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Government of Saskatchewan, Ag-West Bio
Ag-West Bio — Technology Commercialization Investment Fund
Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1–2 weeks
Can you get this?
✓Must be for-profit and incorporated in Saskatchewan
✓Technology must be past proof-of-concept (TRL 3+)
✓Must have a quality business plan with identified market
✕Software-only businesses lacking a hardware or biological component are not eligible
✓Repayable investment, not a grant, up to $300,000
Your real odds
Only a small number of companies receive investment each cycle, and selection is described as highly competitive.
Your application goes through internal review, a third-party advisory panel, and a board of directors that meets quarterly, so expect several months between application and decision. The fund also flags that the success rate for commercializing ag-biotech innovation in Canada sits at 0.3%, which tells you something about how the board reads risk in this sector.
What it takes
Contact the Investment Manager early to assess fit and get guidance on your application1–2 weeks
Prepare a quality business plan with market analysis, commercialization path, and team credentials2–6 weeks
Submit application and go through internal review, third-party advisory panel, and board approvalSeveral months
Worth knowing
Ag-West Bio capital is not classified as government funding, so it can satisfy the non-government source requirement that many grants impose under stacking rules, making it a complement to other grant funding you are pursuing at the same time.
What else do you qualify for?
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