The agriculture and food processing sectors are among the most heavily funded in Canada as regular recipients of 10’s of billions in funding annually. In fact, hardly a week goes by without the announcement of a food processor receiving a substantial contri... through the form of government business grants and or loans for agriculture.
In 2014, the sectors prominence in the government funding arena will continue with several popular and accessible programs being offered on both the provincial and federal levels of government.
Mentor Works, a top provider in government funding support services, has outlined a list of the best business grants and loans programs for agriculture and food processing businesses.
The Local Food Fund is an Ontario government funding program that offers support to innovative projects that result in the improved access to, demand for, and awareness of local food in Ontario. This Ontario business grants program is available to for-profit, not-for-profit, as well as public organizations.
Innovative projects eligible for funding will aim to improve/increase the awareness, access to, demand for local food in the following categories:
1) Regional and local Food Networks,
2) Enhanced Technology, Capacity or Minor Capital,
3) Research and Best Practices,
4) Marketing, Promotion and Education
Growing Forward 2 Ontario (GF2) is a $417 million joint funding program through the Canadian federal and provincial government of Ontario. GF2’s aim is to support the growth and development of agriculture and agriculture industries through the dispersal of business grants to eligible Ontario firms. Read Mentor Works’ press release featuring an overview of Growing F... (includes video).
Growing Forward 2 funding for Organizations and Collaborations offers Ontario business grants to cover up to 75% of project expenses under two streams: Capacity Building and Project Implementation (visit these links for an overview of each stream of funding).
Projects eligible for funding through GF2 Ontario’s capacity building stream can include strategic planning, audits, assessments, and/or training.
Funding for these projects will range from 50-75% depending on the innovativeness of the project. Acceptance of project applications under $20,000 is ongoing. Submission of projects over $20,000 is subject to the following deadlines:
Projects eligible for funding through the project implementation stream for processors must fit into one of the following GF2 Ontario priority areas:
Ontario small business grants offered through this program supports up to 35% of project costs; innovative projects may receive up to 50% of project costs. Processors involved in Growing Forward 2 funding programs can receive up to $350,000 in grant funding toward their projects in both the capacity building and project implementation streams.
Agriculture and Agri-Food Canada created the AgriMarketing Program to enhance the marketing capacity and competitiveness of the Canadian agriculture, agri-food, fish and seafood sectors. It will provide support to industries by allowing them to identify market priorities and increase their chance of global success. The AgriMarketing Program provides funding to SMEs through the AgriMarketing Market Development Stream and for other not-for-profit entities through the AgriMarketing Assurance Systems Stream.
This stream of Canadian government grants funding aims to help SMEs expand and develop new markets both domestically and internationally, supporting SMEs to identify market priorities and thus increasing their chances of global success.
The Assurance Systems Stream focuses on the development of national assurances systems and standards that contribute to priorities such as food safety and security.
The AgriInnovation Program is a five-year initiative beginning April 1, 2013 through March 31, 2018, with a project completion date of January 31, 2018. The focus of ArgiInnovation’s Commercialization and Adoption Stream is helping small to mid-sized businesses with innovative agri-products, technologies, or services through the phases of product demonstration and commercialization.
For more information regarding funding programs specific to agriculture and agri-food please join us for a free workshop or webinar.
Canada Summer Jobs Program is one of the latest small business grants for hiring programs highlighted by Mentor Works. This particular program will accept application for the summer of 2014 until January 31, 2014. Stay connected with Mentor Works to learn about additional funding for hiring programs by signing up for our Canadian government funding weekly e-newsletter.
Supports funding for supervised career-related work experience for young workers in order to develop their skills and knowledge.
Note: Can apply for multiple roles. First start date is April 21, 2014. Approval notification April 2014. For those who are unable to meet the application deadline, Summer Jobs Services offers a $2 per hour wage subsidy with a more flexible application deadline –learn more about Summer Jobs Services -Ontario.
Mentor Works offers free workshops and webinars to eligible Canadian small to mid-sized businesses. View a list of our upcoming Business Grants and Loans Info-sessions.