In an announcement on May 30, presented by the Honourable Harjit S. Sajjan, minister of international development and minister responsible for the Pacific Economic Development Agency of Canada (PacifiCan), FPS Food Process Solutions (“FPS”), will receive $2M in funding to further expand commercialization of the Spiral Immersion System (SIS), a technology in the food processing industry.
The funding, provided through the Business Scale-up and Productivity (BSP) program, recognizes high-growth businesses in British Columbia in specific industry sectors such as advanced manufacturing with financial assistance in the form of an interest-free loan and extended repayment program.