Voran Group Ventures: Bridging the hygiene gap with woman-led entrepreneurship

Perhaps one of the biggest takeaways from the COVID-19 pandemic is that pathogens are constantly evolving. With viruses mutating, many people are starting to realize the important role that disinfectants play in the invisible fight against pathogens. However, most people are unaware that common cleaning products can be as tough on human health as they are on infectious agents.

A vast majority of cleaning products available in the Canadian market contain VOCs (Volatile Organic Compounds) which cause indoor air pollution and have been identified as a hazard to human health. What makes matters worse, labelling regulations in Canada allow product manufacturers to provide very little ingredient information to consumers, which makes it very hard to find information of products containing VOCs in the ingredient labels.

Fortunately for Canada, a woman-led chemical company, Voran Group Ventures, is revolutionizing the cleaning industry with B.C and Ontario-made products that are free of VOCs. “We have ability to make excellent high quality cleaning products within Canada” said Chelsey Reschke, CEO of Voran Group Ventures.“Canadians are currently consuming about 3 and a half billion dollars a year in disinfecting products, and most of it is spent on imported products.”

To become leaders in the cleaning industry, Voran Group Ventures is spending a lot of time, money, and effort to provide high quality socially conscious products and contribute to critical research in anti-microbial resistance; “We really believe that scientists are helping solve big problems” said Reschke. “Our company is going to be contributing a portion of our revenue to research at the University of Calgary where they have a big team involved in the One Health Consortium – a global effort that will share knowledge and data around the world.”

“I love disrupting the status-quo, I love when competitors tell us we can’t do something – it’s basically fuel to that fire.”

Chelsey Reschke is no stranger to socially conscious entrepreneurship. When she was completing her Bachelor of Science at the University of Alberta, she was the Vice President of Eonfire Network for Social Entrepreneurs, during which she established the University’s first course offering for Social Responsibility and Social Entrepreneurship. Since then, Reschke has held various leadership positions across multiple industries, which allowed her to hone her skills in strategic growth and expansion planning.

“Being able to create equity and build value in a business has been a passion of mine for a long time.” Said Reschke, “I’ve been an entrepreneur for quite some time now and have really focused on bringing innovative products and services to market throughout my career. I love disrupting the status-quo, I love when competitors tell us we can’t do something – it’s basically fuel to that fire.”

Voran Group Ventures’ Bacoban is addressing the hygiene gap, killing 99.99% of bacteria, virus, and fungi while creating a hygienic surface that prevents the growth of bacteria, mold, and mildew. Motivated by Voran Group Ventures’ vision, Vancity Community Investment Bank (VCIB) procured an operating line of credit to provide working capital and inventory financing for growth.

“We had some pretty specific asks and VCIB’s team was willing to look at our needs and really get creative with their lending.” Said Reschke. “They provided a line of sight into their expert teams with quick turn-around times on our questions, overall they’ve been very supportive.”

As a values-based bank, VCIB is committed to supporting organizations that share a commitment to positively impact the communities where they live and work. With VCIB’s financing, Voran Group Ventures will onboard new employees and build their distribution network across Canada.

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Click here to learn more about Bacoban® DLUS and Voran Group Ventures.

Learn more about VCIB’s impact financing in our Business Banking page. If interested in chatting with VCIB about your financing needs, get in touch.

The information provided herein is intended for informational purposes only and is not intended to constitute investment, financial, legal, accounting, tax, or other advice and should not be relied upon for such purpose. Always consult a professional regarding your specific needs and circumstances. Customer results may vary. The customer endorsements that appear on this page were solicited by VCIB.

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