Clever Fruit Products (“Clever Fruit”) has signed a service agreement with Bio Enterprise and joined the Bio Enterprise society for its future business and strategy development. Bio Enterprise, based at the University of Guelph, is a Canadian National virtual incubator for the Agri-Tech and Biotech industry.
Bio Enterprise works with Clever Fruit with its Strategic Partner Identification Program. Bio Enterprise willprovide customized business advisory services, industry and technical expertise, and strategic connectivity to help Clever Fruit to advance its innovative agri-business. Sean Sears, Chairman of Clever Fruit Products, believes the collaboration will help Clever Fruit to build an efficient supply chain from strategy partners to target consumers.
“The service Bio Enterprise delivers will be a perfect match for Clever Fruit” Mr. Sears said. “We are still early-stage and Bio Enterprise has already introduced us to several important leaders to help us validate our discovery and chart a path forward.”
About National Virtual Incubator Bio Enterprise:
Bio Enterprise is an award-winning, national, non-profit commercialization incubator, supporting the growth of Canada’s agri-tech industries.Bio Enterprise works with companies at all stages, to commercialize agriculture, agri-food and agri-product innovations.
About Clever Fruit Products:
Clever Fruit Products (“Clever Fruit”) is a functional food ingredients manufacturer targeting improved health outcomes. Clever Fruit’s technology is a unique approach to fermentation that draws out the full nutrient profile of the underlying fruit while creating new compounds. While Clever Fruit’s proprietary process can work with any fruit, its focus is on wild blueberry, apple, and cranberry. Its initial product is based on the wild blueberry and early trials suggest a potential to reduce cholesterol by 40% and reduce LDL oxidation, lowering the possibility of plaque formation in the arteries.
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