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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 privat ....

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Supporting a growing Saskatchewan tech sector


As the province emerges from the pandemic, the government remains committed to creating a competitive business environment that stimulates investment and growth, Minister Responsible for Innovation Saskatchewan Jeremy Harrison said.  The STSI program is well positioned to do this.  By reducing the barriers tech entrepreneurs face in accessing capital, the program has been instrumental in supporting the growth of tech startups that bring new products to market and create jobs in the province.
STSI offers a non-refundable 45 per cent tax credit to individuals, corporations, and venture capital funds that invest in early-stage technology companies.  Since launching in 2018, the program has attracted $22 million of investment and supported the creation of 144 new jobs among 62 eligible companies.  The incentive has increased the size of the province s investor pool, with 184 investors being approved to raise capital. ....

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Province signs on to Cleantech program


By News Room
Jan 6, 2021 2:38 PM
The province has signed an agreement between Innovation Saskatchewan and Foresight Cleantech Accelerator Centre to establish, what the province calls, a world-class cleantech accelerator program in Saskatchewan.
The program will provide programming and support for up to ten qualifying Saskatchewan cleantech startups. The startups will be required to pay $200 per month to access the program.
Minister Responsible for Innovation Saskatchewan Jeremy Harrison says, “We want to build an ecosystem that supports our businesses and industries to develop viable innovations to address climate change”.
Foresight will launch a four-month long pilot training program, and will provide overall program and management support, along with advisor, Executive-in Residence resources and program contact. Innovation will provide advisor support and a project investment of $22,000 that will be augmented by in-kind support from both parties. ....

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Sask. announces launch Cleantech Accelerator Program


“We want to build an ecosystem that supports our businesses and industries to develop viable innovations to address climate change,” Minister Responsible for Innovation Saskatchewan Jeremy Harrison said. “This pilot program lays further groundwork to establish that ecosystem and continues positioning Saskatchewan as a leader in cleantech.”
The program, which will be branded as a Foresight program in collaboration with IS, will provide programming and support for up to ten qualifying Saskatchewan cleantech startups. The startups will be required to pay $200 per month to access the program.
Foresight’s mission is to accelerate the growth and impact of cleantech ecosystems across Canada,” Foresight Chief Executive Officer Jeanette Jackson said. “This partnership enables us to support Saskatchewan’s rapidly growing cleantech sector by providing innovators with the skills and resources they need to accelerate their paths to market. We are delighted to be work ....

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