Biotech Updates

Governments Invest in Biotechnology for Saskatchewan's Agricultural Industry

September 11, 2013

Federal Agriculture Minister Gerry Ritz and Saskatchewan Agriculture Minister Lyle Stewart announced an investment under Growing Forward 2 for Ag-West Bio Inc. to boost agricultural commercialization and marketing efforts.

"Our Government is committed to keeping the Saskatchewan agriculture industry on the leading edge," said Minister Ritz. "This support will help Ag-West Bio continue to drive agricultural innovation and benefit the sector through increased productivity, jobs and economic growth. Investments like these will not only support the biotech sector here in Saskatchewan, but will strengthen our economy for the benefit of the entire country."

The investment of $7.5million represents an increase of $2.5 million over the previous five years of funding. Ag-West Bio will use the support to provide entrepreneurs advice, support and guidance in commercializing and marketing their products and emerging technologies.

For details of this news, see http://www.agr.gc.ca/cb/index_e.php?s1=n&s2=2013&page=n130909a&src=hp