Title:

Innovation Saskatchewan Invests More Than $1M in R&D projects

Date:
01 February 2024
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1M invested in core R&D projects
Text:

IASP member Innovation Saskatchewan is investing more than $1 million in four industry-led research and development (R&D) projects through the Saskatchewan Advantage Innovation Fund (SAIF) and Agtech Growth Fund (AGF). SAIF supports the commercialisation of game-changing innovations in the province's core economic sectors, while the AGF operates in parallel to accelerate the commercialisation of novel agricultural technologies.

The minister responsible for Innovation Saskatchewan, Jeremy Harrison explains that their programs such as SAIF and AGF are helping to introduce new and innovative ideas to the market, boosting not only their technology sector, but also the region’s economic growth thanks to their “cutting-edge” technologies.

Funding from the SAIF and AGF programs will support four innovative companies as they accelerate their R&D projects and commercialisation efforts. The chosen ones include:

  • Titan Clean Energy Projects – Developing a fluid catalytic cracking technology for converting canola and other ag residues into renewable diesel, biocarbon, and fertilizer ($250,000 in SAIF support).
  • RUNNR Delivery – Developing a platform to address inefficiencies in local logistics management ($135,000 in SAIF support).
  • Environmental Material Science – Developing a novel soil sensor that will provide real-time measurement of moisture and nitrogen in the root zone, as well as collect data on soil properties that impact nutrient uptake ($378,000 in AGF support).
  • Precision AI Inc. – Developing a “digital agronomist” by combining large language models with precision agriculture instrumentation ($250,000 in AGF support).
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