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Objectives

Strategic goals for 2008-2013
Green Yeast will begin its activities in Canada, and afterwards plants will be built in the US and in Europe for reasons of proximity to key raw materials. Indeed, these two regions are leaders in terms of whey and lactose production. The company will also seek strategic partners who rely on established distribution networks, strong sales forces and marketing know-how in order to efficiently commercialize its functional ingredients. Lastly, technological improvements are planned to further strengthen the quality and scope of services to potential clients and collaborators.

Immediate (0-6 months)
– US$ 600 000 financing in the form of convertible debentures:
• Scaling up of plant for treating 2 300 000L/yr whey permeate or lactose motherliquor, generating 75 MT/yr of lactic yeast in dry inactive form for pre-commercialization in animal health & nutrition.

Short term (6-24 months)
– US$ 4 700 000 financing :
• Initial full scale plant, treatment capacity 46 000 000L/yr agrifood by-products, generating the equivalent of 1500 MT of dried lactic yeast (inactive, live, autolyzates, cell wall extracts).
• Strategic partnering with industry to strengthen marketing and distribution network.

Mid-term (24-60 months)
– US$ 3 500 000 financing (year 3) and US$ 3 500 000 (year 4):
• Commissioning 2 new plants, in order to reach total annual production of 3500 MT inactive dry yeast. Startup of pilot plant to treat expired soft drinks and beer returns.

Long term (60 months +)
• Production of strategic novel ingredients for the flavorings and fragrances industry.