🏠 | Loan | AgriInnovate Program

AgriInnovate Program

Maurice
By Maurice | May 1, 2025

Amount:

$5,000,000.00

Type:

Loan

Description:

The AgriInnovate Program is a program under the Sustainable Canadian Agricultural Partnership (Sustainable CAP).
The program provides repayable contributions to incent targeted commercialization, demonstration and/or adoption of commercial-ready innovative technologies and processes that increase agricultural and agri-food sector competitiveness and sustainability benefits.

Comments on Funding:

The maximum Agriculture and Agri-Food Canada (AAFC) contribution toward a project will normally not exceed $5,000,000.

The program may provide an additional 10% on the cost-share ratio (AAFC — 60% : You — 40%) where the majority of the organization (more than 50%) is owned or led by one or more under-represented groups.
Applicants from under-represented groups can contact the program for more details. Under-represented groups are:
Indigenous Peoples
Youth
Women
Visible minorities
Persons with disabilities
2SLGBTQI+
Your portion of the cost-share must be cash contributions.Endnote1 In-kind contributions are ineligible.

Deadline:

Currently accepting applications

Eligibility:

Applicants must be:
1. for-profit organization that is incorporated in Canada
2. legal entity capable of entering into legal binding agreements

Application Steps:

Applicants must:

1. Complete and submit the project summary form
2. Complete and submit the program application form

Documentation Needed:

The applicants must submit:

1. AgriInnovate Program Project Summary Form
2. Detailed Project Budget
3. Business plan
4. Organizational chart
5. Diagram of your organization’s corporate structure
6. Audited or Reviewed Engagement Financial Statements
7. Pro Forma Financial Statements
8. Signed copies of all financing agreements related to the project financing plan
9. Market research studies and/or letters of support
10. Organization’s Certificate or Articles of Incorporation
11. If applicable, alternative proof of legal status for Indigenous organizations
12. Quotes, estimates, and/or contracts
13. Copies of all regulatory permits and/or patents required to undertake the project
14. Copy of any inter-company or other agreements impacting the proposed project

Other Things to Note:

Web Page:

https://agriculture.canada.ca/en/programs/agriinnovate
Maurice

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.