Atlantic Canada Business Grants

Department of Fisheries Forestry and Agriculture

Aquaculture Capital Equity Program (ACEP)

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Amount:

No Fixed Amount

Type of Program:

Investment

Description:

The objective of the Aquaculture Capital Equity Program is to partner with companies to increase production from both hatcheries and marine sites in Newfoundland and Labrador. The program will provide a minimum investment to projects of $250,000 for finfish operations and $100,000 for shellfish to match a private sector cash investment.

Comments on Funding:

ACEP provides a minimum investment of $250,000 for finfish operations and $100,000 for shellfish operations. Applicants must clearly demonstrate the ability to match the requested investment amount.
There is no maximum investment level under ACEP. All reasonable proposals are considered for funding. 

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must:

  • be incorporated enterprises operating in or proposing to operate in the finfish or shellfish industry,
  • be currently involved or proposing to become involved in the commercial scale production of shellfish or finfish at a Newfoundland and Labrador site licensed and approved by the Department of Fisheries, Forestry and Agriculture,
  • provide a business plan which includes information as requested by Government in the Business Plan Guidelines,
  • clearly demonstrate, through their business plan a strong potential for sustainable employment opportunities, incremental production and increased sales, and long-term commercial viability,
  • clearly demonstrate a definite need for Government financial assistance by way of an equity investment; that the equity investment is complementary to and levers to the maximum extent possible other sources of financing; and that the project could not proceed on a commercially viable basis without Government participation,
  • have all necessary licenses and regulatory approvals, to the satisfaction of Government,
  • be in good financial and legal standing with Government,
  • clearly demonstrate that management has the required technical, financial, marketing and managerial expertise for the operation of a commercial-scale aquaculture enterprise,
  • if existing operators, have at the date of application a minimum private sector equity position equivalent to 20% of the total assets, evidenced by externally prepared (minimum review engagement) financial statements for the last fiscal year, updated to the date of application if requested by Government,
  • if new operations, have a private sector equity investment equivalent to 20% of total program costs.

Application Steps:

1

should contact the Director of Aquaculture Development to discuss potential project, and confirm information required by the Department of Fisheries, Forestry and Agriculture to complete an assessment,

2

submit a proposal package, including a completed and signed application form, and a completed business plan, prepared in accordance with the guidelines contained in the program brochure, to the Director of Aquaculture Development,

3

meet with Director of Aquaculture Development to discuss the proposed project and projected timeline for decision.

Documentation Needed: 

Applicant must submit:

  • a completed application form, 
  • a business plan including ownership, financial and technical details,
  • Auditor-prepared financial statements for the past 3 years of operations, if the applicant is an existing operation,
  • Pro Forma Income Statements and Balance Sheets on a monthly basis for the first year, and on an annual basis for the next 4 years, including all assumptions,
  • Projected Monthly Cash Flow Statements for the first 5 years of operations, including all assumptions,
  • a production plan covering a five year period,
  • other supporting documents.

Other Things to Note: 

No other details available.

Program Contact:

Programs and Services

Aquaculture-Capital-Equity-Program-Brochure-May-7-2021.pdf

ACEP-Policy-and-Procedures-Manual.pdf

Livestock Insurance

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Amount:

No Fixed Amount

Type of Program:

Insurance

Description:

The Livestock Insurance Program is designed to provide insurance to compensate Newfoundland and Labrador producers for the death or injury of sheep, goats, dairy cattle or beef cattle caused by dogs or other predators. Producers, who register their animals for insurance prior to April 1 of each year and who pay the insurance premiums, are covered until March 31 in the event any of their animals are killed or severely injured (need to be put down) by a predator.

Comments on Funding:

No other details available.

When It Ends:

Ongoing

Deadline:

April 1st

Eligibility:

The applicant must:

  • Applicants must be Newfoundland and Labrador livestock producers.

Application Steps:

1

Applicants must submit the completed applications accompanied by premiums to the Livestock Owners Compensation Board's Corner Brook office by April 1.
When the completed application is received by the Board, a "Contract of Insurance" is issued to the livestock owner. The contract outlines the responsibilities and duties of both the livestock owner and the Board. It also lists all livestock insured under the contract upon certification of ear tag numbers or registration papers by Board representatives.

Newly purchased livestock must be insured within 30 days of purchase. Proof of purchase (i.e. receipt) will be required. Lambs must be insured within 30 days after birth.

Documentation Needed: 

Applicant must submit:

  • the completed application,
  • premiums in order for the insurance to take effect.

To initiate a claim, the livestock owner must:

  • officially report the loss to the Board or any of Agrifood's designated staff at a local Agriculture Office within 48 hours of the discovery of the attack,
  • complete a "Notice of Livestock Loss or Injury" and "Request for Inspection". The carcass of any animal destroyed must be produced as well as the ear tag as evidence in order for insurance to be paid. When the Board receives notification of loss, a Board representative completes a "Claim and Inspection Report".
  • complete an "Affidavit" and have it notarized by a Justice of the Peace, Notary Public, or an official with Agrifoods, after an inspection has been completed. The Board will then review the claim and make its decision.

