A new £8 million venture capital fund has been launched to support sustainable innovation in the UK agri-tech sector.
The Agri-Innovation Venture Capital Fund, launched in a joint effort by Norwich-based consultants Adapt Low Carbon Group and Japanese commercial investors Tsukuba Technology Seed Co (TTS), will support small and medium-sized enterprises in a variety of potential sectors.
Businesses seeking to pioneer new ways to improve water or energy efficiency, control pests or encourage precision farming and improved farm management will be covered.
Initially, the two firms will co-invest current TTS funds and the Adapt Low Carbon Group’s Low Carbon Innovation Fund into agricultural technology. By late 2015, they plan to invest with new capital streams from both the UK and Japan.
“[The fund] signifies the natural progression of our long term work in the agri-tech sector and innovation funding,” said Adapt Low Carbon Group CEO John French.
Yoshiki Sasaki, CEO of TTS Co, added, “We believe it will really unlock the potential for innovative companies in the agri-tech sector to expand and grow through high quality international partnerships and provide access to new markets.”
A report published last week claimed that adopting a sustainable approach to agriculture could help the UK tackle the related challenges of food poverty, obesity and environmental degradation.
Published by the Food Research Collaboration and a coalition of campaign groups, including the National Trust and RSPB, it urged ministers to deliver stronger policies on food, conservation and agricultural land use.
According to the UN, in 2050 the world will have to sustainably produce 70% more food that it does today, as population growth drives demand.
Photo: Steven Depolo via Flickr
Sustainable and ecological agriculture could feed 3bn more people
Study: UK must adopt sustainable approach to food, health and farming
JPMorgan Chase launches conservation impact investment initiative
Farming chief says extreme weather threatens UK agriculture
UK farmers at risk of water shortages by 2020, says climate watchdog
Like our Facebook Page
The Pros and Cons of Fixed Prices for Sustainable Energy
How to Plan an Unforgettable Eco-Friendly Trip to Europe
Is Decarbonizing The Shipping Industry an Achievable Goal?
Designing Eco-Systems Sustainable Exhibits: Strategies for Reducing Environmental Impact
Green Living, Education and Awareness Are Keys to Preventing Mesothelioma
Canada Can Take New Steps to Make Healthcare Greener
Roy Bartholomew Shares Basics of Ecosystem Engineering
Understanding the Evolving Science of Environmental Health
Is Eco-Friendly Composite Decking Really Good for the Planet?
Eco-Friendly Composting Tips that All Gardeneners Should Follow
6 Home Improvements You Can Make to Help the Environment
Reduce, Reuse, Recycle: Eco-Friendly Party Favors Made for the Garden
One of the Most Unique Eco-Friendly Travel Tips: Try Rollerblading
Humane Pigeons Pest Control Tips Environmentalists Can Follow
Environmental Impact of Artificial Grass for Your Lawn
Planning an Eco-Friendly Bus Trip to Singapore with Friends
Choosing The Best Eco-Friendly Furniture Set for your Living Room
How to Travel More Sustainably While Saving Money
The Truth About The Environmental Impact of Dogs
6 Major Luxury Residential Projects Responding to Climate Change
- Energy10 months ago
How To Choose the Right Solar Inverter for Your Home?
- Energy11 months ago
How to Choose the Best Solar Panel for Your Home
- Environment11 months ago
Reduce Industry Footprints with Sustainable Material Swaps
- Environment10 months ago
Is Smart Building Technology the Future of Sustainability?