Agriculture committee  I have no idea. About 10 years ago we sold our first start-up. It was in Vancouver, with primarily Canadian investors over a period of time. Investors walked out with basically a sixfold return. The core team went back to that same group of investors two years later with a new

Agriculture committee  Yes.

Agriculture committee  Sure. Someone once said that a mosquito is the most powerful weapon in the world because all it has to do is sit there by your ear and buzz and eventually you will go nuts. It's not just the number of zeroes in a number. It's the timing. In that case, at that point in time, we we

Agriculture committee  For me, the most important thing to keep in mind is that if you look at a map, there are borders everywhere. When you are in a business, especially something that is everywhere, like food or agriculture, those borders don't really mean that much and people will cross them if the

Agriculture committee  That's a big question. This is obviously coming from my personal perspective. If there were some way to shift some of the abundant support from the federal government from later stage to earlier stage, that would help. Especially if you're more technology focused, once you get to

Agriculture committee  Literally today, the main part of my team is at the UBC research barn in Agassiz, in the Fraser Valley, starting a long-term collaboration with the University of British Columbia's dairy department. This is our first, and at the same time we are submitting a proposal to the inves

Agriculture committee  I would be delighted to. We first met with Bioenterprise in about March. You can see in our timeline that we were already essentially funded at that point. The interesting thing with Bioenterprise is that we came to that meeting with a deeper and broader network in ag-tech and

Agriculture committee  Yes. Are you more asking about what sort of policy adjustments are needed?

Agriculture committee  We are looking at somewhere between $300 million to $400 million of revenue down the road if everything executes correctly. The challenge will be that we have already received one acquisition offer, which we've declined. At some point an offer is going to come in that's difficult

Agriculture committee  That's interesting. Actually, could I just touch back on something that Mr. McAlpine mentioned in his response in terms of vision grading?

Agriculture committee  We have a close working relationship with Cargill. It has some interesting facilities in the U.S. As an example, it recently brought in a very bleeding-edge technology on a pilot basis to one of its plants in the Midwest. That pilot is going to be exclusive to Cargill because Car

Agriculture committee  Yes, we do.

Agriculture committee  Yes. In fact, I was just editing our latest batch of patents: 46 pages and nine individual sets of claims.

Agriculture committee  The very last slide is just suggestions on a possible way to structure federal assistance to better seed young companies moving forward.

Agriculture committee  Thank you so much for indulging my presentation. This is my first time at a committee like this. I did not fully appreciate the procedural aspects, so thank you for that indulgence. I am the founder and CEO of EIO Diagnostics, a company from the west coast, on Vancouver Island.