Type of Program:
The Advancing Sectors Through Regional Economic Development Opportunities component provides assistance to New Brunswick farmers, groups of farmers, and agricultural industry associations for crop or livestock projects that can support new regional economic developmental opportunities.
Comments on Funding:
Funding is up to 50% of eligible costs to a maximum of $ 60,000 per year. Contributions towards any individual piece(s) of equipment required within the project shall however, not exceed 30%.
The maximum contribution for individual or group projects over the life of the program shall not exceed $120,000.
When It Ends:
Applicants must submit a completed application form and attach any additional required documentation to any Department of Agriculture, Aquaculture and Fisheries (DAAF) regional office or directly to the CAP Administrator, Industry Financial Programs, Department of Agriculture, Aquaculture and Fisheries, P.O. Box 6000, Fredericton, NB E3B 5H1, or by e-mail to CAP.ADMIN@gnb.ca.
Other Things to Note:
The Canada / New Brunswick Canadian Agricultural Partnership (CAP) policy framework is a five year federal, provincial and territorial Initiative which will operate from April 1, 2018 to March 31, 2023, unless otherwise announced. Program applications are welcome on an ongoing basis until funding is exhausted.