GUELPH, ON – Grain Farmers of Ontario, the province‘s largest commodity organization, representing Ontario‘s 28,000 barley, corn, oat, soybean and wheat farmers is now accepting applications for the 2020 Grains Innovation Fund. The Grains Innovation Fund supports the development of novel new uses for Ontario grains and encourages innovation from Ontario companies.
The Fund is an opportunity for organizations with innovative projects or programs that use Ontario grains. Projects that satisfy the eligibility criteria for the Grains Innovation Fund can receive up to 60% of the cost of the project, up to a maximum of $50,000.
“The Grains Innovation Fund, officially launched in 2010, has supported 45 projects to date with over $1.2 million in funding,” says Nicole Mackellar, market development manager at Grain Farmers of Ontario. “The program is designed to help support companies who are interested in using local ingredients in their products and supporting local farmers. From product development to marketing campaigns to website design, the program is designed to help companies share the story of their use and support of local grain.”
Eligible projects must either open new markets for Ontario grains, expand the use and demand for Ontario grains, promote Ontario grains as the best choice, identity preserve varieties for novel uses, and/or increase the value (premiums) for Ontario grains.
“We are pleased to support new initiatives and growth opportunities this year through the fund and invite all companies with new and exciting products to apply” says Mackellar. “Last years success stories include a pioneering blockchain project as well as a project expanding demand for Ontario corn through growing overseas markets for Ontario corn fed beef.”Source : GFO