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.
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.
- Capital assets;
- Construction or facility expansion;
- Training and marketing;
- Direct project costs.
- 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.