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Agri-Tech Innovation Initiative : Stream 3

Up to $100,000
Type
Application Difficulty
EASY
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

This program is tailored specifically for processing businesses like yours in Ontario’s agri-food sector. By applying, you can access funding for energy-efficient technologies that will help lower your energy costs and reduce greenhouse gas emissions. This is not just about meeting industry standards—it's a smart business move that can lead to substantial savings and increased productivity.

The application process is straightforward, with no strict revenue or employee requirements. This opens the doors for any processing business to benefit. Imagine investing in new equipment or improving your operations without the financial burden. The funding can cover essential upgrades that make your business more sustainable and cost-effective, benefiting both your bottom line and the environment.

Approving your application means empowering your business to grow and thrive while embracing a greener future. Don’t miss out on this chance to enhance your operations easily and make a positive impact.

Financing Details

Type of Financing

You’ll receive grants to support your business. These funds are designed to enhance growth and productivity in Ontario’s agri-food sector.

Funding Details

  • Repayment: There are no repayment terms or interest rates associated with grant funding. This means you don’t have to pay it back.

  • Eligible Expenses: You can use these funds for purchasing energy-efficient equipment, upgrading water consumption technologies, and improving building energy efficiency. Essentially, it’s all about improving how you process and manage resources.

  • Ineligible Expenses: The funds cannot be used to cover costs unrelated to energy efficiency improvements or any operational costs that don’t directly enhance productivity or safety in your processes.

  • Fees: There are no fees associated with accessing this funding. You get the support without hidden costs.

This is a great opportunity to invest in your business without the worry of repayment.

Qualifications

  • Location: Business must be located in Ontario.
  • Sector: Business must be a processing business in the agri-food sector.
  • Employees: No minimum or maximum employee requirements.
  • Company Revenue: No minimum or maximum revenue requirements.
  • Legal Structure: All legal structures are applicable.
  • Profit Structure: All profit structures are applicable.

Disqualifications:

  • None specified.

Description

This program is designed to help boost the growth and productivity of your processing business in Ontario’s agri-food sector. With support for energy-efficient technologies, you can significantly reduce your energy costs and lower greenhouse gas emissions. This not only helps your bottom line but also contributes to a healthier environment.

You could receive funding to purchase energy-efficient equipment, upgrade water consumption technologies, or improve your building's energy efficiency. This means you can invest in tools that not only make your operations more sustainable but also more cost-effective over time.

The best part is that there are no strict conditions around revenue or employee numbers. This means any processing business can take advantage of the funding, making it an accessible option for you to enhance your business operations. Investing in these technologies now could lead to substantial savings and growth in the future.

Program Steps

  1. Visit the Program Website
    Go to the official website for the program to find detailed information about the application process.

  2. Gather Required Documentation
    Prepare the following documents you will need to apply:

    • Business registration documents
    • Proof of business location in Ontario
    • Financial statements (if applicable)
    • Quotes for energy-efficient equipment or technologies you plan to purchase
    • A detailed plan outlining how the funding will improve your business's energy efficiency and productivity
  3. Complete the Application Form
    Fill out the application form provided on the website, ensuring all sections are filled accurately.

  4. Submit Your Application
    Review your application and submit it online through the designated portal. Make sure to double-check for any required signatures or additional paperwork.

  5. Await Confirmation
    After submitting, keep an eye out for a confirmation email regarding your application status. This may take some time, so patience is key.

  6. Respond to Any Follow-Up Requests
    Be prepared to provide any additional information or clarification if requested by the program administrators.

  7. Receive Funding Decision
    Once reviewed, you will be notified of the funding decision. If approved, further instructions will be provided on how to access the funds.

Visit Program Website