More funding is being set aside to help Ontario agri-food businesses expand.
The provincial and federal governments are investing as much as $6-million through the Sustainable Canadian Agricultural Partnership to help those in the agriculture industry expand into domestic and foreign markets.
The Grow Ontario Market program is a new, cost-share initiative that will support food and beverage processors, farm businesses, and agri-food sector organizations. Examples of eligible projects could include market analysis and planning, product development activities, or new market-entry promotional efforts to expand opportunities for Ontario food products.
Applicants can receive up to 50 per cent cost share for eligible costs, to a maximum of $60,000 per business for producers and food and beverage processors, and up to $125,000 for sector organizations. Eligible businesses can apply for support starting May 19, 2023. Applications will continue to be accepted as long as funding is available.
The Grow Ontario Market initiative was developed following discussions with agri-food sector businesses and sector organizations, and will be delivered by the Ontario Ministry of Agriculture, Food, and Rural Affairs.
Source : 99.1CKXS