(Regina) Protein Industries Canada (PIC) will share in over $950 million in federal funding as part of the Innovation Supercluster Initiative announced earlier today. The federal funding will supplement the hundreds of millions of cash, in-kind commitments and venture capital support already secured from PIC’s members. These funds will help PIC partners to feed the world with plant protein and supercharge the Greater Regina Area and Western Canadian economy.
“Agriculture and agri-value is quickly becoming a technological and innovation powerhouse with the ability to make this region of Canada a powerhouse food-producer for the world,” said John Lee, President & CEO of Economic Development Regina. “With this announcement the GRA and Saskatchewan are well positioned for future growth and expansion in this emerging sector.”
PIC will work to support and fund many new initiatives along the variety of scientific, value-add and technological supply chains to advance the industry. Projects and initiatives in this field include the advance of the science on plant genomes for climate change resistant crops, technology in the field (planting, harvesting, processing) and in the value-add chain of bringing those pulses to market.
“EDR is proud to have been an integral and collaborative partner in this initiative,” said Lee. “The collaboration across our city, province and western Canada shows how we can thrive when we Think Big. Thank you and congratulations to the PIC board and all of the partners that made this a reality.”
The Greater Regina Area (GRA) is the center of plant protein crop production and the first stop on the plant protein highway. The GRA has significant value-added strengths in trade infrastructure, technology, and community support, and is well positioned to grow the value added processing sector and create highly skilled jobs.
A supercluster is an innovation hotbed home to industrial leaders in the same geographical area, with organizations linked through shared needs on particular inputs, technologies, talent and infrastructure. The prairie region of is a natural fit for a pulse based supercluster as it already produces a large amount of the chickpeas, lentils and split peas consumed around the world.
For more information, contact:
Economic Development Regina, Inc.
P: 306-789-5099 ext. 237