UNVEILING OF THE 3RD COHORT OF CYCLE MOMENTUM AGTECH ACCELERATION PROGRAM, POWERED BY ZONE AGTECH AND IN COLLABORATION WITH BIOENTREPRISE CORPORATION

Press release

For immediate publication

MRC DE L’ASSOMPTION, CANADA – MARCH 2, 2023 – In partnership with Bioenterprise Corporation, Zone Agtech and Cycle Momentum unveiled today the four startups that will benefit from 16 weeks of immersive and intensive coaching as part of the Cycle Momentum Acceleration Program: Agtech, powered by Zone Agtech.

This third edition is dedicated to accelerating the commercialization phase of innovative agricultural technologies in Quebec that are committed to reducing the ecological footprint and supporting agricultural producers’ adaptation to climate change. It also aims to promote companies offering concrete solutions for developing food products, enabling Quebec’s self-sufficiency.

The companies selected for this 3rd cohort are:

  • CLIMICALS : Pioneers of sustainable food ingredients from local recycling of food waste;
  • HERBIAERA : Advanced indoor plant growing solution for indoor (agri)culture;
  • MMSK : Specializing in urban planning, MMSK launches “NUBES”, the new roof greenhouse technology designed to facilitate the return of vegetable production areas to the city;
  • RVEST : Rvest builds cutting-edge container farming technology while helping farmers build and operate industrial-scale indoor farms.

As part of this program, selected companies benefit from comprehensive support to structure their organization, validate and test their product with partner customers, develop an effective and intelligent financing strategy, and catalyze the commercialization of their innovations. They also have access to applied training workshops tailored to their specific needs, coaching, and networking activities with potential users and investors.

“We are excited to help accelerate the development of clean technologies in the agricultural sector. We are looking for entrepreneurs who are committed to both the development of the agricultural sector and the reduction of greenhouse gases. We want to help these entrepreneurs to commercialize their technological solution better and to grow rapidly,” said Patrick Gagné, President and CEO of Cycle Momentum.

Marilou Cyr, CEO of Zone Agtech, was thrilled with the selected companies in this third cohort, and she emphasized that Quebec is a fertile ground for developing modern agricultural technologies. She is delighted to support these companies in their expansion within Zone Agtech and offer them comprehensive guidance for implementing their projects.

“Through the support offered, we were able to shed light on areas that had been little explored in terms of organizational structure. This new perspective allowed us to mature as a company. We have elevated ourselves to the necessary level to consider product development not as an end but as one of the axes of an ecosystem where organizational, commercial, financial, social and technical aspects merge, and results must actively influence technical development. This coaching has opened us up to this global vision that has accompanied each of our strategic decisions,” said Yanick St-Yves, Director of Development at Alliance Solutions and participant in the 2nd cohort of the Agtech Acceleration program.

Every year, Zone Agtech and Cycle Momentum rely on the expertise and know-how of a selection committee, which carries out remarkable work in evaluating applications. Their contribution is one of the key factors in the program’s success, and both organizations thank all the members of this committee: Marilou Cyr, Bryce Nagels, Émilie Desjardins from Zone Agtech as well as Morgan Guitton from Cycle Momentum.

Finally, Zone Agtech invites investors, journalists, support organizations, alumni, coaches, and potential users to meet the four startups selected during the program’s Demo Day closing event. Stay tuned for the Demo Day’s date and location on our social media. This event is an excellent opportunity to discover the selected companies and their innovative products. You will have the chance to meet the teams from Zone Agtech and Cycle Momentum, network with industry players, and explore possible partnership opportunities.

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For more information:

Zone Agtech
Marilou Cyr, Directrice Générale
mcyr@zoneagtech.ca

Nathalie Pentier
Courriel: npentier@zoneagtech.ca

Annalie Sabri Ledesma
aledesma@zoneagtech.ca

Cycle Momentum
Fanny Fanchette-Yovanovitch
Courriel:  ffanchetteyovanovitch@cyclemomentum.com