Business jumping for cricket food company

Business jumping for cricket food company

February 11, 2016

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[QIC logo]
Queen's Innovation Connector

A company created at Queen鈥檚 University last summer is one step closer to launching its line of cricket-infused food products.

Gryllies recently won UPstart, a pitch competition held in Toronto by Queen鈥檚 Venture Network in Smith School of Business. The victory comes four months after the company was judged the most promising venture to emerge from the 2015 Queen鈥檚 Innovation Connector Summer Initiative (QICSI).

Natasha Baziuk (Sc鈥15), president and co-founder of Gryllies, says the team felt excited and fortunate to win the pitch competition, especially given the company鈥檚 infancy.

鈥淲inning this recent pitch competition helped us realize that our vision 鈥 creating future-friendly protein that is good for you and the planet 鈥 continues to resonate with others,鈥 she says. 鈥淭hat validation motivates us to keep working hard to get our product to market so that we can start making an impact on global food security.鈥

[Gryllies president and directors]
Gryllies director Esther Jiang, president Natasha Baziuk and director Adam Beaudoin (left to right) give their presentation during the UPstart pitch competition hosted by Queen's Venture Network. The panel of judges, which included David Wizinsky, Paul Jackson (Com'00), Peter Carrescia, and Marcus Daniels (AMBA'05), awarded Gryllies the top prize. (Photo by David Wile)

During QICSI, the team of students identified the need for more sustainable and environmentally friendly sources of protein. They decided to create a dry mix composed of cricket flour, spices and other protein-rich ingredients that can be used to replace meat in recipes. Less water, feed and land are required to produce the same amount of edible cricket product, compared with traditional meats such as beef, pork and poultry.

Gryllies relocated to Innovation Park at Queen鈥檚 University following QICSI. Ms. Baziuk and company directors Adam Beaudoin (Kin鈥15) and Esther Jiang (Artsci鈥15) consulted with local chefs and food scientists to further develop the products. Gryllies is currently finalizing its packaging and branding and hopes to go to market in May.

The $15,000 prize will support Gryllies as it embarks on a 12-month program at Food Starter, a Toronto-based food business accelerator. The program will give Gryllies access to a range of services that will help the company commercialize and sell its product.

The benefits of UPstart pitch competition extend beyond the prize money, Ms. Baziuk says.

鈥淲e were able to connect with many amazing Queen鈥檚 alumni and faculty as well as other entrepreneurs who have already reached out to us and offered their help,鈥 she says. 鈥淭he feedback from the , who are extremely experienced in the entrepreneurial space, also adds immense value to the continued development of our business.鈥

Another QICSI venture, Lumos Energy Strips, took home the second prize of $10,000 at the pitch competition.

Growing entrepreneurship on-campus and in the community is a key pillar of Queen鈥檚 strategic mandate. The Queen鈥檚 Innovation Connector (QIC) builds on existing strengths to give students access to the resources, networks and mentors they need to transform their ideas into products and services.  QIC鈥檚 core strength is its interdisciplinary nature, providing students from across the university with the opportunity to work in diverse teams to address important problems and identify the solutions that will yield benefits not only for the region, but nationally and globally too.

Smith Business