Canada & Ontario invest $900K to improve meat processing

The federal government and the government of Ontario are together investing $900,000 through the Canadian Agricultural Partnership to launch an innovative tool to connect meat and poultry farmers with abattoirs that have available meat processing capacity and to support recruitment, retention and training initiatives in the industry. The new Farmer-Processor Connections Initiative, led by Meat and […]

Government offering $6M funding for Ontario food processors

The respective governments of Canada and Ontario are investing up to $6 million in projects to help Ontario food processors improve their operations, increase their competitive edge and adapt to challenges as we move beyond the pandemic. Applications for this program, available to Ontario food processors and Ontario beverage processors, will be accepted in two […]

Restaurant & Bar Support Fund officially launches in Ontario

The Fund aims to raise $5 million to help a minimum of 1,000 food and beverage establishments across the province in 2021 The Ontario Restaurant and Bar Support Fund has officially launched with the aim of offering financial support to the province’s struggling foodservice operations. The Fund is a registered not-for-profit organization intent on saving […]

TouchBistro raises $72 million, led by OMERS Ventures and JPMorgan Chase & Co.

Press Release TouchBistro today announced that it has raised $72 million in Series D financing. The round was led by OMERS Ventures and JPMorgan Chase, with participation from existing investors, including Napier Park Financial Partners, Recruit Holdings Co, Ltd, BDC IT Venture Fund, and Relay Ventures. The new funds will be used to support development […]

7shifts secures US$3.5 million in funding to advance scheduling and communication for restaurants

Press release Tandem Capital and Relay Ventures lead the investment in 7shifts, which tripled revenue in 12 months, and in six months doubled the monthly shifts scheduled to two million 7shifts, which is working to transform scheduling, communication, and labor-cost control for more than one million restaurants in North America, has announced that it has secured US$3.5 […]