Fredericton-based Chinova Bioworks and Nova Scotia/Ontario-based ALT-PRO Advantage are among seven early-stage companies to receive a total of $1.7 million from Natural Products Canada.

The funding is intended to help the companies address key challenges in their go-to-market journey, the group said.

“NPC’s contribution to these companies is an investment in a stronger Canada,” said Shelley King, CEO of Natural Products Canada. “The work we do to develop and de-risk these opportunities ensures Canada can meet the demand for innovative, bio-based solutions that address global challenges such as climate change, food security, and chronic health issues.”

The two regional companies are:

ALT-PRO Advantage

Project Budget: $188,600

NPC Contribution: $75,000

ALT-PRO Advantage is creating pet food with alternative proteins and allergen-free formulas. Their proprietary microalgae ingredient is a natural, sustainable source of essential nutrients, reducing reliance on synthetic additives while enhancing pet health and environmental sustainability.

Chinova Bioworks

Project Budget: $1,046,106

NPC Contribution: $350,000

Chinova has developed a natural antimicrobial ingredient from cranberries to help extend the shelf life of food and beverages. The capital will support activities to scale the product to attain regulatory approvals and distribute commercial samples to prospective customers.

The other recipients are: BioSun Products; Black & Blue Foods; Henri Nutrition; Magna Engineering; and Tersa Earth Innovations.

NPC has now contributed a total to $10.6 million to 88 bio-based and natural products ventures, the group said.