Centre to develop new food and bioscience products

Halifax, NS – A new Atlantic Bioresources TechnoVenture Centre is being opened to develop value-added and non-traditional food and bioscience products. To be led by CEO Richard Ablett, the centre was announced last week by Nova Scotia Agriculture and Fisheries Minister Chris d’Entremont.

“The TechnoVenture Centre provides an opportunity to pursue a series of new bioresource developments,” says Dr Ablett. “Our intent is to gain a foothold in world markets for new, natural products that meet modern consumer needs. The Atlantic region has many under-utilized agriculture and fisheries’ resources that can be directed towards this market.”

The Department of Agriculture and Fisheries, the Nova Scotia Agriculture College (NSAC), the Office of Economic Development and InNOVAcorp have partnered to stimulate new and innovative economic growth areas. The centre will receive $250,000 per year for three years.

Located at the AgriTech Park in Bible Hill, the centre will be part of the Nova Scotia Agricultural College campus.

Dr Ablett was most recently director of bioscience development with TechPEI in Prince Edward Island.