About Us

AVAC continues to break ground in Alberta and making a significant contribution to Alberta’s emerging value-add industry, and the fledgling venture capital sector. In partnership with a wide array of partners, investees, and sponsors, AVAC continues to play a critical role as the experienced investor in early-stage companies. AVAC Ltd., based on its Agribusiness value-added (Agrivalue™) roots, and with additional mandates in Agriculture Research, ICT (Information Communications Technology), Life Sciences, and other Industrial Technology sectors continues to contribute a key leadership role in Alberta.

Created in 1997 to stimulate and enhance the research and development capacity of the Agribusiness value-add sector, facilitate the effective utilization of the research and development capacity, and assist with the commercialization of innovative value-added products and services in Alberta’s value-added agriculture industry, AVAC has been a significant contributor to value-add. Initially seeded with $35 million from the Alberta Government and $10 million from Agriculture and Agri-food Canada, AVAC has since grown its investment funds significantly with additional Provincial contributions of $79 million, including the IVAC Initiative, rolled-out in 2007.