The BCIP helps bridge the gap between inventor and commercial sales by awarding contracts to entrepreneurs through open, transparent, competitive and fair procurement processes, tests and provides feedback about the products and provides innovators with a chance to enter the marketplace.
“Many smaller Canadian companies that have developed new and innovative products and technologies struggle to find buyers due to the higher risks associated with untested products,” Landry Kayembe, an analyst with the Office of Small and Medium Enterprises, said in an email to Farms.com. “BCIP helps companies improve their goods and services, and prepares them to move towards commercialization.”
There are a variety of technologies that could receive government assistance, including agrifood nanotechnology, products that support the provision of information on food and food supply, and technologies that contribute to the capture, avoidance and monitoring of greenhouse gases.
More information can be found by visiting the BCIP website.