Fredericton dairy tech company wins $1M international prize

A Fredericton agricultural tech company won $1 million Thursday night in one of the most lucrative business plan competitions in the world.

SomaDetect, which is run by Bethany Deshpande and her husband and business partner, Nicholas Clermont, won the the top prize in the 43North annual international competition in Buffalo, N.Y.

"Were completely shocked," Deshpande said.

"I was so nervous … then our name was called," she said. "I was kind of shaking."

The company is perfecting a sensor that can quickly detect two main things: the fat content in milk, which can increase what a farmer is paid for the milk, and somatic cell counts, which can indicate disease.

Read the full story at cbc.ca.

Victoria Krisman is Interactive Media Specialist for the Intelligent Community Forum.
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