This program is designed specifically for businesses like yours, offering non-repayable contributions for product development projects. This means you can access funds without the burden of repayment, making it a valuable opportunity to innovate and grow your business.

Key Benefits:

• Financial Support: Access funds for new or innovative product development, reformulating existing products, and technology transfer projects.
• Expert Consultation: Receive advice from specialists in management, market research, dairy and food science, technical services, and food processing.
• Product Development: Support for product analysis, trials, technology adoption, equipment retrofitting, and packaging techniques.

By participating in this program, you can enhance your product offerings, improve your processes, and stay competitive in the market. The application process is straightforward, and as an eligible business, you have a great chance of approval. This is a unique opportunity to leverage government-backed support to drive your business forward.

Type of Financing: Non-repayable Contribution

Repayment Term and Interest Rates: No repayment required for the contribution received, as it is non-repayable. There are no interest rates associated with this funding.

Eligible Expenses: The funds can be used for product development projects that stimulate demand for Canadian dairy products and ingredients. Eligible expenses include consultation services from specialists, product analysis, trials, technology transfer, adoption of new technologies, sample preparation costs, and packaging techniques.

Ineligible Expenses: The funds cannot be used for expenses unrelated to product development projects or activities that do not align with stimulating demand for Canadian dairy products and ingredients.

Fees: There are no fees associated with this program, as it offers a non-repayable contribution for eligible expenses.

This program offers non-repayable contributions for product development projects. This means you get financial support without the need to pay it back.

You can use the money to develop new or innovative products, reformulate existing ones, and transfer knowledge and technology. This support can cover costs like consulting with experts, product analysis, trials, and even retrofitting equipment.

The key benefits for your business include:

• Financial support for product development without repayment.
• Access to expert advice in management, market research, and food science.
• Support for technology adoption and equipment upgrades.

This program is designed to help your business grow and innovate, making it a valuable opportunity for you.

To apply for the program, follow these steps:

1. Gather Required Documentation:

• Business Registration or Incorporation Documents
• Financial Statements (last two years)
• Business Plan
• Project Proposal (including objectives, timelines, and budget)
• Quotes for Equipment or Services (if applicable)

2. Complete the Application Form:

• Access the online application form here.
• Fill in all required fields with accurate and detailed information.

3. Submit Supporting Documents:

• Upload the required documentation as part of your online application.
• Ensure all documents are clear and legible.

4. Review and Confirm Application:

• Double-check all information and documents for accuracy.
• Confirm submission of the application form and supporting documents.

5. Contact the Program Office:

• For any questions or assistance, contact the toll-free number 1-866-366-0676 or email [email protected].

6. Await Application Review:

• The program office will review your application and may contact you for additional information or clarification.

7. Receive Approval and Funding:

• Upon approval, you will receive details on the funding amount and terms.
• Follow the instructions provided to access and utilize the funds for your project.

By following these steps, you can successfully apply for the program and take advantage of the support offered for your business's growth and innovation.