Amount:

$500,000

Type of Program:

Grant


Description:

The ARI R&D stream prioritizes projects involving new financial tools (such as insurance products, options / futures / price pooling and other hedging tools) which allow producers to manage a defined business risk.

Issues that can be addressed are, but not limited to:

  • responding to diseases in livestock and crops,
  • protecting producers from severe market price fluctuations,
  • coverage for producers’ revenue risk,
  • protecting against loss from contracts in new markets.

The R&D stream also prioritizes projects addressing climate change risk. Issues that can be addressed under this priority include, but are not limited to:

  • improving measurement and tracking of climate change impacts on farms,
  • increasing producer knowledge of climate change adaptation strategies,
  • updating regional climate change risk management plans.

Comments on Funding:

Funding is up to $500,000 per applicant per fiscal year.

Eligible project costs will normally be shared between AAFC and the applicant (75% from AAFC and 25% from the applicant). The applicant’s portion of the cost-share can be a combination of both cash and in-kind contributions.

Total government funding is normally limited to 85% of eligible project costs.


When It Ends:

Ongoing

Deadline:

Rolling Deadline

Eligibility:

Applicant must be:

  • not-for-profit organizations, which are:
  • industry associations
  • Indigenous groups
  • co-operatives, mutual insurance companies or reciprocals
  • legal entities capable of entering into legally binding agreements.

Applications Steps:

1

complete and submit a Project Summary form (stage 1) - helps to determine eligibility and alignment with program criteria and priorities, prior to preparing a full application. This will also facilitate a discussion between the applicant and program staff about the project.

2

submit a full application (stage 2), if invited.

Documentation Needed:

The applicant must submit:

  1. 1
    a completed application form, signed by the applicants’ authorized representative(s);
  2. 2
    a completed work plan listing all activities, activity lead(s) / principal investigator(s) / contractor (s), detailed description of the work undertaken, and research methodology, if applicable;
  3. 3
    a completed budget with forecasted total project costs by activity, cost category and fiscal year and sources of funding;
  4. 4
    a copy of the applicant organization's Certificate of Incorporation or Articles of Incorporation;
  5. 5
    the organization's annual financial statements (audited or review engagement) for the past two years or since the date of organization start-up;
  6. 6
    Letters of Financial Support from all organizations providing a cash or in-kind contribution to the project as per the Budget, if applicable;
  7. 7
    Project Endorsement Letters/ Letters of Support from organizations indicating they believe there is a need for the proposed project for the sector
  8. 8
    Capital Asset Pre-approval for Capital Costs to be purchased for the project that are $10,000 or more.

Other Things to Note:

  1. 1
    Numerous services from Agriculture and Agri-food Canada are temporarily unavailable. We will restore services as soon as possible. Thank you for your patience.
  2. 2
    The AgriRisk Initiatives: Research and Development Contribution Funding Stream is open to receive project summaries addressing new financial tools or climate change risk.
  3. 3
    Project Summaries are accepted on a continuous basis until program funds have been allocated, or until otherwise posted on this website.
  4. 4
    Total ARI program funding is approximately $55 million over five years, with the program ending March 31, 2023.

About the author 

Maurice

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Ontario to identify and maximize government grants to grow their business.
Click here to learn more about Moe's background and how he can help your business.

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