Today, Parliamentary Secretary Francis Drouin, on behalf of federal Minister of Agriculture and Agri-Food Marie-Claude Bibeau and Saskatchewan Agriculture Minister David Marit announced a funding agreement with Ag-West Bio provided under the Sustainable Canadian Agricultural Partnership, a federal-provincial-territorial initiative. Ag-West Bio will receive $9.5 million over the next 5 years to advance their work in the province's agriculture biotechnology sector.
Ag-West Bio will use the funding to support its new 2023-28 strategic plan. The four main objectives of this plan include direct support to innovative companies on the path to commercialization, creating connections and growing the ecosystem, promoting agriculture biosciences and developing a high-performing team.
Investing in Ag-West Bio supports the growth of innovation ag, food and bioscience businesses. Ag-West Bio nurtures an ecosystem that connects government, industry, scientists and entrepreneurs. Connections like these allow each group to learn and grow from one another to build a strong agriculture sector.
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