Cultivator hosts Lucent Bioscience $19 million announcement
Cultivator hosted a special announcement between Protein Industries Canada (PIC), AGT Food and Ingredients Inc. (AGT Foods), Lucent BioSciences (Lucent, an Agtech Accelerator cohort 1 company), NuWave Research, IN10T, and Aberhart Ag Solutions. The collaborative $19 million project will help Canadian farmers further improve their substantiality and reduce carbon emissions through the commercialization of a new micronutrient fertilizer — which includes the installation of a new manufacturing process for the production of Soileos in Rosetown, Saskatchewan.
With special guests and honorable members of parliament in attendance, the morning was spent celebrating the project as it reaffirms the sector’s commitment to reducing environmental impacts and delivering healthy food to Canadians.
For more information please read Protein Industries Canada’s news release.
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- Guests waiting patiently for the announcement
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- AGT Foods on display
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- Guests waiting patiently for the announcement
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- Jordan McFarlen, Cultivator Incubator Manager
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- Annette Revet, Chief Transformation Officer at Conexus Credit Union
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- Bill Greuel, CEO of Protein Industries Canada
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- Murad Al-Katib, President and CEO of AGT Food and Ingredients
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- Honourable David Marit, Saskatchewan Minister of Agriculture
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- Honourable Marie-Claude Bibeau, Minister of Agriculture and Agri-Food
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- Honourable David Marit, Saskatchewan Minister of Agriculture + Sandra Masters, Mayor of Regina, SK.
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- Project Consortium Members
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- Annette Revet, Chief Transformation Officer at Conexus Credit Union + Bill Greuel, CEO of Protein Industries Canada
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- Michael Riedijk, President and CEO of Lucent Biosciences
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- Frank Hart, Board Chair for Protein Industries Canada
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- Murad Al-Katib, President and CEO of AGT Food and Ingredients
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- Trevor Hay, Mayor of Rosetown, SK.
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- The Honourable Marie-Claude Bibeau, Minister of Agriculture and Agri-Food
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- Beautiful lunch prepared by Legacy Catering — featuring AGT Foods’ Veggipasta.
Lucent BioSciences is currently a cohort 1 company in Cultivator’s Agtech Accelerator. The company has developed a zero-waste manufacturing process that binds nutrients to cellulose. This new material ‘soileos’ has unique properties and characteristics that prevent run-off or tie-up, and improve yields, plant health, and crop quality. You can see Lucent’s pitch LIVE during Demo Day at Canada’s Farm Show on Wednesday, June 22, 2022!