Canada’s agri-food startups present a $13-billion investment opportunity
Canada’s agri-food startups present a $13-billion investment opportunity. Capital flows in growing agri-food companies could help Ottawa achieve its target of unlocking $1 trillion in investment by 2030to power economic growth.
The country’s agri-food sector is currently undercapitalized by domestic growth funds. The sector accounts for only 2% of government-backed growth, venture and infrastructure funds at the federal level, and brought in an estimated 4% of total growth funds invested in Canada over the past 5 years.
It’s not that there isn’t interest. Venture and institutional funds have attempted to flow but fragmented governance across provinces and sector fit for funds have pushed agri-food to the sidelines of mainstream approaches to deploying growth capital.