The two grand prize winners of the Business Models Streams for the Food Waste Reduction Challenge are LOOP Mission and Still Good. Federal ag minister Lawrence MacAulay announced the winners on March 20, noting that from farm to plate, through production, processing, distribution, retail, food service and at home, more than half of Canada’s annual food supply is reportedly wasted or lost.
The Challenge, launched in November 2020, supports high-impact solutions to food waste in Canada. The Business Models Streams focus on business model solutions that can prevent or divert food waste at any point in the food chain, from farm to plate.
LOOP Mission is a Montreal-based circular economy company that creates products from food that would otherwise go to waste, such as cold-pressed juice. The company leveraged its expertise to create LOOP Synergies—a line of ingredients made from rejected food, that would otherwise be wasted, that food processors can easily integrate into diverse food products.
Click here to see more...