Farm Credit Canada has lined up 20 investors to support innovators.
FCC is putting up $325 million in new capital this fiscal year, the lender said in a news release. The 20 investors will be partners.
It said the cash will “bring new innovation to Canadian farmers through investments in innovative Canadian businesses, construction and project finance opportunities, and early-stage ag-tech companies.”
Last year it said it will offer $2 billion for investments over five years into agriculture technology innovation.