Market Growth Program – Pre-production Funding Stream
$500,000.00
Grant
Description:
The Pre-production Funding Stream is part of the Market Growth Program (MGP). The MGP aims to stimulate investments for long-term market growth in Canadian dairy processing by supporting sustainable and innovative investment projects with an emphasis on the use of solids non-fat (SNF). Its intended outcome is to accelerate and support investments which aim to reduce structural SNF surplus, support market growth, or process milk in regions with significant skim milk surplus/processing deficiencies.
The Pre-production Funding Stream supports dairy processors to make investments in:
additional processing capacity for SNF; and
the creation of new products that add value to the SNF surplus.
Specifically, this stream supports the execution of studies during the planning stage of an investment, whether in a new plant or in an existing plant, including equipment replacement to increase processing capacity.
Comments on Funding:
The maximum funding available is up to $500,000 per applicant per two-year cycle.
Applications are closed. Stay tuned for future intake announcement.
Eligibility:
Eligible applicants are:
1. For-profit dairy processors who process milk from cows.
2. Hold a valid federal or provincial licence to carry out activities with respect to dairy processing.
3. Be Canadian milk buyers.
4. Be federally or provincially registered legal entities capable of entering into legally binding agreements.
5.Eligible studies To be eligible, the study must be required to obtain a licence, a permit, or financing for an investment project:
a. That will increase the processing capacity to address the issue of the surplus of milk solids non-fat.
b. That has a positive impact on dairy farmers’ global revenues.
c. For which the following have already been identified: product(s), market(s), market environment, risks and mitigation measures, preliminary timeline, and additional volume of milk required.
Application Steps:
Eligible applicants must download, complete and submit an Application Form to mgp-pcm@cdc-ccl.gc.ca
After you submit your Application Form, the Program will confirm that your application has been received. You should not consider an application submitted to the Program until you receive an acknowledgement notice.
Documentation Needed:
Applicants must submit:
1. Application form.
2. Processing licence of the applicant.
3. Certificate of Incorporation or Articles of Incorporation of the applicant.
4. Certificate of Incorporation or equivalent for the firm or consultant or, if these are not available, a business licence.
5. Detailed quotes, estimates and/or contracts that include a full description of services to be delivered to support the costs of the study as outlined in section 2.5 Eligible costs.
6. A letter of support from the milk marketing board of the province where the investment will take place.
Other Things to Note:
About the author
Maurice