Grants and Contributions:
Title:
Emissions Reduction and Facility Expansion at Bartek Ingredients.
Agreement Number:
819574
Agreement Value:
$27,000,000.00
Agreement Date:
Jul 15, 2024 - Jan 1, 2044
Description:
This project consists of investing in a new world-class food ingredient manufacturing facility. The project will eliminate the largest single source of greenhouse gas emissions (GHGe) within Bartek's existing manufacturing processes, reducing carbon and water footprint, enabling 81% reduction in GHGe.
Organization:
Innovation, Science and Economic Development Canada
Expected Results:
This investment will allow Bartek to have a significant competitive advantage, nearly doubling their annual output capacity by creating a first-of-its kind process innovation through the adoption of a new technology and reducing its carbon footprint.
Location:
Stoney Creek, Ontario, CA L8E3J4
Reference Number:
033-2024-2025-Q2-819574
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
131602914
Recipient Type:
For-profit organization
Additional Information:
This is a fully repayable contribution.
Recipient's Operating Name:
Bartek Ingredients Inc.
Recipient's Legal Name:
Bartek Ingredients Inc.
Federal Riding Name:
Hamilton East--Stoney Creek
Federal Riding Number:
35036
Program:
SIF Stream2- Growth
Program Purpose:
-Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services;-Facilitate the growth and expansion of firms in Canada;-Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.
NAICS Code:
311990