Al Barbarino
Ultimately, the firm plans to help address the 20 billion pounds of produce that goes to waste each year due to surplus or cosmetic reasons.
Government-backed programs provide a safety net for private investment into developing nations, which will be crucial in addressing global hunger and driving returns as the asset class evolves.
Agri investments mix the old and the new, offering safety through farmland investments on one hand while fulfilling ESG and IRR requirements through the latest agribusinesses
The bill would have used a 65 percent tax credit to attract private capital contributions to a rural business investment fund (RBIF) investing into job-creating agriculture and rural businesses.
The acquisition helps Premium Brands break into markets in Eastern Canada, the region Interprovincial Meats caters to.
Headquartered in Malton, North Yorkshire, the firm employs about 3,100 people across the UK, with divisions in England, Scotland, Northern Ireland and Ireland.
The funds will help fund a new US headquarters, boost production at Inocucor's Montreal pilot production and R&D facility, and increase staff.
As of press time, 54 of 68 respondents, or 79 percent, said their agri investments would increase in 2017, while 10 said they anticipate a decrease and just four said they would remain the same.
Lewis & Clark Ventures and Prelude Ventures co-led the funding round.
Canadian prime Minister Justin Trudeau was in attendance at the inauguration of the Anjou greenhouse, as the investment was made possible in part due to the reinstatement of a federal tax credit supporting VC funding.