Saskatoon, SK, March 28, 2022 (GLOBE NEWSWIRE) — Global Agri-Food Advancement Partnership (GAAP) Strengthens Venture Financing Model to Add to Agtech Startups Considering Establishment in Canada with Ag Capital Announcing new support that offers a lot of value. Canada joins the investment committee.
Located in Saskatoon, Saskatchewan, GAAP is a new venture capital and incubator hybrid that invests in and supports companies in the agricultural and food technology sectors. Founded by AG-West Bio, Global Institute for Food Security, Saskatchewan Food Industry Development Center and Innovation Place, GAAP was established to promote and drive innovation and the growth of Canada’s agriculture and food sector to the North American market. Gain access and permanently position Canada as a world leader in these areas.
Jay Robinson, Interim Chief Executive Officer of GAAP, said: “Agrifood has plenty of innovation opportunities. With this partnership with AgCapitalCanada, GAAP develops and provides these opportunities to grow early-stage technology in Canada and innovate from around the world. Can be promoted.
Ontario-based AgCapitalCanada combines investment, business management guidance, and entrepreneurial expertise to help agricultural innovators have a lasting impact on Canadian agriculture with a proven track record. We strive to discover, develop and nurture our business.
Scott Crawford, the controller of the Ag Capital Canada, said: The GAAP model has resonated with us and we are pleased to be able to support the unique structure in which we can see agtech companies thrive in Canada. “
John Lansink, General Partner of Ag Capital Canada, said: The partnership with GAAP provides a platform for doing this so we can continue to help build profitable ag-related companies in Canada. “
Membership in the GAAP Investment Committee of Lansink and Crawford will take effect immediately.
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Global Agri-Food Advancement Partnership Announces Partnership with AgCapitalCanda of Canadian Business Journal
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