Agtech Growth Fund

📋 Eligible Entities - Agricultural technology companies (any legal structure) - Primary agricultural producers (farmers, ranchers) implementing agtech solutions - Agricultural cooperatives and associations - Saskatchewan-based businesses with operations in the agricultural sector - Private corporations, sole proprietorships, and partnerships engaged in agtech development or adoption - Entities must demonstrate operations or primary market focus in Saskatchewan ### 💰 Funding Details - Maximum Grant Amount: $450,000 per project - Grant Coverage: 30% of eligible project costs (non-repayable) - Applicant Cost Share: 70% of total project costs must be covered by the applicant - Repayability: Non-repayable grant (no loan repayment required) - Matching Ratio: 30:70 (grant to applicant contribution) ### 🛠️ Approved Expenses - Research and development (R&D) related to agtech innovations - Technology development and commercialization activities - Equipment and technology acquisition for agricultural innovation - Professional services (engineering, technical consulting, IP development) - Personnel costs directly tied to project execution - Testing, prototyping, and pilot project costs - Market validation and commercialization activities - Training and skills development related to the technology ### ⚠️ Conditions & Milestones - Projects must demonstrate clear commercialization potential within Saskatchewan's agricultural sector - Applicants must secure and document their 70% cost-share commitment before funding is released - Grant is contingent on successful project completion and milestone achievement - Funds must be deployed for approved expenses only - Recipients must maintain detailed financial records and reporting for grant administration - Project timelines and deliverables must be established and monitored - Preference given to innovations with demonstrated market demand or adoption potential - Saskatchewan residency or primary operational base is likely a requirement