional Foods (Université Laval)  and the PEI BioAlliance . Drawing on a pipeline of companies, research organizations and universities, NPC evaluates, guides and invests in products and technologies to accelerate their commercialization.

Among the results

  • Just 30 months into its mandate, NPC has invested in five promising Canadian companies, helping them achieve new business results and attract other national and international investors. To date, every $1 invested by NPC has attracted over $7 in additional investment from partners. And one investee company was acquired for $20 million USD.

  • Through formal partnerships, events and international initiatives, NPC has helped raise the profile of the Canadian natural products ecosystem among investors, multinational corporations and global industry clusters. For example, Nature’s Way, an international leader in nutrition and wellness products, has entered into a partnership with NPC to invest in early-stage Canadian companies and help them access global markets.

  • NPC works with over 600 collaborators, including industry leaders, investors, research institutions and commercialization experts. Together they help small and medium companies accelerate their go-to-market strategies, secure new business, form strategic relationships, and become investment-ready. In preliminary survey results, 51 per cent of NPC’s clients have introduced a new product to market and 37 per cent have received public funding since engaging with NPC.

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