Coronavirus has hit small to medium-sized enterprises (SMEs) in the food industry harder than any other sector, bar hospitality and leisure, according to research commissioned by specialist bank Aldermore.
Food and drink start-ups are being encouraged to apply for a chance to win up to €500k (£429k) and a place on a six-month bespoke accelerator programme.
Ingredients provenance is playing an increasingly significant role in consumers’ sweets and snacks purchasing decisions, according to the latest trends’ analysis from Innova.
Food and drink manufacturers are being encouraged to take advantage of a £20,000 grant and specialist advice as part of a new government-funded programme from the University of Lincoln.
Start-up Bay’s Kitchen has secured a substantial six-figure investment from the founder of Tangerine Confectionery to develop its range of foods aimed at people with irritable bowel syndrome (IBS).
An Exeter company that has developed a biscuit to help prevent and relieve the effects of travel and morning sickness has secured a five-figure funding package from HSBC UK.
Natural sparkling water manufacturer Ugly Drinks has completed a round of multi-million pound financing to boost global expansion of the brand, including further UK growth.
Small and medium-sized (SME) food and drink businesses in Wales and Northern Ireland are set to benefit from a €1.2m (£1.09m) European project aimed at broadening their knowledge and capacity to supply the growing demand for innovative healthy food.
Finding the perfect small business to build into a nationwide brand has proved to be a massive success, as the owners of The Tofoo Company explain in this exclusive podcast interview.
Mak Tok founder William Chew talks to Food Manufacture about his appearance on last week’s episode of the hit BBC show Dragons’ Den, and what drove him to pitch for investment in his chilli paste company.
