Governments invest $8.5 million in Saskatchewan’s agricultural biotechnology sector
Ag-West Bio will receive $8.5 million to support the development of the agricultural biotechnology sector in Saskatchewan.
June 27, 2018 By Top Crop Manager
Federal Agriculture Minister Lawrence MacAulay and Saskatchewan Agriculture Minister Lyle Stewart announced on June 18, 2018 that Ag-West Bio will receive $1.7 million per year for the next five years.
The funding will be used to provide advocacy, advice, financing, business attraction, networking and educational events for the agricultural community.
“It’s a fascinating time to be involved in agriculture. Growth is being driven by both bio- and digital technologies. Ag-food is an area with significant potential; this renewed funding gives Ag-West Bio the resources to move this sector to the next level,” said Wilf Keller, Ag-West Bio president and CEO in a statement.
Ag-West Bio received $1.5 million per year in funding from the federal and provincial governments under the previous policy framework, Growing Forward 2.