How much funding can be received?

Funds up to 50% of admissible expenses, capped at $30000 per project.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the Product and Market Development Program — Agri-Businesses?

Product and Market Development Program — Agri-Businesses is funded by Sustainable Canadian Agricultural Partnership (SCAP), Government of Prince Edward Island, Department of Agriculture

What are Product and Market Development Program — Agri-Businesses's eligibility criterias?

The applicant must be a small to medium-sized agricultural producer, agri-business, or agri-processor. Eligible entities also include Mi’kmaq First Nations, other Indigenous groups, and agriculture industry organizations. Other applicants may be considered upon request.

Product and Market Development Program — Agri-Businesses

grant_single|update January 24, 2025

PE, Canada

Money to help agri-businesses in Prince Edward Island grow

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Grant and Funding

grant_single|eligibleIndustries

Agriculture, forestry, fishing and hunting

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Sustainable Canadian Agricultural Partnership (SCAP)
Government of Prince Edward Island
Department of Agriculture

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grant_card_status|open

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Small and medium-sized agricultural producers, agri-businesses and agri-processors can apply for up to $30,000 to cover 50% of the costs of expanding their product base or target markets.

grant_single_labels|terms_and_conditions

This grant offers structured financing options to support product and market development initiatives for eligible participants in the agricultural sector. Funding modalities are determined based on specific project activities and categories of recipients.

Travel funding provides 50% of eligible travel expenses up to a maximum of $5,000 for individual agricultural producers, agri-businesses, and agri-processors over the duration of the Sustainable CAP Framework Agreement (2023-2028).
Provincial agriculture industry organizations are eligible for 75% of travel expense coverage up to $10,000 over the same period.
For other eligible expenses, the program covers 50% of costs up to $30,000 annually for individual agricultural producers, agri-businesses, and agri-processors.
Provincial agriculture industry organizations can receive 75% funding assistance for eligible expenses, capped at $30,000 per year.

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This program supports projects that help expand the competitiveness and market reach of small and medium-sized agri-businesses, producers, and processors. The eligible activities aim to develop new products, explore new markets, and adopt clean technologies to boost innovation.

Purchase of machinery and equipment for production expansion.
Attendance at trade shows to explore entry into new markets.
Investigative travel to assess emerging market opportunities.
Incoming buyer missions to gather export market intelligence.
Research activities aimed at exploring and entering new markets.
Feasibility studies related to product delivery mechanisms.
Translation and legal consultation for new market entry.
Consulting for applied market research and value chain development.
Mentoring and training on logistics of product delivery from farm to market.
Commercialization and adoption of innovative products, technologies, or practices.
Development of marketing plans and strategies.
Consulting services for analyzing emerging market trends.
Development activities for new products, including professional services and recipe development.
Purchase of equipment for packaging and labeling of new products.
Design and initial printing of new product packaging.
Brand development initiatives.
Conducting focus groups for project attribute development.
Analytical testing to ensure product quality and standards.
Travel and transportation costs related to market exploration.
Design and first printing of promotional materials for new products.

grant_single|admissibleProjectsExample

$ 30,000

Expanding market of artisanal cheeses through innovation and training

$ 30,000

Introducing sustainable packaging for local food products through research and innovation

$ 30,000

Developing advanced bee-hive monitoring systems to enhance honey production

$ 25,000

Innovating hydroponic systems for urban farming

$ 30,000

Launching a new line of gluten-free bakery products and staff training

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Eligibility for this grant is determined by specific requirements related to the applicant's profile.

Mi’kmaq First Nations and other Indigenous groups.
Agricultural producers.
Small to medium-sized agri-businesses.
Small to medium-sized agri-processors.
Agriculture industry organizations, clubs, and associations.
Others may be considered upon request.

grant_eligibility_criteria|who_can_apply

Eligible applicants for the Product and Market Development Program include Mi'kmaq First Nations and other Indigenous groups, small to medium-sized agricultural producers, agri-businesses, and agri-processors, as well as agriculture industry organizations, clubs, and associations. Additionally, other parties may be considered upon request.

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While the eligibility criteria are detailed, specific exclusions are mentioned under ineligible activities or expenses. The grant focuses on certain strategic sectors, and indirectly, some companies might find themselves ineligible based on their main activities.

Companies involved in normal and on-going operating and maintenance activities.
Industries related to aquaponic food production, or aquaculture, seaweed, fish and seafood production and processing, excluding international marketing and traceability activities for fish and seafood.
Local branding initiatives that could lead to competition with another province or territory.
Businesses relying on activities providing tax credits or rebates.
Companies focusing on development and enforcement of regulations.
Entities requiring funding for meal expenses, replacement of old equipment, or freight.

grant_eligibility_criteria|eligible_expenses

The Product and Market Development Program supports activities that enhance market competitiveness for small and medium-sized agricultural entities. Eligible projects involve expanding markets and product offerings through strategic development actions.

Purchase of machinery and equipment for new market exploration.
Attending trade shows to explore new markets.
Investigative travel to investigate emerging market opportunities.
Incoming buyer missions for gathering market intelligence.
Conducting research to explore new and emerging markets.
Feasibility studies related to product delivery.
Translation and legal consultation for product marketing in new markets.
Consulting or business coaching on market research and value chain development.
Mentoring and training on logistics from farm gate to market.
Commercialization of new products, technologies, practices or processes.
Development and implementation of marketing plans.
Consulting on market trends and opportunities analysis.
Development of new products including professional services and process development.
Recipe development, including food trials, testing, and consultant fees.
Purchase of equipment for processing, packaging, and labeling new products.
Design and initial printing of packaging materials.
Brand development initiatives.
Conducting focus groups for project attribute development.
Analytical and quality testing activities.
Covering travel and transportation costs related to project activities.
Design and initial printing of promotional materials.

grant_eligibility_criteria|zone

This grant is specific to Prince Edward Island as it supports market development activities within the region and related intra-jurisdictional projects. Eligible companies would therefore need to operate within or be closely tied to this geographical area.

Intra-jurisdictional projects related to Prince Edward Island.

grant_single_labels|criteria

There are evaluation and selection criteria for this grant. The grant applications will be assessed based on the following criteria:

Financial viability of the project
Potential for economic impact
Innovativeness and uniqueness of the project
Alignment with grant objectives and priorities
Capacity of the organization to execute the project

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Here are additional relevant details for this grant:

Capital equipment costs support is discretionary and subject to criteria contained within the Bilateral Agreement.
Projects that contribute to increasing public trust may qualify for additional funding.
Projects demonstrating benefits and impacts to multiple Atlantic provinces may be considered for regional funding.
An evaluation of the program will be conducted to ensure the achievement of objectives and determine the relevance of its renewal.
Projects must adhere to the guiding principle of considering the needs of under-represented groups wherever possible.