Grants up to $10 million in Retroactive Funding
Funding for Cow, Ewes, Goat and Water Buffalo Milk Processors
The Dairy Processing Investment Fund is offering up to 50% grant funding to Canadian dairy processors (including processors whose products use a significant amount of milk) and up to 75% to not-for-profit organizations to a maximum of $10 million towards adapting to market changes resulting from the Canada-European Union Comprehensive Economic and Trade Agreement (CETA). Eligible activities include construction or expansion of dairy processing establishments, improving manufacturing through purchasing and installing new equipment, hiring consultants related to plant improvements, and market development (e.g., planning strategies and investments, identifying best practices). Eligible costs are those which are directly related to the project, such as: the purchasing of assets, consulting fees, salaries/benefits for employees, etc. To be eligible for funding, the applicant must prove that their project did not start before November 10, 2016. All projects must be completed by March 21, 2021.
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