Type of Program:
The Agriculture Business Program provides support to the Newfoundland and Labrador agriculture, agri-foods, and agri-products industry to address various business related challenges to pursue and capitalize on new opportunities and maintain access to existing markets. The Program will enable the sector to develop and assess market opportunities both domestically and internationally; enhance business development practices, and support skills development and knowledge transfer activities.
There is funding for the following components: Market Development (market access/development, and organic certification and market development), Business Development (business planning, succession planning, strategic plans, farm financial assessments), and Knowledge Transfer and Skills Development.
Comments on Funding:
Funding fo for-profit applicants is up to 75% of eligible expenses, to a maximum of $400,000 over the 5 years of the Canadian Agricultural Partnership.
Funding for not-for-profit groups and government is up to 100% of eligible expenses and up to 75% of eligible capital expenditures. They are not restricted to the $400,000 funding limit where the project has industry-wide benefit.
Funding for business planning activities is as follows:
Land development project reimbursement is based upon acreage payments.
When It Ends:
March 31, 2023
The applicant must:
Applicants must submit the completed application form and supporting documents by email at CAP@gov.nl.ca, fax at 709-637-2589 or in hard copy by regular mail.
Applicant must submit:
Other Things to Note:
This program is part of the Canadian Agricultural Partnership, a $3 billion, five year, Federal-Provincial-Territorial (FPT) Framework Agreement that will expire on March 31, 2023.