Imagine a world...
where local businesses transform waste into revenue.
In Canada, 58% of the food we produce is wasted—and 86% of that waste occurs during food processing, production, manufacturing, retail and distribution.
To resolve some of these environmentally-destructive inefficiencies—and make sure more food is making it to Canadians’ plates—Innovation North is collaborating with Circular Opportunity Innovation Launchpad (COIL) and Ivey’s Building Sustainable Value Centre to create solutions that will allow small and medium enterprises (SMEs) in meat, dairy and produce to turn their food waste into new products, collaborations and value streams.
At start of 2023, a cohort of 19 participants across Southwestern Ontario embarked on transformative circular journies through the Circular Leadership Program. Innovation North’s Compass facilitated the exploration of each company’s purpose (or North Star), the identification of problem statements, and the mapping of their position within the broader system. Additionally, participants gained valuable insights into their company’s interactions with stakeholders, unravelling the complex web of connections that shapes their business model.