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.”
Overview of 2025 Funding Recipients
The 2025 funding recipients include a range of technology-driven companies addressing operational efficiency, sustainability, and safety challenges:
- Kinemek received $450,000 (SAIF) for an AI-enabled mine inspection system integrating radar and optical sensors.
- NRGene Canada received $450,000 (AGF) for AI-driven genomics to improve Black Soldier Fly strains for feed applications.
- Teal received $450,000 (SAIF) to develop industrial superchargers for electric mining equipment.
- Amb.AI received $200,000 (SAIF) for a multi-sensory underground mine monitoring platform.
- RUNNR received $150,000 (SAIF) for a delivery management and emissions tracking platform.
- X-Steam-inator Agricultural Products received $150,000 (AGF) for a modular steam-based weed control system.
- AgScouter received $132,000 (AGF) for an agronomic data platform.
- B-Nature received $125,000 (AGF) for an industrial composting system.
- NutraMate received $90,000 (SAIF) for an AI-powered pharmacy management tool.
Innovation Saskatchewan's Program Impact and Ecosystem Development
Since its launch in 2018, SAIF has committed more than $17.3 million across 66 projects, generating $55.3 million in private investment and a reported 271% return on investment. AGF, launched in 2020, has invested over $5.3 million in 28 projects, generating $22.4 million in private investment and a 376% return.
The announcement also featured Greenwave Innovations, a prior SAIF recipient. Greenwave President and CEO Dean Clark said, “Through the support provided by the SAIF program, Greenwave has been able to significantly enhance and accelerate the development of Greensense.”
Innovation Saskatchewan stated that SAIF and AGF continue to play a role in advancing practical technologies and supporting Saskatchewan’s innovation ecosystem.
