Agriculture Research and Innovation — Applied Research (Agribusiness and Academic Institutions)

Up to $40,000
Type
GRANTS AND FUNDING
Application Difficulty
MEDIUM
Time To Complete4 weeksProgram Budgetno cap
See If You Qualify

Highlights

This program is designed for you. It offers financial support to help your business grow and innovate. By applying, you can access funding for research and technology projects that will boost your productivity and profitability.

What You Get

  • Funding for applied research to develop new production methods and fill information gaps.
  • Support for technology adoption to improve efficiencies and profit margins.
  • Coverage for various expenses including salaries, consulting fees, equipment rental, and more.

Why Apply?

  • Government-backed financing ensures stability and reliability.
  • Flexible use of funds for diverse projects like pest management, crop and livestock development, and climate change adaptation.
  • Easy qualification for eligible businesses, making it accessible and beneficial for your growth.

Being approved for this program will provide you with the resources needed to tackle industry challenges and seize new opportunities, ensuring your business stays competitive and innovative.

Financing Details

Type of Financing: Grant

Eligible Expenses:

  • Variety and/or crop research trials
  • Crop and livestock development research
  • Pest management research
  • Climate change-related crop and livestock research
  • Short-to-medium term scientific knowledge gap projects
  • Information sharing and knowledge transfer activities
  • Salaries and consulting fees
  • Equipment rental and monitoring equipment
  • Project-related travel
  • Materials and supplies
  • Analytical laboratory fees
  • Administration costs

Use of Funds:

  • Funds can be used for applied research and technology advancement in agriculture.
  • Cannot be used for non-research-related expenses or activities unrelated to agricultural innovation and technology.

Fees:

  • No fees associated with the grant application or administration.

Qualifications

  • Must be one of the following:

    • Mi’kmaq First Nations and other Indigenous groups
    • Agricultural producers
    • Small to medium-sized agri-businesses
    • Agriculture industry organizations, clubs, and associations
    • Public, private, and academic research bodies
    • Municipal and provincial governments
    • Others as approved by the respective review committees
  • Business must be operating in Prince Edward Island.

  • Disqualifications:

    • None explicitly mentioned in the provided context.

Description

This program offers your business a great chance to grow and innovate. You can receive funding to support applied research and adopt new technologies. This can help you address challenges, seize opportunities, and boost your competitiveness.

You can get financial support for:

  • Researching new crop varieties and livestock development
  • Managing pests and adapting to climate change
  • Sharing information and transferring knowledge
  • Renting equipment and covering consulting fees

The funding can also be used for:

  • Implementing new technologies on your farm
  • Demonstrating and evaluating innovative practices
  • Adapting existing equipment for new uses

This program can cover a wide range of expenses, including salaries, travel, and materials. It’s designed to help you improve efficiency and increase profit margins. Take advantage of this opportunity to enhance your business and stay ahead in the agriculture industry.

Program Steps

  1. Complete the Application Form:

    • Provide your contact information.
    • Include your business or organization information, including CRA registration number.
    • If applicable, provide partnership information.
    • Specify the project start and end date.
    • List additional sources of project funding.
    • Identify the recipient type (e.g., primary producer, agricultural landowner, processor).
    • Indicate the type of industry (e.g., dairy, potato, beef, hog, grains, and oilseeds).
    • Sign the declaration and consent to personal information.
    • Optionally, provide demographic information.
  2. Prepare Required Documentation:

    • Project Proposal (1-2 pages) including:
      • Cover page
      • Executive summary
      • Project objectives
      • Timeline
      • Results
      • Sustainable CAP Outcome
      • Climate change/carbon sequestration
      • Budget
      • Evaluation
      • Communication of support (if applicable)
  3. Gather Additional Documents:

    • Financial statements
    • Business plans
    • Quotes for equipment or services
    • Any other supporting documents that demonstrate the project's feasibility and potential benefits.
  4. Submit the Application:

    • Ensure all sections of the application form are completed.
    • Attach the prepared documentation.
    • Submit the application to the PEI Department of Agriculture.
  5. Await Review and Feedback:

    • The review committee will evaluate your application.
    • Be prepared to provide additional information if requested.
  6. Approval and Implementation:

    • Upon approval, review the terms and conditions.
    • Begin the project as outlined in your proposal.
    • Ensure compliance with all reporting and monitoring requirements.
  7. Contact for Assistance:

    • If you have questions or need further assistance, contact the PEI Department of Agriculture at (902) 368-4880 or email [email protected].
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