innovation

AgriInnovation Program - Enabling Commercialization Stream (Loan)

Description: AgriInnovation is a five-year, $468 million program under the Growing Forward 2 initiative to accelerate innovation by supporting R&D activities and facilitating the commercialization and/or adoption of innovative products.

Funding Details: Up to 50% of eligible costs to a maximum of $10 million (interest-free loan) for commercialization or adoption, up to $2 million (interest-free loan) for pre-commercial demonstration.

Eligible Expenditures:

  • Salaries/benefits;
  • Contractors;
  • Capital assets;
  • Construction or facility expansion;
  • Training and marketing;
  • Direct project costs.

Eligibility Requirements: Must demonstrate:

  • increased revenues or decreased operating costs in the agricultural sector;
  • increased demand for primary agriculture and/or agri-based inputs;
  • increased employment in the sector.

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How NorthBridge Will Assist With the AgriInnovation Program and Other Funding Programs

NorthBridge has over 20 years of experience assisting companies with government funding programs. We will:

  • Listen and discuss past, present and future project activities.
  • Research and identify the appropriate and optimal government grant, tax incentive, loans, as well as private financing opportunities.
  • Take a hands-on approach to the application process and address relevant program objectives and criteria.
  • Become an in-house project manager for all types of government funding.
  • Interview the key employees and ask specific questions in order to make the right funding decisions.
  • Assist in writing the application and preparing all supporting documentation.
  • Assist with government reporting requirements.

To arrange for a free, no obligation consultation with one of our government funding experts contact us at: info@northbridgeconsultants.com

More information
Please fill in the following information and a NorthBridge representative will contact you regarding your request.





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