Regina-based Farm Credit Canada has outlined a $150-million investment in the agriculture and food industry.
FCC’s vice president of Finance, Rebecca Clark, says $100-million will go to a new venture capital fund to help proven companies through unexpected business disruptions like COVID-19.
She says the maximum support is $10-million per company.
She says the funds will support farm and food businesses ranging from primary production to crop inputs and machinery.
FCC has also recently invested over $50-million into three new venture capital funds for innovation and growth in the farm and food sector.
