KIWI FOOD / BEVERAGE ENTREPRENEURS HIT SOUTH EAST ASIA 6 MAY 2017 NEWS SNIPS American food and agribusiness guru Roland Fumasi has been announced as one of the keynote speakers for the Horticulture Conference 2017, to be held in July in Tauranga DLish Hangi has been convicted and fined $30,000 in the Tauranga District Court over a black market paua and kina ring that resulted in more than $20,000 worth of illegal sales over a 13-month period Health Minister Jonathan Coleman and Food Safety Minister David Bennett have welcomed steps to enhance New Zealand’s ability to respond to the growing global issue of antimicrobial resistance Synlait Milk has gained a GRAS (Generally Recognised As Safe) notice from the US Food and Drug Administration to export lactoferrin to the US for use in infant and toddler milk formula. ALGAE ON THE MENU Algatech has been chosen as the sole algae player participating in a £1200 million pan-European initiative FoodConnects consortium, and will work within the knowledge and innovation community to develop new food sources from microalgae. Utilising its state-of-the-art technologies and expertise, the Israel-based company will join 49 other companies, universities and scientific partners covering the entire food value chain to transform the way in which the world produces, distributes and consumes food. Over the next seven years, the partners will invest close to 1200 million euros, matched with up to 400 million euros financed by the EIT. Algatech chief executive Hagai Stadler says unique microalgae ingredients can improve nutrition for human wellbeing, as it contains key benefits for future diets. “With our leading R&D team and cutting edge technology, Algatech is aiming to realise this vision. We totally agree with the open funding pre-competitive investment concept, which will de-risk research via collaboration and leverage both commercial and academic capabilities for a common purpose. We consider it an honour to be invited to such a notable group, and are totally committed to playing our part as we work towards mutual success.” The future of food is high on the European Commission’s agenda, and the consortium will deliver cutting-edge European skills to rebuild a healthy and sustainable food system in Europe and beyond. The “knowledge triangle” of research, education and entrepreneurship will sharpen the global competitiveness of the European economy, EIT spokesman Peter van Bladeren says. “EIT Food is committed to create the future curriculum for students and food professionals as a driving force for innovation and business creation; it will give the food manufacturing sector, which accounts for 44 million jobs in Europe, a unique competitive edge.” Algatech is an expert in developing and producing active ingredients sourced from microalgae, and is a world-leading supplier of AstaPure natural astaxanthin, derived from non-GMO microalgae grown in sustainable, environmentally green, closed-cultivation systems that harness the power of natural sunlight. AstaPure ingredients are extracted using supercritical CO2 technology, which obtains astaxanthin in an oleoresin form with no solvent residues. With full control over the production process, Algatech is able to track every batch of its astaxanthin throughout the supply chain, ensuring full traceability and transparency. N E W S The Kiwi Connection Tech Hub will support 100 Kiwi entrepreneurs, managers and executives in visiting major South East Asian markets in August to increase exports, access investment capital and tap into the talent pool that New Zealand lacks. A partnership between Augen Software Group, New Zealand Trade & Enterprise and Ministry of Foreign Affairs & Trade, the Hub works in collaboration with businesses and industry associations in both countries. Hub director Mitchell Pham says the focus will be on businesses in various tech, food and beverages and retail sectors, visiting Vietnam, Thailand and Myanmar to boost New Zealand exports. “In addition to that trip, at the same time the University of Auckland Business School has 65 management and executive participants in this year’s MBA programme helping 11 Kiwi businesses develop market entry strategies, execution plans and local connections for the Vietnam market,” Pham says. “While Augen and the tech hub focus on assisting tech businesses, technology is not a silo sector but rather a part of the bigger picture that is NZ Inc and the New Zealand story. This is further affirmed by the government’s inclusion of tech sector and digital exports in the recently released NZ Trade Agenda 2030, as ways to both grow and diversify export. It is why our Kiwi tech hub is working with a wide range of collaborating partners and engaging in many initiatives. We are providing a vital bridge for Kiwi tech businesses to speed-up entry and business growth in South East Asia." SIGN UP FOR YOUR FREE DIGITAL SUBSCRIPTION www.foodtechnology.co.nz
FT-May17-eMag
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