PEI — Business Development Program
PE, Canada
Business training and planning funding for agri-businesses in Prince Edward Island
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- grant_single|timelineUnspecified
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Grant and Funding
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- Government of Prince Edward Island
- Department of Agriculture and Land (PEI)
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grant_card_status|open
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The grant program offers a maximum funding amount of CAD 100,000, aimed at supporting innovative technology projects that enhance productivity and competitiveness in the Canadian market. Eligible activities include research and development, prototype testing, and commercialization efforts.
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The Business Development Program provides funding for a variety of projects and activities aimed at enhancing the agricultural sector through training, business planning, organizational development, and benchmarking.
- Skills training for agricultural producers and farm employees
- Group training sessions for agri-processors and agri-businesses
- Business, financial, and operations management activities
- Performance measurement and comparison to industry standards
- Development of projects to expand domestic and international markets
- Organizational development activities for agriculture industry organizations
grant_single|admissibleProjectsExample
$15,000
Benchmarking cattle ranching operations against industry standards
$70,000
Expanding the domestic market for organic strawberries
$60,000
Launching a skills training program for dairy farm employees
$15,000
Creating a business plan for a new farm-to-table restaurant
$15,000
Risk management training for vegetable growers
$70,000
Organizational development for the Maritime Grain Producers Association
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The Business Development Program specifies eligibility criteria for each of its four sub-programs. Below are the summarized criteria for each sub-program:
- Training Sub-Program:
- Mi’kmaq First Nations and other Indigenous groups
- Agricultural producers
- Farm employees
- Small to medium-sized agri-businesses
- Agri-processors
- Agriculture industry organizations, clubs, and associations
- Others may be considered upon request
- Business Planning Sub-Program:
- Mi’kmaq First Nations and other Indigenous groups
- Agricultural producers
- Small to medium-sized agri-businesses
- Agri-processors
- Agriculture industry organizations, clubs, and associations
- Others may be considered upon request
- Benchmarking and Risk Management Sub-Program:
- Mi’kmaq First Nations and other Indigenous groups
- Agricultural producers
- Small to medium-sized agri-businesses
- Agri-processors
- Agriculture industry organizations, clubs, and associations
- Others may be considered upon request
- Building Sector Capacity Sub-Program:
- Mi’kmaq First Nations and other Indigenous groups
- Agriculture industry organizations, clubs, and associations
- Municipal and provincial government
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Yes. The Business Development Program has specific types of eligible companies that can apply for funding:
- Agricultural producers
- Small to medium-sized agri-businesses
- Agri-processors
- Agriculture industry organizations, clubs, and associations
- Mi’kmaq First Nations and other Indigenous groups
- Municipal and provincial government
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Some types of companies may not be eligible for this grant. These can include:
- Non-profit organizations
- Government entities
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The Business Development Program covers a range of eligible expenses aimed at enhancing the capacity of agricultural producers and businesses in PEI.
- Skills training
- Business planning
- Organizational development
- Benchmarking activities
- Risk management activities
- Market expansion initiatives
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The Business Development Program is designed to support the agriculture sector specifically in Prince Edward Island (PEI).
- Prince Edward Island (PEI)
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- Step 1: Obtain the Application Form and Appendices
- Visit the PEI Department of Agriculture's website or contact them via email or phone to get the Business Development Program General Application Form and the required appendices relevant to the sub-program you're applying for.
- Step 2: Collect Applicant Information
- Prepare your contact information, including business or organization details, CRA registration number, and partnership information if applicable.
- Step 3: Define the Project
- Specify the project start and end date.
- Step 4: Identify Additional Funding Sources
- List any other sources of funding that will be used for the project.
- Step 5: Classify Recipient and Industry Type
- Identify the recipient type (primary producer, agricultural landowner, processor) and the type of industry (dairy, potato, beef, hog, grains and oilseeds).
- Step 6: Provide Declaration and Consent
- Sign the application form to declare and give consent for personal information.
- Step 7: Submit Demographic Information (optional)
- Provide optional demographic information if desired.
- Step 8: Complete Relevant Appendices
- Complete respective appendices according to the sub-program you're applying for, for example:
- Appendix A: Training Sub-Program (Agri-Skills Individual Training)
- Appendix B: Group Training, Organizational Development, Benchmarking, Business Planning
- Step 9: Submit the Application
- Send the completed application form along with the required appendices to the PEI Department of Agriculture at the given address or via the provided contact details.
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It is important for grant applicants to know about potential administrative and compliance obligations.
- Applicants may be required to demonstrate financial stability through audited financial statements.
- There could be specific language requirements for documentation and reports, especially if the grant is federally managed and covers bilingual regions.
- Partnership or collaboration with other organizations might be encouraged to enhance project scope and impact.
- Applicants may need to outline sustainability measures to ensure project continuity beyond the grant term.
Apply to this program
Business Development Program for PEI Agriculture Sector
The Business Development Program provides funding for training, business planning, risk management, and other initiatives to enhance productivity and competitiveness in Prince Edward Island's agriculture sector. The program aims to support agricultural producers, small to medium-sized agri-businesses, and industry organizations in improving their business practices and financial performance.
