AgriRisk Initiatives: Microgrants: Step 1. What this program offers
The AgriRisk Initiatives: Microgrants application period is now closed.
Step 1. What this program offers
The AgriRisk Initiatives (ARI) program supports the development of new risk management tools for use in the agriculture sector. ARI is a Canadian Agricultural Partnership Business Risk Management (BRM) initiative. It includes two funding streams: ARI Research and Development (ARI R&D), and ARI Administration Capacity Building. Microgrants fall under the R&D stream of ARI. Agriculture and Agri-Food Canada is currently seeking academic research proposals relevant to Canada’s business risk management policy objectives in the agriculture sector.
The objectives of ARI R&D funding are to:
- Support agricultural and agri-business stakeholder groups to develop new and innovative risk management tools to fill identified risk exposures; and,
- Increase participation of the private sector in providing risk management tools (products and services) to the Canadian agricultural sector.
In order to fulfill these objectives, the ARI will offer Microgrants of up to $25,000 per year (to a maximum of three years) for academic research proposals that can inform development of alternative risk management tools.
In addition to grant funding, proposals may also seek support through the Coordinated Agriculture Policy Research Initiatives (CAPRI), to gain access to departmental resources including data, and models to undertake analytical research.
The Department will prioritize proposals that respond to the findings of the BRM Program Review. Projects must address gaps or challenges in risk management options for agricultural producers in Canada, and can include initiatives to modify and adapt existing products in other jurisdictions for use in the Canadian market.
Preference may also be given to proposals that:
- Are national in scope;
- Engage a not-for-profit agricultural industry partner, such as an industry organization representing agriculture, agri-business or agri-products stakeholders in Canada, that is producer associations, commodity groups, farm services associations, cooperatives, mutual insurance companies or reciprocals; and/or,
- Support improved risk management for under-represented groups in agriculture, that is Indigenous farmers, land managers councils and communities; women in agriculture; young and beginning farmers; official language minority populations; and/or farmers with disabilities. Applications will be screened based on merit, as well as the capacity of the proposed research to support development of an alternative risk management tool to enhance market returns, or to improve an existing risk management tool.
Successful proposals will:
- Be a conceptual research paper that could lead to a research and development project to further develop a potentially marketable tool; or,
- Lead to a marketable tool directly that could then be delivered federally, provincially/territorially, or by the private sector.
In collaboration with the Canadian Agricultural Policy Research Network (CAPRN)
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