Contribution: SIF Stream 2 - Growth
Bartek Ingredients Inc.
$27,000,000.00
819574
FY 2024-25 · 2024-07-15
Summary
This project consists of investing in a new world-class food ingredient manufacturing facility. The project will eliminate the largest single source of greenhouse gas emissions (GHGe) within Bartek's existing manufacturing processes, reducing carbon and water footprint, enabling 81% reduction in GHGe.
Program
SIF Stream 2 - Growth
Recipient
Location
Stoney Creek, Ontario, Canada
Recipient Type
For-profit organization
Business Number
131602914
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions
Amendments
Each version of the agreement as published, oldest first, with its total as of that version. The amount above is the latest.
| Amendment | Date | Fiscal Year | Total |
|---|---|---|---|
| 0 | 2024-07-15 | 2024-25 | $27,000,000.00 |
| 1 | 2024-07-15 | 2024-25 | $27,000,000.00 |
As published
Additional Information
Please note this update includes a change to improve standardization of reporting across projects. The end date was updated from the end of the work phase of the project (31/12/2027) to the current end date of the contract (01/01/2047). This is not an extension. The end date now reflects the entirety of the agreement duration, including the benefit phase and residual audit period.
Additional Information (French)
Veuillez noter que cette mise à jour comprend une modification visant à améliorer la normalisation des rapports entre les projets. La date de fin a été mise à jour, passant de la fin de la phase de travail du projet (31/12/2027) à la date de fin actuelle du contrat (01/01/2047). Ce n'est pas une extension. La date de fin reflète désormais la totalité de la durée de l’accord, y compris la phase des avantages et la période d’audit résiduelle.
Agreement End Date
2047-01-01
Agreement Number
819574
Agreement Start Date
2024-07-15
Agreement Title
819574
Agreement Title (French)
819574
Agreement Type
Contribution
Agreement Value
$27,000,000.00
Amendment Date
2026-03-31
Amendment Number
1
Description
This project consists of investing in a new world-class food ingredient manufacturing facility. The project will eliminate the largest single source of greenhouse gas emissions (GHGe) within Bartek's existing manufacturing processes, reducing carbon and water footprint, enabling 81% reduction in GHGe.
Description (French)
Ce projet consiste à investir dans une nouvelle usine de fabrication d'ingrédients alimentaires de classe mondiale. Le projet permettra d’éliminer la principale source d’émissions de gaz à effet de serre (GES) dans les processus de fabrication existants de Bartek, réduisant ainsi l'empreinte carbone et l'empreinte hydrique, et permettant une réduction de 81 % des émissions de GES.
Expected Results
This investment will allow Bartek to have a significant competitive advantage, nearly doubling their annual output capacity by creating a first-of-its kind process innovation through the adoption of a new technology and reducing its carbon footprint.
Expected Results (French)
Cet investissement permettra à Bartek d'obtenir un avantage concurrentiel considérable, en doublant presque sa capacité de production annuelle grâce à l'innovation d'un processus unique, rendue possible par l'adoption d'une nouvelle technologie et la réduction de son empreinte carbone.
Federal Riding
Hamilton East--Stoney Creek
Federal Riding (French)
Hamilton-Est--Stoney Creek
Federal Riding Number
35036
NAICS Code
311990
Organization Code
ic
Organization
Innovation, Science and Economic Development Canada | Innovation, Sciences et Développement économique Canada
Program Name
SIF Stream 2 - Growth
Program Name (French)
FSI Volet 2 - Croissance
Program Purpose
Encourage R&D that will accelerate technology transfer and commercialization of innovative products, processes and services; Facilitate the growth and expansion of firms in Canada; Attract and retain large scale investments to Canada; and-Advance industrial research, development and technology demonstration through collaboration between academia, non-profit organizations and the private sector.
Program Purpose (French)
Favoriser les activités de R-D qui accéléreront le transfert de la technologie et la commercialisation de produits, de processus et de services novateurs ; faciliter la croissance et l'expansion des entreprises au Canada ; attirer et conserver des investissements de grande envergure au Canada ; et-faire progresser la recherche industrielle, le développement et la démonstration de technologies grâce à la collaboration entre les universitaires, les organisations à but non lucratif et le secteur privé.
Recipient Business Number
131602914
Recipient City
Stoney Creek
Recipient Country
CA
Recipient Legal Name
Bartek Ingredients Inc.
Recipient Operating Name
Bartek Ingredients Inc.
Recipient Postal Code
L8E3J4
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
033-2024-2025-Q2-819574