Posted: January 21, 2021
For the first time in Alberta, agriculture and food tech innovators can access a unique program designed to give founders customized mentorship as they start and grow their business. Alberta Yield: Ag and Food Tech Advisory Program is a collaboration between Bioenterprise, TEC Edmonton, and Platform Calgary that pulls together all their resources to help new businesses launch, scale, access investment, and increase their networks of support.
“In this program, we work closely with founders and company leaders to get them the right resources and advice for the right time in their business life cycle,” said Kevin Dahl, Advisor at Platform Calgary. “We know it’s not always easy to turn a great ag tech idea into a successful business, but making that happen is exactly why this program exists.”
Each participant in Alberta Yield will be paired with seasoned advisors who will mentor and coach them through the program. Focus areas will include customer development, market validation, increasing sales, refining business models, and improving investor readiness.
“Food and agriculture continues to be one of the most significant industries in our province,” said Darrell Petras, Executive Vice President, Business Development with TEC Edmonton. “By actively supporting and developing new technologies for this industry, we are ensuring it remains a vital part of our economy well into the future.”
Alberta Yield is funded by Western Economic Diversification Canada, Alberta Innovates, and Bioenterprise. This is the first program of its kind to support ag and tech startups with expertise and mentorship no matter where they are in their entrepreneurial journey.
“This program highlights the collaboration taking place in the ecosystem, and will reinforce the benefits of multi-party cooperation for start-ups and their founders,” says Michael McGee, Bioenterprise’s Alberta based Director of Innovation. “Now, with tremendous interest in food and agri-tech, and increased focus on the sector’s potential, we are anxious to see the various offerings the participants in our first cohort bring forward and we anticipate excellent results.”
Registration for the first cohort-based stream is open until January 31. A customized one-on-one stream is also available with no deadline for registration.