Investment platform CULT Food Science Corp. recently announced the signing of a memorandum of understanding to develop the “Institute of Cellular Agriculture” in collaboration with the University of Alberta and New Harvest Canada, according to a release.
The innovative strategic partnership will offer infrastructure, support and funding opportunities to innovators and researchers through a platform created for new ventures and the development of property centered on enhancing the future of food with cellular agriculture.
“We are at the horizon of an explosion of new ideas and ventures that will accelerate the global cellular agriculture industry. We are excited to be able to accelerate the launch and development of new ventures and ideas from individual founders, to supporting classic enterprises who want to adopt cellular agriculture as part of their strategy with our support,” said Lejjy Gafour, CEO of CULT Food Science.
Based at the University of Alberta’s Agri-Food Discovery Place, the associated partnership will facilitate collaboration to develop and commercialize new technology across a national network. The collaboration will work to progress new companies concentrated on cellular agriculture research and innovation while providing work-integrated learning opportunities to undergraduate and graduate students that are spearheading the emerging industry.
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