Canadian agri-businesses are leading the way in creating new solutions to reduce emissions and make agriculture more resilient. The Government of Canada is supporting this effort by working with Canadian non-for-profit agtech organizations to help science-focused small- and medium-sized businesses develop innovative technologies that grow the economy, while protecting the environment.
Today, during her visit to Bioenterprise Canada Corporation, Dominique O'Rourke, Member of Parliament for Guelph, announced support of up to $7,000,000 in funding for Bioenterprise Canada Corporation under the Agricultural Clean Technology Program Research and Innovation Stream – Accelerator (ACT Accelerator). Bioenterprise Canada Corporation is one of six not-for-profit organizations that will fund projects that advance the development of clean technology for adoption in agriculture across Canada. Danielle Martin, Member of Parliament for University–Rosedale, announced the full ACT Accelerator investment of up to $30 million, on behalf of the Honourable Heath MacDonald, Minister of Agriculture and Agri-Food, on May 8.
Through this ACT Accelerator project, Bioenterprise Canada Corporation will further distribute funding to innovative Canadian companies through its Clean Agri-Tech Accelerator (CATA). CATA works to create and support clean technology that helps farmers, food producers, and ag-tech companies across the country. These solutions are designed to improve the environment in clear, measurable ways. Bioenterprise will also provide mentorship to these companies as they start and grow, helping them become more sustainable while building a stronger and more competitive economy.
This ACT Accelerator investment will help ensure that Canadian producers and agri-food businesses have access to a wider range of advanced technologies, contributing to a more competitive and climate-friendly sector.
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