AgTech Funding

Innovation Saskatchewan Invests $2.2M in Nine Industry-Led R&D Projects

Innovation Saskatchewan announced a $2.197M investment in nine industry-led R&D projects through the SAIF and the Agtech Growth Fund (AGF).

Key Takeaways

  • Innovation Saskatchewan is investing $2.197 million across nine research and development projects.
  • Funding is provided through the Saskatchewan Advantage Innovation Fund (SAIF) and Agtech Growth Fund (AGF).
  • Supported projects span agriculture, mining, energy, manufacturing, and health care.
  • The programs aim to reduce commercialization risk for early-stage technology companies.
  • The announcement highlighted the broader economic impact of SAIF and AGF investments.

Innovation Saskatchewan Announces New SAIF and AGF Investments

Innovation Saskatchewan announced a $2.197 million investment in nine industry-led research and development projects through the Saskatchewan Advantage Innovation Fund (SAIF) and the Agtech Growth Fund (AGF). The funding supports early-stage companies developing technologies across multiple sectors, including agriculture, mining, energy, manufacturing, and health care.

The announcement was made at the Innovation Saskatchewan Research and Technology (R+T) Park in Regina and reflects the province’s continued focus on advancing applied innovation and commercialization.

Minister Responsible for Innovation Saskatchewan Warren Kaeding said, “Saskatchewan innovators are solving big challenges with bold ideas and transforming key industries. SAIF and AGF provide the early support needed to ensure made-in-Saskatchewan technologies reach new markets.”

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