Monday
Aug202012

Innovacorp and ACOA announce support for TruLeaf.

Truro-Bible Hill MLA Lenore Zann with TruLeaf's President and CEO, Gregg Curwin.Last Friday, we were thrilled to host the announcement of our partnerships with two incredible organizations, Innovacorp and ACOA, at the Perennia Centre, home of our our microfarm, in Truro.

We are proud to join the ranks of Innovacorp's portfolio companies with its $250,000 investment in TruLeaf. This placement is an exciting development for TruLeaf, but our relationship with Innovacorp is also one of great strategic importance. Now a member of our board, Innovacorp Investment Manager, Thomas Rankin, brings tremendous passion, expertise, and industry savvy, along with the broader network and support of the Innovacorp team.

The event also featured the announcement of a $355,000 loan from the Atlantic Canada Opportunities Agency. Our partnership with ACOA supports our state-of-the-art produce farm in Truro and our next steps toward bringing 100% Canadian-grown leafy greens and herbs to market year-round.

Along with many other partners, Innovacorp and ACOA's support has not only helped catapult a Nova Scotia firm to the forefront of sustainable agriculture, but has created high-value rural jobs for experienced practitioners and young people alike. We are developing unique intellectual property in plant science and new solutions to our pressing food challenges. The fact that we're receiving phone calls from as far as Russia is an exciting sign for our sector--and we couldn't do it without our awesome partners and collaborators.

Photo credit: Mark Goudge.

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