Ag Tech Investments News

The Government of Canada continues to spur innovation by investing in the agriculture and agri-food industry, creating good middle-class jobs and ensuring the sector punches above its weight in a competitive global market.

Today, Jean-Claude Poissant, Parliamentary Secretary to the Minister of Agriculture and Agri-Food, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development, launched a new funding competition, through the Strategic Innovation Fund, for national scale initiatives in automation and digital technology applications in the agriculture and agri-food sector. Funding of between $10 million and $50 million will be provided to a successful applicant in the competition.

Automation and digital technologies are changing the face of agriculture and agri-food value chains. To capitalize on these changes, the Government is seeking applications for funding from networks and consortia of private sector companies, researchers and non-profit organizations that will work collaboratively to develop and deliver automation and digital technology applications for the agriculture and agri-food sector.

The Government is seeking proposals for the development and delivery of large-scale, disruptive approaches to automation and digital technologies with applications in the agriculture and agri-food sectors. Proposals should:
- solve problems through the use of data and technology in the agriculture and agri-food sector, such as automation and robotics, precision agriculture platforms, data and digital solutions, sensors, interconnected software and hardware, artificial intelligence, machine learning, and blockchain;

- include collaborations between businesses (including small and medium-sized enterprises), post-secondary institutions, research institutes, and non‑profit organizations from multiple sectors across Canada;

- generate strong economic and social benefits, such as private sector investments in R&D, the creation of new intellectual property and innovations, and the development and implementation of new products, processes and services; and

- bring about positive environmental impacts, such as the reduction in greenhouse gas emissions, food waste, water usage and energy consumption.

Applicants will have until January 11, 2019, to submit a Declaration of Intent. The information contained in the Declaration of Intent will be posted online in an effort to foster collaboration among potential applicants. Applicants will have until March 1, 2019, to submit a Full Application for funding under this competition.

These commitments support the Agri-Food Economic Strategy Table’s aim to scale up capacity and boost productivity by investing in innovation, increasing market access, and adopting automation and digitization.

Source: https://www.canada.ca