OMAFRA is pleased to announce the new Agri-Tech Innovation Initiative, with $25M in funding to support growth and productivity for producers and processors. Read about the program below or sign up for one of the virtual webinars to learn more.
The Initiative will be delivered under three funding streams. Intake opens Feb 15th 2024 and closes March 28th 2024. Across the streams, cost-share funding ranges from 35-50% of total eligible project costs. For nursery producers, learn more about streams 1 and 2 and how you can apply. For full application guidelines visit the Agri-Tech Innovation Initiative webpage and review their PDF Guidelines package.
What is covered under the program?
Stream 1 and 2 of the Agri-tech innovation will be available for producers and processors. Stream 3 is related to Agri-Tech Energy Cost savings but only open to Processors.
Stream 1: cost-share funding up to 50% of the total eligible costs to a maximum of $49,999.
Stream 2: cost-share funding up to 35% of the total eligible costs to a maximum of $100,000.
Eligible activities for stream 1 and 2 include implementing new equipment, or modification of equipment, technology and machinery for production or advanced manufacturing. Projects must be able to demonstrate innovation from credible industry or academic sources that confirm the innovation of the project or provide objective, third-party studies and/or market analysis. More details on on eligible and ineligible costs can be found on the Agri-Tech Innovation Initiative webpage.
What do I need to know before I apply?
- Project must be located in Ontario
- Applicants cannot submit an application for a project that has already received funding through Sustainable CAP. All other funding sources must be listed on the application
- Provide a CRA Business Number
- Have a valid and up to date Premises ID Number for the business location(s) where the project is to take place.
- For producers applying for Stream 1 or 2, have a valid Farm Business Registration Number (FBRN) (unless otherwise exempt, see section 5.1 in guidelines)
- An application must be strongly aligned to the merit assessment to be approved. Make sure to review the merit assessment criteria in the guidelines while writing your project application
- Complete an approved Application to the AAC
- Producers can only submit one application under either Stream 1 or Stream 2.
Where do I Apply?
Applicants can apply through AAC’s online application system starting February 15, 2024. An account must be created to access the application system. Create ONE account per application and additional users can be added to the account after creation.
