Success Stories

Tuesday, 01 May 2018 13:54

NOD Apiary Products

The company required capital to assist in the European launch of the MAQS product, United Kingdom as first stage entry then multi stage launch into the rest of the European Union.

 

 

NOD

NOD Apiary Inc.

WHO A Pesticide and Agri-Chemical manufacturing and distribution company
HOME BASE Frankford, Ontario
FUNDING RECEIVED $500,000
JOBS MAINTAINED 15 FTE
JOBS CREATED 20 FTE

PROJECT

A Pesticide and Agri-Chemical manufacturing and distribution company. The focus of the company is to bring sustainable, varroa control products to the Beekeeping Industry. Their flagship product, Mite Away Quick Strips (MAQS) controls the varroa destructor using formic acid as an active ingredient.

PROJECT SUMMARY

The company required capital to assist in the European launch of the MAQS product, United Kingdom as first stage entry then multi stage launch into the rest of the European Union.

TESTIMONIAL

“The support NOD Apiary Products received through the SOFII program allowed our company to immediately expand our capacity to serve additional off-shore markets with our honey bee protection products. We now have market access to 17 countries in Europe and New Zealand, as well as in Canada and the US. Several new permanent positions have been created here in Quinte West as a result, and more will come as we continue to expand.”