Program Contact:

Insurance

AgriInsurance

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Amount:

$10,000.00

Type of Program:

Grants

Description:

AgriInsurance is designed as a management tool to provide producers with income protection against uncontrollable natural perils. Coverage offered to producers is available under two scenarios. Under both options, the producer’s investment is protected against the effects of drought, excessive moisture, wind, frost, hail, snow, wildlife, disease and insects. The following vegetable crops are designated as insurable crops under the Newfoundland and Labrador AgriInsurance Program: beet, cabbage, carrot (grown on mineral or peat soil), parsnip, potato (grown from certified class seed or better; locally grown certified seed as well as imported certified seed are eligible - exclusion: Russet Burbank is not eligible for coverage) and rutabaga.  

Comments on Funding:

Coverage offered to producers is available under two scenarios:

  • the first is based on the producer’s pre-harvest cost of production,
  • the second is based on 70% of the five year average market price for the crop.

When It Ends:

Ongoing

Deadline:

April 30

Eligibility:

The applicant must: 

  • be a Canadian citizen or permanent resident at least 19 years of age, 
  • be an individual or recognized legal entity capable of entering into a contractual agreement with the Government of Newfoundland and Labrador,
  • be producing crop(s) on land in Newfoundland and Labrador. 

Application Steps:

Applicants​:

1

will receive AgriInsurance applications during the first week of April, 

2

should contact their area Agricultural Inspector or their area Agricultural Representative, if they do not receive an application by mail, 

3

must send the completed forms to Newfoundland and Labrador Crop Insurance Agency. 

Documentation Needed: 

Applicants must submit:

  1. 1
    the application form,
  2. 2
    a crop rotation plan,
  3. 3
    all potato seed tags at the beginning of the crop year, if potato producers,
  4. 4
    blight control intentions,
  5. 5
    crop reports.

To initiate a claim, the producer must:

  1. 1
    file a Notice of Crop Damage and Request for Inspection,
  2. 2
    submit a Report on Notice of Crop Damage and Request for Inspection,
  3. 3
    submit the Final Claim report.

Other Things to Note:

The Canada – Newfoundland and Labrador AgriInsurance Program is funded by the Canadian Agricultural Partnership. 

Program Contact:

​AgriInsurance - Fisheries, Forestry and Agriculture

​AgriInsurance-Producer-Handbook-2021-22.pdf​​​

Advancing Public Trust Program

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Amount:

$400,000

Type of Program:

Grants

Description:

The objective of the Advancing Public Trust Program is to build trust and confidence in the Newfoundland and Labrador agriculture, agri-foods and agri-products system. Agriculture awareness initiatives will highlight the agricultural sector in Newfoundland and Labrador, educate the public on farming practices and promote the high standards of food safety, environmental stewardship as well as animal and plant production standards utilized in the sector.

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:

Accepting applications starting February 1, 2022

Deadline:

March 31, 2023

Eligibility:

The applicant must:

  • producer organizations, 
  • processor organizations, 
  • other industry organizations, 
  • research bodies,
  • provincial government,
  • Indigenous government/community/groups,
  • having projects that aim to build trust and confidence in the Newfoundland and Labrador agriculture, agri-foods and agri-products system.

Application Steps:

1

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.

Documentation Needed: 

The applicant must submit:

  • the completed application,
  • a proposal including a purpose, goals, objectives, work plan, deliverables and proposed budget, for agriculture awareness projects,
  • a resume, curriculum vitae, or firm profile of their consultant, if requesting consultant services,
  • a quote, if requesting professional services/contractors,
  • the most recent financial information as appropriate,
  • a business plan, if a new entrant.

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.

Program Contact:

​Canadian Agricultural Partnership

​CAP-NL-Program-Guide-FINAL-v.16-2022.pdf

​CAP-6.1-Advancing-Public-Trust-Application.pdf

​programs-pdf-cap-checklist6.1-advancing-public-trust-program.pdf​​​

Agriculture Processing and Value-Added Program

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Amount:

$400,000

Type of Program:

Grants

Description:

The objective of the Agriculture Processing and Value-Added Program is to support value-added agriculture and agri-processing in Newfoundland and Labrador and to maintain and expand domestic and export competitiveness. This Program will build upon that success and create employment growth in the agri-processing sector, new economic opportunities for food processing, and new markets for local primary agricultural production.

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:

Accepting applications starting February 1, 2022

Deadline:

March 31, 2023

Eligibility:

The applicant must:

  • primary producers and producer organizations, 
  • processors and processor organizations, 
  • other industry organizations, 
  • Indigenous government/community/groups,
  • involved in the value-added agriculture and agri-processing in Newfoundland and Labrador.

Application Steps:

1

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.

Documentation Needed: 

The applicant must submit:

  •  the completed application,
  • quotes with equipment specifications/brochures, if applying for equipment financing,
  • land title documents, quotes with brochures, floor plans, materials list and map showing facility and/or infrastructure location on site, if applying for facility and/or infrastructure funding,
  • a resume, curriculum vitae, or firm profile of their consultant, if requesting consultant services,
  • a quote, if requesting professional services/contractors,
  • the most recent financial information as appropriate,
  • a business plan, if a new entrant.

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.

Program Contact:

​Canadian Agricultural Partnership

​CAP-NL-Program-Guide-FINAL-v.16-2022.pdf

​CAP-5.1-Agriculture-Processing-and-Value-Added-Program-Application.pdf

programs-pdf-cap-checklist5.1-ag-processing-value-added-program.pdf