The Waterloo Accelerator Centre which has a strong track record for helping launch high-tech medical and electronic businesses, is inviting applications for agriculture.
Ruth Casselman, the executive director, said the centre recently struck a partnership with the University of Waterloo which spawned dozens of high-tech companies such as Blackberry, Moviovision and Open Text.
The centre will accept five applications between September and March. Applications are open until the end of July.
The program is called the Global Impact Creator Program.
Casselman said about half of the 150 startups at the Waterloo Accelerator Centre are developing new tools related to sustainability.
One of those companies is Caragen which researches and markets microbes that can be added to hydroponic solutions to boost greenhouse crop yields by about 10 per cent.