This new center will help attract investment and businesses in the province’s agriculture and food sectors, reducing the capital required to create and operate businesses seeking to conduct research, development and production. in large scale.
“As we celebrate World Biotechnology Week, we are pleased to shine the spotlight on the agri-food sector with this investment,” said Saskatchewan Minister responsible for Innovation Jeremy Harrison. “Saskatchewan’s research and development sector is growing exponentially and is recognized globally for its world-class research facilities focused on solving long-term sustainable opportunities in food production. “
“This investment places Saskatchewan at the forefront of engineering biology and builds on Saskatchewan’s world-class research center in Saskatoon,” said Agriculture Minister David Marit. “The work at the center will ensure our producers have access to crop varieties adapted to our climate and will develop new ways to add value to the plant and animal products we produce. “
Innovation Saskatchewan is providing $ 2 million in funding through its Innovation Science Fund. Department of Agriculture funding of $ 1.2 million is provided through the Canadian Agricultural Partnership. The Canadian Agricultural Partnership is a $ 3 billion investment over five years by the federal, provincial and territorial governments of Canada to strengthen and grow Canada’s agri-food and agri-food sectors. This commitment includes $ 2 billion for federal (60%) and provincial / territorial (40%) cost-shared programs that are designed and delivered by provinces and territories. Thanks to this government funding, GIFS will also receive additional matching funds through the Canada Foundation for Innovation – Innovation Fund.
“Projects funded by the Innovation Fund help research and development organizations like ours stay at the forefront of exploring and delivering innovative solutions that generate economic growth, contribute to environmental sustainability and provide training and workforce development opportunities for economic impact, ”said GIFS Executive Director and CEO Dr. Steven Webb. “We are grateful for the support of the province, because with all of these funds, we will be able to harness the power of biology to potentially transform the food we eat, while generating economic activity for the province. “
Innovation Saskatchewan has managed the Innovation Science Fund (ISF) since 2015, leveraging federal research funding for Saskatchewan by ensuring that institutions can participate effectively in national research funding competitions. The ISF fosters economic growth through innovation and research, thereby improving the province’s ability to attract and retain high-quality scientists and researchers. For more information, visit www.innovationsask.ca or www.gifs.ca.