🌏 Speaking of Singapore, Financial & Logistics Hub might be the first things that come up in people’s mind. For VNF, the “Lion City” represents Innovation & International Reach. And as part of our “Go Global” & “Upcycling” strategies (which have unfortunately postponed due to the Covid-19), we are looking into a possibility of OPENING VNF SINGAPORE with our strategic partner – BOUNTIFOOD.
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🤝 #Bountifood, a Singapore-based company, excels in IP research and enhancement, implementation, and commercialization of technologies, and supplies specialized food ingredients. Its vision is to apply advanced innovations in Food Science to work on eradicating hunger and poverty, making agriculture and food production sustainable and safe, and provide resilience in food distribution and supply-chain. Relatively new in this industry, Bountifood is nevertheless founded and backed-up by a team of industry experts and seasoned managers with 20-30+ years of experience in Pharmaceuticals, Supplements, Food Science and Manufacturing, etc., together with many R&D institutions such as Nanyang Technological University, National University of Singapore and Agency for Science, Technology and Research,…
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🤝 Our “marriage” (as we often call it) has been made with the MoU signed on the 7th of April 2022 on STRATEGIC COLLABORATION & JOINT VENTURE TO SUSTAINABLY UPCYCLE SHRIMP PROCESSING SIDESTREAM INTO FOOD & SUPPLEMENT INGREDIENTS AND OTHER VALUE-ADDED, ENVIRONMENT-FRIENDLY PRODUCTS AND APPLICATIONS.
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🎯 Partnership between VNF and Bountifood and the on-going discussion on a Joint venture/VNF branch in Singapore will bring in the innovations to upvalue VNF’s base products (e.g. Bioactive Peptides, Astaxanthin, Chitosan) into novel & advanced bio-ingredients applied in Human Nutrition & Safety, Therapeutics, and beyond.
🎯 According Mr. Barnabas Chan (Bountifood Managing Director), applying biotechnologies, we will together be able to develop an infinite product pipeline from side-stream resources, and become the “prawn unicorn”. This partnership will “scale up the innovation into meaningful outcomes, working towards sustainability goals”, said Professor William Chen (Director of NTU Food Science & Technology Programme, Science Advisor of Bountifood).
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🤗 Once again, we would like to take this opportunity to thank #Barnabas, #Professor William, SL Lim, and #Ken for joining the MoU ceremony and most importantly for believing in this partnership potential. Together, we make the world a better place!
