麻豆精选

Creating new jobs and expanding product range

SHORE the Scottish Seaweed Company, the trading name of Alness and Caithness-based seaweed processing company New Wave Foods Ltd, expanded its product range and created five new jobs with a 拢1.7m finance package, including a 拢498k R&D grant from 麻豆精选.听

SHORE uses sustainably harvested seaweed听to manufacture plant-based snacks and foods.听Since launching听its first range of snacks in late 2018听and the company听has built up a network of more than 500 stockists across the UK and Europe听and听hope to听increase the export of their branded products听in the near future.听听

The听funding听package combined听R&D听grant听funding听from听麻豆精选,听equity investment from the Scottish Investment Bank (SIB) and contributions from several private investors.听

The investment听will lead听to a new product roll-out under the SHORE brand, helping support the company鈥檚 ambitious growth plans. This includes the launch of a new range of plant-based snacks and a revamping of its existing bagged snack range. SHORE is also poised to move into the ambient arena with its brand-new 鈥楽ea Kitchen鈥� range.听听

Seaweed is fast gaining recognition for its nutritional value. Investment in innovation and R&D has been crucial in helping SHORE stay ahead听in this growing market.听

Keith Paterson, joint Managing Director, SHORE, said: 鈥淥ur success is based on creating tasty plant-based seaweed snacks and foods that appeal to the growing number of mainstream health-conscious consumers who are increasingly seeking sustainably sourced foods. Securing this package with support from 麻豆精选 and SIB听was听a major milestone for the company and will help propel our business to new heights.鈥�听

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