Posts Tagged ‘agri-food’

Upcoming Growing Forward 2 Application Intake

As the second 2015 intake period of applications for Growing Forward 2 approaches, this is a prime opportunity for companies in the Canadian agri-food and agri-products sector to identify eligible projects that may qualify for cost-share funding.

Producers and processors will be able to submit applications for funding from August 10 to August 27 (with the next round coming in November). Applications must be submitted and approved before costs can be incurred and paid.

Growing Forward 2 is a national-provincial initiative providing cost-share funding assistance of up to $350,000 over five years to processors who are actively processing, modifying or transforming agricultural commodities, food, beverages or agricultural-based bio-products in Ontario.

Your company may be eligible for funding if the project is focused on innovation and it:

  • Will commence within 3 months of anticipated project approval
  • Falls within one of six areas of focus
  • Helps the industry achieve the following priorities:
    • Use best business and leadership practices
    • Use energy, water and other inputs efficiently
    • Be better able to adapt to climate change
    • Maximize labour productivity
    • Access new and emerging markets
    • Retain and expand existing markets
    • Market products that meet buyer demand through adoption of food safety, traceability or animal welfare assurance systems
    • Respond quickly and effectively to risk
    • Reduce key risks

Our business analysts and technical writers at NorthBridge Consultants look forward to working with you and your company to determine the full extent of project eligibility. NorthBridge can offload government funding from your staff, allowing you to focus on operations.

Tags: , , , ,

Success of EMC’s Food, Beverage, and Bio Sector Event in Mississauga

NorthBridge Consultants presented at Excellence in Manufacturing Consortium’s Food, Beverage, and Bio Sector event at Mississauga Civic Centre on Tuesday, June the 16th. The event was well attended by Agri-Food manufacturers and all the attendees left with new knowledge to bring back to their companies. Jen Mahon, our VP of Operations, and Gerry Fung, our VP of Business Services, presented on behalf of NorthBridge. They discussed the SR&ED tax credit program, available government grant and loan programs, how to optimize returns from both tax credits and grants, and relevant case studies.

There were several other speakers in attendance who provided information for the attendees during the morning session. The speakers included representatives from the City of Mississauga, the Ministry of Agriculture, Food, & Rural Affairs, Coldbox Builders, Matt & Steve’s, Colliers International, CPG Executive Search, and ValueStream Solutions. All the presentations were geared towards growth strategies for manufacturers in the Agri-Food sector.

We greatly appreciate the opportunity to collaborate with Excellence in Manufacturing Consortium and to further educate companies about the advantages of government tax credits, grants, and loans.

Tags: , , ,

New Growing Forward 2 Application Intake Dates

April 1, 2015 marks the start of the third year of the five-year Growing Forward 2 initiative, and along with it the government has begun to announce when it is open to applications. This means that now is a prime opportunity to determine whether or not you have an eligible project that can be submitted. Applications for both Capacity Building funding and Implementation funding will be able to be submitted by producers and processors from May 1 to May 21 (with the next rounds coming in August and November).

Growing Forward 2 is a national-provincial initiative that targets Canada’s agri-food and agri-products sector and aims to foster innovation, market development, and industry capacity. It provides cost-share funding for education, training, audits, assessments, planning, and capital purchases by contributing up to 50% of the project’s eligible costs, to a maximum of $350,000 over the five years of the program (April 1, 2013 – March 31, 2018).

Projects for 2015 must not have a start date before April 1, 2015, and should start within 3 months of anticipated project approval. Eligibility stems from involvement in the processing or modification of all kinds of agricultural-based products in Ontario.

Our business analysts and technical writers here at NorthBridge are excited to work with you and your company to determine the full extent of project eligibility. NorthBridge can offload the work from you, allowing you to focus on the development of your product and business.

NorthBridge Success Story: National Food Processor Secures SR&ED Tax Credits

With consumer food wants and demands shifting constantly in our evolving health-conscious society, providing new and innovative products is crucial to companies competing in the agri-food market. One of NorthBridge’s clients, a national food processing company, had been investigating and developing new products that did not exist in the public marketplace. The company was looking to grow their already diverse range of products, looking to not only capture increased market share, but also develop new processes and product lines which would allow them to better understand their own products and ingredients. Through working with NorthBridge for a period of years, the company was aware of the SR&ED tax credit program and how the support provided for labour, materials, overhead, and subcontractor costs would allow them to recapture some of the costs realized during these projects.

Our NorthBridge team of engineers and technical writers assisted the company in compiling comprehensive, detailed claims that outlined their innovation in the field of agri-foods and, through constant communication and engagements, their SR&ED tax credits were filed and accepted. Thanks to our work together, the company will be able to re-invest their capital in on-going experimental projects and continue to innovate, providing consumers with more health-conscious and delicious food choices.

AgriInnovation Program – Commercialization and Adoption Stream

The AgriInnovation Program (AIP) is a five-year program administered by Agriculture and Agri-Food Canada. The purpose of this program is to develop research and development projects to increase economic growth in Canada’s agri-food sector. The AIP is divided into two streams: Industry-Led Research and Development and Enabling Commercialization and Adoption.

The Enabling Commercialization and Adoption stream focuses on innovation in agri-based services, technologies and products. The types of projects that meet the criteria of this stream are divided into three main sections: Pre-Commercial Demonstration, Commercialization, and Adoption. Pre-Commercial Demonstration involves agri-innovation projects that have been tested and for which commercial operation will be implemented within 24 months, while Commercialization comprises the actual introduction of agri-innovation projects to the market. In the Adoption step, processes and technologies supporting agri-food projects are adapted in the market. Companies that are engaged in a project relevant to the Enabling Commercialization and Adoption stream are eligible for a loan of up to $10 million, which covers 50% of eligible costs, such as salaries, contracted services, and direct project costs.

NorthBridge Consultants is a professional engineering firm with over 20 years of experience in assisting agri-food companies maximize government funding by identifying programs best suited for different business needs.  Contact NorthBridge today to see how we can help you grow your business.

Tags: , , , ,

  • Subscribe to our feed
  • NorthBridge Consultants' Government Funding Blog is dedicated to bringing businesses news and information to help them identify and access the most appropriate government funding programs.

    We offer opinions and insider information that can provide a pulse on government initiatives, the health of the Canadian economy, and firsthand thoughts from Canadian business owners.

Most Recent Entries

Upcoming Events