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Disclaimer:
This presentation is for information only, and aims to provide a snapshot of programs currently available. Applicants must refer to full program criteria to determine eligibility.
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GMV Canada Seminar June 24 th , 2016 For Information only - - PowerPoint PPT Presentation
GMV Canada Seminar June 24 th , 2016 For Information only - - PowerPoint PPT Presentation
Funding Programs in Support of Machinery and Equipment Purchase for Food Manufacturers in Canada GMV Canada Seminar June 24 th , 2016 For Information only Disclaimer: This presentation is for information only , and aims to provide a snapshot of
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For Information only
Some general information about programs in Canada:
- Program availability may
vary by province/region
- Each program has its own
- bjectives and eligibility
criteria
- Some programs may target
specific industry sub- sectors or SMEs
- Levels of funding, as well as
availability of repayable or non-repayable contributions vary by program
- Cumulating funding from
several programs is often allowed up to certain limits
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Programs available nationally:
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AgriInnovation Program – Enabling Commercialization and Adoption Stream Agriculture and Agri-Food Canada Facilitate the commercial demonstration, commercialization and adoption of innovative agri-based products, technologies, processes or services Up to 50% of eligible project costs up to a maximum of $10 million for any project; cost of machinery and equipment may be eligible under the program. Repayable contributions (interest-free over up to 10 years). March 31, 2018 http://www.agr.gc.ca/eng/?id=1354301302625
Program name: Program objective: Funding amount: Funding type: Program expiry: Weblink: Department or agency:
For Information only
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Programs available nationally:
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Accelerated Capital Cost Allowance Canada Revenue Agency Allow manufacturers to depreciate eligible equipment at an accelerated rate for eligible assets acquired after 2015 and before 2026 N/A Tax benefit 2026 http://www.cra-arc.gc.ca/tx/bsnss/tpcs/slprtnr/rprtng/cptl/menu-eng.html
Program name: Program objective: Funding amount: Funding type: Program expiry: Weblink: Department or agency:
For Information only
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Programs available in Atlantic Canada:
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Business Development Program Atlantic Canada Opportunities Agency and available in the provinces of Nova Scotia, New Brunswick, Newfoundland and Labrador, and Prince Edward Island Cover activities related to new establishment, modernization or expansion projects Up to 50% of eligible start-up, working capital and capital costs Repayable contributions (interest-free over up to 10 years) Not specified http://www.acoa- apeca.gc.ca/eng/publications/FactSheetsAndBrochures/Pages/Businessstartups.aspx
Program name: Program objective: Funding amount: Funding type: Program expiry: Weblink: Department or agency:
For Information only
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Programs available in Québec:
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The Québec Economic Development Program – Productivity and Expansion Economic Development Agency for Québec Regions
Provide support to maintain and improve the performance of businesses by helping them increase productivity and optimize their capacity to produce goods and services
Up to 50% of eligible costs for SMEs; equipment purchases may be eligible for support Repayable contributions Not specified http://www.dec-ced.gc.ca/eng/funding/business/productivity/index.html
Program name: Program objective: Funding amount: Funding type: Program expiry: Weblink: Department or agency:
For Information only
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Programs available in Ontario:
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Southern Ontario Prosperity Initiatives – Investing in Business Growth and Productivity Initiative FedDev Ontario
Support adaption/adoption of new technologies, processes, business opportunity development; growth and integration in global value chains; facilities improvement or expansion; market development and expansion; business expansion to support greater economic diversification
Up to 25% of eligible costs up to a maximum of $20 million per project, including capital, labour, expertise, and non-capital Repayable contributions Not specified http://www.feddevontario.gc.ca/eic/site/723.nsf/eng/h_01867.html
Program name: Program objective: Funding amount: Funding type: Program expiry: Weblink: Department or agency:
For Information only
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Programs available in Ontario:
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Southern Ontario Prosperity Initiatives – Investing in Commercialization Partnerships FedDev Ontario
