REGINA — The Province of Saskatchewan and the Foresight Cleantech Accelerator Centre have signed an agreement to establish a cleantech accelerator program in the province.
The agreement, signed between Innovation Saskatchewan (IS) and Foresight, will launch a four-month-long pilot training based on Foresight’s existing programs and methodology.
Foresight will also be tasked with delivering overall program and management support, along with adviser, executive-in residence resources and the program contact.
IS will provide advisory support and a project investment of $22,000 that will be augmented by in-kind support from both parties.
“We want to build an ecosystem that supports our businesses and industries to develop viable innovations to address climate change,” said Jeremy Harrison, Innovation Saskatchewan minister, in a press release. “This pilot program lays further groundwork to establish that ecosystem and continue positioning Saskatchewan as a leader in cleantech.”
The Foresight program will produce programming and offer support for up to 10 qualifying Saskatchewan cleantech startup companies. To participate the companies must pay $200 a month.
“Foresight’s mission is to accelerate the growth and impact of cleantech ecosystems across Canada,” Foresight CEO Jeanette Jackson said. “This partnership enables us to support Saskatchewan’s rapidly growing cleantech sector by providing innovators with the skills and resources they need to accelerate their paths to market.”