Type of Program:
The Future Farms Program is designed to increase awareness of opportunities in the Newfoundland and Labrador agricultural sector, and provide support to new agricultural ventures to ensure success, profitability and competitiveness in the development of new farm operations. The program provides support in the development and implementation of strategies to decrease the average age of farmers and to increase the number of farms in the province, and also encourages knowledge sharing through ongoing efforts of the NL Young Farmers Forum and other agricultural organizations.
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.
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.
The 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.