Farm Credit Canada (FCC) is pleased to announce a new financial commitment in the development of agriculture startups through a partnership with Saskatchewan-based AGTECH ACCELERATOR, a venture-backed accelerator program founded by Cultivator powered by Conexus, Emmertech, and Economic Development Regina (EDR).
FCC is committed to supporting the innovative technology that will shape the future of the Canadian agriculture and food industry. Through AGTECH ACCELERATOR startups can receive the capital and mentorship to bring to market the systems, machines and data producers are looking for as they advance their own operations to meet the growing needs of sustainable food production.
“Providing financial support to AGTECH ACCELERATOR is a natural fit for FCC’s venture capital program. Investing in our customers goes beyond day-to-day lending to include planning for a future that will fully realize the benefits of innovations in areas like digital agriculture and technology,” said Rebbecca Clarke, Vice-President of FCC’s venture capital program. “With support from AGTECH ACCELERATOR, Canadian entrepreneurs can grow and scale with greater strength.”
The work of the AGTECH ACCELERATOR program highlights the value of investing in these early-stage innovations to foster the development of strong companies in Canadian agriculture and food.
“Partnerships are a key part of the success of AGTECH ACCELERATOR. We are very happy to have the support of FCC whose sole business is connected to supporting the agriculture and food industry,” said Bre Walkeden, Cultivator powered by Conexus Community and Partners Manager. “Together we can bring forward innovative projects that position Saskatchewan and Canada as a highly sought-after source of technology, tools and practices that will solve challenges and create opportunities for the agriculture and food industry.”
Source : Farm Credit Canada (FCC