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Industry committee  Yes. The selection process was run by the Department of Finance. The funds that were selected were referred to BDC, and we did apply our criteria that we use for funds investment and fund of funds. We went through the due diligence, the evaluation, the team assessment, and the likelihood of being able to deploy the capital in the fashion that the program requires.

May 3rd, 2016Committee meeting

Jérôme Nycz

Industry committee  That is correct.

May 3rd, 2016Committee meeting

Jérôme Nycz

Industry committee  Agricultural technology is an emerging field for the VC industry and we're seeing some green shoots in the marketplace. We have a company out of Quebec City that combines cellular technology and smart irrigation that helps farmers use water and resources for their crops efficiently.

May 3rd, 2016Committee meeting

Jérôme Nycz