Zone Agtech and Cycle Momentum, in collaboration with Bioenterprise Canada, announce the 3rd edition of the Quebec Acceleration Program 100% dedicated To Agtech

L’Assomption RCM– In partnership with Cycle Momentum and Bioenterprise Corporation, Zone Agtech is currently recruiting for the Cycle Momentum Agtech Acceleration Program – powered by Zone Agtech. This acceleration program is 100% dedicated to commercializing innovative agricultural technologies in Quebec. This initiative aims to advance the development of concrete solutions that reduce the  Agtech sector’s environmental footprint, help agricultural producers adapt to climate change and support food autonomy in Quebec in order to accelerate the province’s transition towards a greener, more efficient, and sustainable economy.

As part of the Cycle Momentum Agtech Acceleration Program – powered by Zone Agtech, five seed-stage enterprises with innovative agricultural technologies will benefit from various forms of support, including access to agricultural resources required to commercialize their technology. This immersive program will support the commercialization of Agtech by focusing on the quality of innovation, demonstration in an operational environment with pilot partners, and financing opportunities.

Companies are invited to apply to the Cycle Momentum Agtech Acceleration Program – powered by Zone Agtech starting today, until December 12^th, 2022. Activities for this second cohort will begin at the end of January 2023. Powered by Zone Agtech, this program is designed for innovative agricultural companies with solutions to reduce GHGs, increase food autonomy and/or promote agricultural adaptation to climate change.

Prospective applicants must also be located in the Zone Agtech or must commit to relocating there by the end of the program.

This initiative is part of a three-year partnership (2020-2023) between Zone Agtech, Bioenterprise Corporation, and Cycle Momentum. Thanks to an investment of $570,000, this alliance is working to accelerate the development of innovative agricultural technologies in Quebec along with  supporting the mission of Zone Agtech.

“We are delighted to renew, for a 3rd consecutive year, the Cycle Momentum Agtech Accelerator Program, powered by the Zone Agtech. Together with the Cycle Momentum team, we have had the opportunity to support promising impact companies that are committed to reducing the environmental impact and adapting to climate change in the agricultural sector,” explains Marilou Cyr, Executive Director of the Zone Agtech. The agtech sector is booming and we are pleased with this collaboration with Cycle Momentum, which allows us to offer a robust program to our companies.”

“We are delighted to help accelerate the development of clean technologies in the agricultural sector. We are looking for entrepreneurs who are committed to both the development of the agricultural sector and the reduction of greenhouse gases”, emphasizes Patrick Gagné, President and CEO of Cycle Momentum. “We want to help these entrepreneurs better commercialize their technological solutions and partner with industrial groups to scale-up and drive innovation in the agriculture sector.”

“Our continued partnership with Zone Agtech and Cycle Momentum represents a considerable expansion of Canada’s Food and Agri-Tech Engine. It also allows us to make our expertise and resources further available to companies and organizations in Quebec,” explains Bioenterprise CEO Dave Smardon. “At the same time, we will have the opportunity to contribute to the export of promising food and agri-tech innovations from Quebec to the rest of Canada and to continue establishing funding partnerships as well as regional and national collaborations.”