BioEnterprise Corp., an ag-tech business accelerator, has issued the following press release:

Bioenterprise Corporation Expands into the Maritimes

Bioenterprise opens a new office in the Maritimes in collaboration with Prince Edward Island ADAPT Council.

Guelph, ON (April 16, 2015) - Bioenterprise Corporation is pleased to announce that it will be opening its newest office in Charlottetown, PEI. Bioenterprise has established a 3-year strategic partnership with the Prince Edward Island ADAPT Council for the commercialization of agricultural technologies and innovations.

"We are looking forward to working with PEI ADAPT. They have been at the heart of agri-innovation in the Maritimes for more than a decade," explains Dave Smardon, President & CEO of Bioenterprise Corporation. "Their knowledge and network throughout the east coast as well as their commitment to advancing agri-businesses is invaluable to Bioenterprise and our new office in the Maritimes," he says.

"PEI ADAPT is excited to pair our regional expertise with Bioenterprise's business savvy and agri-tech industry knowledge. Together we will be committed to the growth and market success of start-ups in PEI and the Maritimes. We are truly going to be a hub for innovation in agriculture," says Phil Ferraro, CEO of Prince Edward Island ADAPT Council.

The collaboration between Bioenterprise and PEI ADAPT will ensure that agri-entrepreneurs and businesses have access to the highest quality and range of commercialization services. With complementary mandates, the organizations will be dedicated to helping new companies launch their businesses or take existing companies to a new level.

"Ultimately, our goal is continue to take Canadian innovation to the global market and drive economic returns to the region and Canada," says Dave Smardon.

Bioenterprise Corporation's national expansion is supported by the Canadian Accelerator and Incubator Program (CAIP) delivered by the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). The funding announcement was made in Guelph earlier this year by the Honourable Diane Finley, Minister of Public Works and Government Services.

About Bioenterprise Corporation

Bioenterprise Corporation is a business accelerator offering commercialization services to help promote the creation, growth and expansion of businesses in the agricultural technology sector. Dedicated to transforming cutting-edge ideas into commercial success, Bioenterprise provides business services, scientific and technical expertise, industry knowledge and global connections. http://www.bioenterprise.ca

About Prince Edward Island ADAPT Council

The PEI ADAPT Council works collaboratively with the Island's agri-entrepreneurs to foster rural economic development by expanding the sustainable production, manufacturing and distribution of Island agricultural products. By investing in the commercialization of new agricultural products and business expansion opportunities, ADAPT provides a broader role than the traditional early-stage business support model.

http://www.peiadapt.com