The Agtech Accelerator, launched earlier this year, is a venture-capital-backed accelerator.

 The University of Saskatchewan has signed a memorandum of understanding with the Agtech Accelerator.

Agtech Accelerator focuses on assisting early-stage start-ups that are working on agricultural problems globally through innovation and technological advances.

The accelerator provides companies with the tools they need to grow, secure capital and create high-quality job opportunities for both undergraduate and graduate students.

The partnerships between the University of Saskatchewan and the Agtech Accelerator is based on a three-year agreement.

This year, the U of S will provide $20,000, with a potential total investment of up to $180,000 throughout the agreement.

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