Comprehensive Guide to the Business Development Program
The Business Development Program is a critical initiative designed to bolster the agriculture sector in Prince Edward Island (PEI). This program, which is part of the Sustainable Canadian Agricultural Partnership (Sustainable CAP), is a collaborative effort between federal, provincial, and territorial governments, encompassing a $3.5 billion, 5-year agreement from April 1, 2023, to March 31, 2028. Within this framework, the Business Development Program stands out by providing essential funding aimed at fostering competitiveness, innovation, and resilience among agricultural producers, agri-businesses, and industry organizations in PEI.
Purpose and Objectives
The primary objective of the Business Development Program is to enhance the capacity of the agriculture sector to manage their financial performance, respond to market changes, and maximize the use of comprehensive risk management options. The program is designed to adopt a holistic approach, facilitating the development of sound business practices through four distinct sub-programs:
- Training Sub-Program
- Business Planning Sub-Program
- Benchmarking & Risk Management Sub-Program
- Building Sector Capacity Sub-Program
Training Sub-Program
The Training Sub-Program focuses on elevating the skill set within the agriculture sector by funding tailored training initiatives. This sub-program includes three specific categories:
- Agri-Skills Individualized Training
- Group Training for Agricultural Producers, Agri-Processors, and Agri-Businesses
- Organizational Development
Eligible recipients for this sub-program include Mi’kmaq First Nations and other Indigenous groups, agricultural producers, farm employees, small to medium-sized agri-businesses, agri-processors, and agriculture industry organizations. The aim is to provide targeted training that addresses specific needs and enhances overall industry standards and practices.
Business Planning Sub-Program
Recognizing the importance of strategic planning, the Business Planning Sub-Program offers support to agricultural producers, small to medium-sized agri-businesses, and agriculture organizations in areas like business, financial, and operations management.
Eligibility for this sub-program extends to Mi’kmaq First Nations and other Indigenous groups, agricultural producers, small to medium-sized agri-businesses, agri-processors, and agriculture industry organizations. This support is crucial for enhancing operational efficiency and fostering sustainable growth.
Benchmarking & Risk Management Sub-Program
The Benchmarking and Risk Management Sub-Program facilitates projects that build capacity for measuring performance against industry standards and managing risks. By providing tools and methodologies for benchmarking, this sub-program helps industry players make informed decisions and adopt best practices.
Eligible recipients include Mi’kmaq First Nations and other Indigenous groups, agricultural producers, small to medium-sized agri-businesses, agri-processors, and agriculture industry organizations. This category ensures that participants can effectively measure their performance and mitigate risks through strategic initiatives.
Building Sector Capacity Sub-Program
Finally, the Building Sector Capacity Sub-Program addresses sector-specific priorities, such as expanding market reach both domestically and internationally. Projects under this sub-program are designed to enhance capacity and adaptability within the agriculture sector, helping it respond to changes and seize new opportunities.
Eligibility criteria for this sub-program include Mi’kmaq First Nations and other Indigenous groups, agriculture industry organizations, clubs, associations, municipal and provincial governments. This broad eligibility ensures a comprehensive approach to building sector capacity and achieving collective growth.
Application Process and Requirements
To apply for the Business Development Program funding, applicants must complete the General Application Form and the relevant appendices, depending on which sub-program they are applying for. The application process is straightforward and requires the following information:
- Applicant contact information
- Business or organization information, including CRA registration number
- Project start and end dates
- Additional sources of project funding
- Recipient type (e.g., primary producer, agricultural landowner, processor)
- Type of industry (e.g., dairy, potato, beef)
- Signature for declaration and consent to personal information
- Demographic information (optional)
Alongside the General Application Form, specific appendices must be downloaded and completed based on the sub-program of interest:
- Appendix A: Training Sub-Program (Agri-Skills Individual Training)
- Appendix B: Group Training, Organizational Development, Benchmarking, Business Planning
For more detailed guidance, applicants are encouraged to consult the Business Development Program Guidelines.
Contact Information
For any questions or additional support, applicants can contact the PEI Department of Agriculture at:
- Address: 11 Kent Street, PO Box 2000, Charlottetown PE C1A 7N8
- Telephone: (902) 368-4880
- Email: businessdevelopment@gov.pe.ca
The Sustainable Canadian Agricultural Partnership represents a significant investment in the future of Canada’s agriculture sector. Through the Business Development Program, stakeholders in PEI's agriculture industry are provided with the resources and support needed to thrive in a competitive and ever-evolving market. The program's comprehensive approach ensures that agricultural producers, agri-businesses, and industry organizations can enhance their business practices, improve financial performance, and adapt to changing market conditions effectively.
Whether through tailored training, strategic business planning, effective benchmarking and risk management, or capacitive-building projects, the Business Development Program is a crucial resource for fostering long-term sustainability and growth in PEI’s agriculture sector. Potential applicants are encouraged to utilize this opportunity to its fullest, ensuring that they can navigate the challenges and seize the opportunities presented in the modern agricultural landscape.
