Dairy Processing Investment Fund – 1. What this service offers
1. What this service offers
The Dairy Processing Investment Fund was established to provide funding to dairy processors for investments that will improve productivity and competitiveness, and help them prepare to market changes resulting from the Canada-European Union Comprehensive Economic and Trade Agreement (CETA). The program will provide non-repayable contributions to support projects through:
- Capital Investment in equipment and infrastructure; and/or
- Access to Expertise to engage private sector technical, managerial, and business expertise.
The Fund will also allow an applicant to request access to Agriculture and Agri-Food Canada scientist(s), at an Agriculture and Agri-Food Canada Research and Development Centre, in order to conduct collaborative research on a project relating to improving an existing product, practice, process, and/or technology.
The overall program budget is $100 million and the program will end on March 31, 2021.
How much can you receive
The maximum funding available per Capital Investment project is $10 million and $250,000 per Access to Expertise project.
The maximum amount an applicant can receive is $10 million in total per year.
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