Posts Tagged ‘Food Processing’

Workshop- Grow Your Business with Government Funding

Are you a manufacturing, technology, or food processing company with operations in Canada?

Sourcing funding from SR&ED tax credits, government loans, and direct government incentive programs can help accelerate your company’s expansion.

Attend this workshop to learn from government funding experts about your eligibility for various funding programs and to learn how to secure funding from these opportunities.

Ideal for owners and executives who want to learn about:

  • Types of government funding opportunities;
  • Eligibility for financing, funding, and tax credits
  • How to apply for government funding
  • Optimizing your returns from multiple government funding programs

Event Details:

Speaker:
Gerry Fung, CPA CMA, P.Eng.
VP of Business Services at NorthBridge Consultants

Date & Time:
Thursday, September 21, 2017
2.00pm – 5.00pm

Location (pending venue confirmation):
Sheridan College – Hazel McCallion Campus.
4180 Duke of York Blvd, Mississauga, ON, L5B 0G5 (MAP LINK)

Tickets:
$99 (non refundable)

To register, please visit www.grantx.ca or call 416-524-7743/416-827-5189
Email info@grantx.ca or outreachforcecanada@gmail.com

 

Presented by Grantx Inc., NorthBridge Consultants, and Outreach for Canada.

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NorthBridge 2015 Fall Newsletter – Review of Major Industry Trends and 2016 Projections

NorthBridge’s 2015 fall newsletter has just been released. Topics covered include:

Canada’s Outdoor Farm Show in Woodstock, Ontario

Canada’s Outdoor Farm Show is a three-day agricultural event held at Canada’s Outdoor Park in Woodstock, Ontario. This event is expecting to draw in approximately 42,900 attendees and over 750 exhibitors from September 15-17, 2015. The gates open from 8:30 A.M to 5:00 P.M. This informative event will be useful for farmers and other agriculture and agri-food professionals who work in the beef, goat, sheep, swine, and poultry industries. Although programming is subject to change, attendees will have the opportunity to observe demonstrations of state-of-the-art agricultural technologies, such as  sprayer, manure application, soil stabilizer, cattle handling, and planting and seeding technologies. In addition to learning about the latest products and services available in market, farmers will also be given the opportunity to learn about traceability programs as well as government funding, specifically the federal-provincial-territorial Growing Forward 2 (GF2) program.

Under the GF2 program, there are various funding options that companies in the agriculture and agri-food industry may be eligible for if they are involved in R&D activities as well as the commercialization/adoption of innovative products. One such initiative is AgriInnovation, which has two funding streams: the Research and Development Stream (Grant) and the Enabling Commercialization Stream (Loan). In the grant-based R&D stream, companies may receive up to 50% of eligible costs as a non-repayable grant. Eligible expenditures include travel, contractors, administration, salaries/benefits, and project-related equipment. In the loan-based commercialization stream, companies may be eligible for an interest-free loan for 50% of eligible expenditures, to a maximum of $10 million, related to the commercialization and/or adoption of innovative products.

With 20 years’ experience in securing government funding for companies that conduct R&D activities, our team of engineers and technical writers can assist with both AgriInnovation streams.

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.

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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.

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