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The Sustainable-CAP Agri Food Funding Program, offered by the Canadian government, is an exciting opportunity for organizations and individuals working towards a sustainable and innovative agricultural sector.
With a focus on promoting economic growth, competitiveness, and market development, this program aims to support projects that contribute to a more resilient and prosperous Canadian agri-food industry.
Read on to learn more about the Sustainable-CAP Agri-Food Funding Program and how you can apply for funding to make a difference in your community and beyond.
AgriFood Funding Program Overview
Apply today for the Sustainable-CAP Agri Food Funding Program.
The federal/territorial Sustainable Canadian Agriculture Partnership (Sustainable-CAP) will fund agriculture-based initiatives to improve the competitiveness, innovation, and resilience of the agriculture, agri-food, and agri-based products sectors.
The GNWT State Department of Industry, Tourism, and Investment provides sustainable CP funding in the NWT.
AgriFood Funding Program Streams
- Applicant Stream 1: Commercial Producers, Processors, Harvesters, and Other Agribusinesses (Including Indigenous-owned businesses)
- Must be a registered business in the NWT that has been in existence for at least one year. Registration or incorporation under the applicable legislation is necessary.
- Before funding can be approved, projects may require the filing of a business plan.
- Unless otherwise specified, funding will cover up to 75% of project expenditures, with a maximum program lifetime value of $125,000.
- Major Agricultural Projects may be eligible for up to 75% funding, up to a maximum of $250,000, based on a third-party business plan examination.
- Application Stream 2: New Entrants and Small Businesses
- New entrants and small enterprises are eligible for a maximum of $30,000 in assistance across two periods.
- Phase 1: Up to $10,000 (total) for activities such as initial start-up costs, business planning, training, and the development of agri-environmental plans.
- Phase 2: Following the development of a business plan, up to $20,000 in further funds will be provided to implement the key components outlined in the plan.
The Sustainable AgriFood Funding Program Priorities
- Climate Change and the Environment
- Market Development and Trade.
- Increasing Sector Capacity, Growth, and Competitiveness
- Resilience and Public Trust
- Science, Research, and Innovation
- Areas of Focus for the NWT
- Commercial Agriculture and Agri-Food Development.
- Diversity and Expansion
- Community Food Production
- Agro-environmental Planning
- Resilient Agriculture Landscape Program (RALP
- Growth in the market
- Northern Agriculture and Food Research
The Agri Food Funding Program Eligibility
NWT producers, processors, merchants, non-profit organizations, and governments, including Indigenous Governments and Indigenous Organizations, are all eligible to receive Sustainable-CAP NWT financing.
Individuals must:
- Be a current resident of the Northwest Territories for at least one year, and be at least 19 years old.
- Businesses should be:
- Based and functioning in the Northwest Territories for at least a year.
- An agricultural producer or agrifood processor
- A corporation, partnership, or sole proprietorship that is registered and in good standing with the Department of Justice’s Legal Registries Division
- Operating a farm or processing plant with commercial sales, or being able to demonstrate current/future commercial viability (a business plan is required).
- The nonprofit organizations must be:
- Registered as a northern-based non-profit society organization with the Northwest Territories Registrar of Societies.
Ineligible Criteria
Funds cannot be allocated for:
- Used GNWT-funded equipment for the past five years.
- Unless otherwise noted, beneficiaries incur normal and ongoing operation and maintenance costs.
- Purchase of common equipment with numerous applications (e.g., digital cameras, GPS, smartphones, measuring tapes, trucks, trailers, and tractors).
- Purchase and build multi-purpose structures (barns, storage sheds). Specialized interior components of agricultural buildings may be eligible for funding.
- Land purchase or road development.
NOTE: The application is currently ongoing on now, for additional information please click here to visit GNWT.
Summary
The Sustainable-CAP Agri Food Funding Program offers a unique chance for Canadian organizations and individuals to secure financial support for their innovative and sustainable agricultural projects.
By investing in initiatives that promote economic growth, competitiveness, and market development, the Canadian government is fostering a resilient and forward-thinking agri-food sector.
Don’t miss this opportunity to contribute to a more sustainable and prosperous future for Canada’s agricultural industry – apply for the Sustainable-CAP Agri Food Funding Program today and make your mark on the future of agriculture in Canada.
A laudable arrangement!