The Saskatchewan Food Industry Development Centre Inc. (Food Centre) and Conexus Credit Union’s Cultivator have signed a memorandum of understanding to partner and boost the province's ag-tech and food technology industries, aiming to help entrepreneurs and startups grow and create jobs.
New partnership looking to boost Saskatchewan agri-food industry
Saskatoon
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TL;DR: Key points with love ❤️The Saskatchewan Food Industry Development Centre Inc. (Food Centre) and Conexus Credit Union’s Cultivator have signed a memorandum of understanding to partner and boost the province's ag-tech and food technology industries, aiming to help entrepreneurs and startups grow and create jobs.
- 1 Earlier this year: Cultivator announced a goal of getting 250 companies to achieve $1 million or more in revenue by 2050.
- 2 Tuesday: The Food Centre and Cultivator signed a memorandum of understanding.
- Increased support for ag-tech and food technology startups in Saskatchewan
- Potential for more jobs and revenue in the province
- Elimination of barriers for founders
- Increased capacity for Canadian-built solutions and products
What: The Saskatchewan Food Industry Development Centre Inc. (Food Centre) and Conexus Credit Union’s Cultivator signed a memorandum of understanding to form a partnership.
When: Tuesday
Where: Saskatchewan (implied Saskatoon as the source is Saskatoon CTV News)
Why: To create more opportunities for ag-tech and food technology industries, help entrepreneurs and agriculture startups navigate a complex ecosystem, and boost the province's economy by increasing product production, revenue, and jobs. Also, to support Canadian-built internal solutions and expand capacity on the prairies, considering recent tariff threats.
How: By providing referrals to one another, supporting upcycling, collaborating on programs and workshops, and connecting budding entrepreneurs with necessary investment.