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Strategic agri-food processing fund open for grants in 2022

An aerial view of construction for Heeman’s new cider and mead production facility, Thorndale, Ontario.  Photo by Will Heeman.
An aerial view of construction for Heeman’s new cider and mead production facility, Thorndale, Ontario. Photo by Will Heeman.

The Ontario government is investing $25 million over three years to strengthen the agri-food supply chain. This funding will incentivize industry investment in projects that help address the processing capacity shortage and increase the sector’s competitiveness and resilience against future disruptions.

 

“Agriculture and food processing are a driving force that help power the Ontario economy and will contribute to our recovery and prosperity,” said Lisa Thompson, Minister of Agriculture, Food and Rural Affairs. “This strategic investment will not only boost capacity and competitiveness in Ontario’s agri-food processing sector, but it will also position the sector for long-term growth, create jobs, and promote economic opportunities for rural communities.”

 

Starting in 2021-22, the Strategic Agri-Food Processing Fund will provide grants of up to $3 million to agri-food processing businesses to invest in capital, equipment and technology. The initiative aims to increase processing capacity and productivity wh

 

Specific program details will be available upon the program’s launch in the spring of 2022.

 

Source:  Ontario Ministry of Agriculture, Food and Rural Affairs November 15, 2021 news release

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Submitted by Eduardo on 19 January 2022