grant_single_labels|summary

grant_single|eligibleFinancing
  • grant_single|noCondition
grant_single|deadlines
  • grant_single|openingDateNovember 14, 2019
grant_single|financingType
Loans and Capital investments
grant_single|eligibleIndustries
  • Agriculture, forestry, fishing and hunting
  • Manufacturing
  • Wholesale trade
grant_single|grantors
  • Farm Credit Canada (FCC)
  • Government of Canada
grant_single|status
grant_card_status|open

grant_single_labels|preview

<p>Get financial support to grow or expand your food-related business at any stage of its life cycle, with access to specialized networks and expertise.</p>

grant_single_labels|terms_and_conditions

FCC's Food & Beverage Financing provides a comprehensive range of financing solutions tailored to businesses within the food industry, focusing on growth and innovation. These targeted financing options ensure businesses can efficiently access the resources they need to achieve their strategic goals.
  • Diversification to support industry expansion and market penetration.
  • Equipment and inventory financing for operational efficiency and capacity enhancement.
  • Expansion and construction loans to facilitate infrastructure development.
  • Real property loans for acquiring or refinancing real estate assets.
  • Start-up loans designed to support new business ventures in the food sector.
  • Mergers and acquisitions financing for strategic business expansions.
  • Stretch debt and cash flow loans to manage financial liquidity.
  • Syndicated lending options for large scale or complex financial needs.
  • Access to venture capital for innovative and high-growth potential businesses.

grant_single_labels|projects

The Food & Beverage Financing initiative by FCC supports a broad range of industries within the food sector, providing versatile financing options to help businesses grow and become more competitive. Eligible projects focus on various facets of food processing, manufacturing, and distribution.
  • Financing for abattoirs and meat processors seeking to expand operations.
  • Support for commercial bakeries investing in new equipment or facilities.
  • Assistance for food processors and manufacturers in enhancing production capabilities.
  • Funding for frozen food, blending, and milling businesses exploring new market opportunities.
  • Investment support for grain and oilseed processing enterprises aiming for capacity growth.
  • Financial aid for packaging companies to innovate and become more sustainable.
  • Loan options for seafood businesses planning expansions or upgrades.
  • Speciality foods companies seeking to diversify their product offerings.
  • Capital for wholesale and distribution companies to improve logistics capabilities.
  • Support for wineries and distilleries aiming to expand market reach or product lines.
grant_single|admissibleProjectsExample

$ 50,000

Developing a mobile app for farmers to sell direct to consumers

$ 60,000

Expanding organic food delivery services

$ 70,000

Launching a new line of gluten-free bakery products

grant_single_labels|admissibility

The FCC financing is available to various companies within the agriculture and food industry in Canada, with specific criteria relating to the type of business.
  • The applicant must be operating within the agriculture and food industry.
  • The type of businesses eligible include abattoirs, meat processors, commercial bakeries, food and beverage equipment companies, food processors, manufacturers, grain and oilseed processors, packaging companies, seafood businesses, specialty food companies, wholesalers, distributors, wineries, and distilleries.
  • The applicant must be seeking financing for diversification, equipment and inventory, expansion, construction, real property, start-ups, mergers and acquisitions, stretch debt and cash flow requirements, syndicated lending, or venture capital.
  • The applicant may benefit from additional support services such as loan insurance and specialized loan products for women and young entrepreneurs.

grant_eligibility_criteria|who_can_apply

Farm Credit Canada (FCC) finances a diverse range of businesses within the agriculture and food industry, including abattoirs, meat processors, commercial bakeries, food and beverage equipment providers, food processors, manufacturers, frozen food businesses, grain and oilseed processors, packaging companies, seafood businesses, specialty food producers, wholesalers, distributors, wineries, and distilleries. This makes FCC financing accessible to a wide variety of enterprises in the Canadian food and beverage sector. The financing options cater to start-ups, growing businesses, and mature enterprises seeking to expand, diversify, or innovate. Additionally, specialized loans are available for Indigenous agriculture, women entrepreneurs, and young entrepreneurs.

grant_eligibility_criteria|eligible_expenses

The grant provides financing solutions aimed to support growth and expansion in the Canadian agriculture and food industry. Eligible activities focus on various aspects of food processing, production, and distribution.
  • Financing for abattoirs and meat processors to enhance operations.
  • Support for commercial bakeries to scale up production capabilities.
  • Investment in food and beverage equipment and advanced technology.
  • Expansion and modernization of food processors and manufacturers.
  • Development of facilities for frozen foods, blending, and milling.
  • Grain and oilseed processing and infrastructure development.
  • Enhancements in packaging systems and processes.
  • Investments in the seafood industry to boost production.
  • Support for speciality foods production and market expansion.
  • Facilitating growth in wholesale and distribution networks.
  • Expansion of wineries and distilleries for increased production capacity.

grant_eligibility_criteria|zone

This financing is available to food and beverage businesses throughout Canada. The funding is intended to support a wide range of enterprises, from startups to well-established companies across the country.
  • All regions across Canada.

grant_single_labels|otherInfo

Here are additional relevant details for applying for financing from FCC:
  • FCC positions itself as both a lender and a trusted partner, emphasizing a collaborative approach to financing.
  • They offer a diverse range of financing options tailored to various business needs, including mergers & acquisitions, diversification, and venture capital.
  • FCC provides specific loan options targeting Indigenous agriculture, women, and young entrepreneurs, highlighting inclusivity and support for diverse groups.
  • They provide loan advice and information, underscoring their role in not just financing but also guiding businesses through financial journeys.
  • FCC offers additional tools such as financial ratio calculators to help businesses assess their financial health.
  • The organization supports knowledge sharing by producing resources like the FCC Food & Beverage Report and newsletters.
  • FCC has extensive experience with more than 65 years in the industry, servicing over 102,000 customers, which implies strong industry connections and expertise.

grant_single_labels|documents

Food & Beverage Financing

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