AgriInnovate Program

📋 Eligible Entities - Agricultural businesses operating in Canada (primary focus) - Private sector companies with agricultural operations or products - Cooperatives in the agricultural sector - Partnerships and joint ventures with agricultural entities - Small to medium-sized enterprises (SMEs) in agri-tech - Large agricultural companies (subject to program guidelines) - Businesses must be Canadian-controlled and registered in Canada - Applicants must demonstrate active involvement in the agricultural industry ### 💰 Funding Details - Maximum Grant Amount: $5 million per project - Contribution Type: Repayable contributions (non-dilutive funding with repayment obligations) - Cost-Sharing Ratio: Government covers 50% of eligible project costs - Applicant Responsibility: Must fund the remaining 50% of project costs - Repayment Structure: Funds are provided as repayable contributions with agreed-upon repayment terms - Interest Rates: Typically competitive government rates (verify with administrator) - Repayment Timeline: Generally 5-10 years (subject to specific project terms) ### 🛠️ Approved Expenses - Research & Development (R&D) payroll and labor costs - Technology adoption and implementation costs - Equipment purchases for demonstration or commercialization - Infrastructure development for agricultural innovation projects - Product commercialization activities and market preparation - Process improvement initiatives - Service innovation development - Demonstration projects showcasing new technologies or practices - Professional services (engineering, consulting, technical support) - Training and capacity building for staff on new technologies - Marketing and commercialization of innovative agri-products ### ⚠️ Conditions & Milestones - Project Timeline: Must demonstrate a clear pathway to commercialization within defined timeframes - Innovation Requirement: Project must involve demonstrable innovation in products, technologies, processes, or services - Competitive Advantage: Must increase agri-sector competitiveness and/or sustainability - Performance Milestones: Recipients must achieve agreed-upon project