Support development of commercially-relevant technology platforms; prototyping, demonstration projects, advanced product development, and applied research leading to practical commercial application; supporting the development of a critical mass of R&D activity in emerging clusters in southern Ontario
Up to 50% of eligible costs up to a maximum of $20 million per project, including capital, labour, expertise, and non-capital Non-repayable contributions Not specified http://www.feddevontario.gc.ca/eic/site/723.nsf/eng/h_01864.html
Program name: Program objective: Funding amount: Funding type: Program expiry: Weblink: Department or agency:
For Information only
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Programs available in Ontario:
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Ontario Jobs and Prosperity Fund: Food and Beverage Growth Fund Government of the province of Ontario Support projects that help create and retain jobs; strengthen supply-chains; enhance innovation and productivity; increase market access Funding available for projects with more than $5 million in eligible costs Program may provide grants of up to 20%; a loan of up to 40%; or a combination
- f grants and loans of up to 40% of eligible costs
Not specified https://www.ontario.ca/page/jobs-and-prosperity-fund-food-and-beverage-growth- fund
Program name: Program objective: Funding amount: Funding type: Program expiry: Weblink: Department or agency:
For Information only
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Programs available in Manitoba:
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Growing Value – Transformation Government of the province of Manitoba
Support operational investments that lead to increased operational efficiencies; waste reduction; improved utilization of energy and water; improved environmental sustainability practices; and reductions in greenhouse gas emissions
Not specified Non-repayable contributions Not specified N/A
Program name: Program objective: Funding amount: Funding type: Program expiry: Weblink: Department or agency:
For Information only
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Programs available in Saskatchewan:
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Saskatchewan LEAN Improvements in Manufacturing (SLIM) Government of the province of Saskatchewan
Support the adoption of best practices, new technologies, and state-of-the-art processes that stimulate improvements in productivity and efficiency, including Lean Gap analysis to identify improvements in productivity and efficiency, process automation, process improvement, and technology adoption
50% of eligible and approved expenses up to a maximum of $500,000 per proponent, eligible proponents must expense a minimum of $200,000 on their project
Non-repayable contributions Not specified
https://www.saskatchewan.ca/business/agriculture-natural-resources-and-industry/agribusiness- farmers-and-ranchers/growing-forward-2/saskatchewan-lean-improvements-in-manufacturing Program name: Program objective: Funding amount: Funding type: Program expiry: Weblink: Department or agency:
For Information only
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Programs available in Alberta:
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Agri-Processing Automation and Efficiency Program – Livestock Alberta Livestock and Meat Agency (ALMA) Help meat processors and livestock producers to invest in new processing equipment and adopt improved processes and best practices
Up to 20% of eligible costs up to $2.5 million, which may include engineering design, acquisition and installation (including modifications, if needed) of automated machinery and equipment
Non-repayable contributions Not specified
http://www.growingforward.alberta.ca/Programs/index.htm?contentId=AAELIVESTK_PRG&use Secondary=true Program name: Program objective: Funding amount: Funding type: Program expiry: Weblink: Department or agency:
For Information only
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Programs available in British Columbia:
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Canada-BC Agri-Innovation Program – Commercialization and Adoption Government of the province of British Columbia
Bring promising innovations (processes, practices, technologies, and products) to market or to the field and supporting their adoption by agri-food sector business and support service
- providers. Portion of cost of innovative equipment may be eligible under the program
Funding expected to be cost-shared with industry. Eligible projects may be funded up to 100% in cases where the potential benefit to industry is demonstrated to be substantial. Applicants may be required to contribute up to 50% of the cash costs of the project
Non-repayable contributions March 31, 2018 http://iafbc.ca/funding-opportunities/innovation/
Program name: Program objective: Funding amount: Funding type: Program expiry: Weblink: Department or agency:
For Information only
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Questions?
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