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INNOVATION SASKATCHEWAN SUPPORTING THE GROWTH OF AGRICULTURAL TECHNOLOGY

The  Innovation Saskatchewan Amendment Act, 2021, to further support agricultural technology development in the province.  This legislation provides the authority for Innovation Saskatchewan to make investments in agricultural technology (agtech) startups through a Venture Capital fund. As our economic recovery continues, our government remains committed to supporting growth and investment in the technology sector, Minister Responsible for Innovation Saskatchewan Jeremy Harrison said.  The changes we are making to  The Innovation Saskatchewan Act will allow for new investment into game-changing technology for farmers and producers that will help accelerate our economic recovery and become a significant economic driver for our province. As part of the 2021-22 Provincial Budget, the Government of Saskatchewan announced it will be investing $15 million - $3 million per year over five years - in an agtech Venture Capital fund.  The fund, which will be privately managed, wi

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