Product and Market Development Program — Agri-Businesses
Charlottetown, PE, Canada
Money to help agri-businesses in Prince Edward Island grow
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
grant_single|grantors
- Government of Prince Edward Island
- Sustainable Canadian Agricultural Partnership (SCAP)
- Department of Agriculture
grant_single|status
grant_card_status|open
grant_single_labels|preview
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|projects
This grant is designed for agricultural producers, agri-businesses, and agri-processors located specifically within Prince Edward Island (PEI). The program is administered by the PEI Department of Agriculture, suggesting a focus on this geographical area.
- Companies operating within Prince Edward Island (PEI).
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
grant_single_labels|admissibility
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.
grant_eligibility_criteria|who_cannot_apply
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
The Product and Market Development Program includes several eligible expenses aimed at supporting the growth and market expansion of small and medium-sized agricultural businesses.
- Purchase of machinery and equipment.
- Attending a trade show for a new market (but not exhibiting).
- Exploring and investigative travel to new or emerging markets.
- Incoming buyer missions for gathering market intelligence from export markets.
- Research to explore new and emerging markets.
- Feasibility studies related to product delivery.
- Translation and legal consultation for marketing a product in a new market.
- Consulting or business coaching on applied market research and value chain development.
- Mentoring and training in logistics for delivering PEI products from farm to market.
- Commercialization and adoption of new products, technologies, practices, or processes.
- Marketing plan development activities.
- Consulting services analyzing new and emerging market trends and opportunities.
- Development of new products including professional services, process and recipe development.
- Purchase of equipment for processing, packaging, and labeling new products.
- Design and first printing of packaging and promotional materials.
- Brand development.
- Focus groups for developing project attributes.
- Analytical and quality testing.
- Travel and transportation costs.
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
grant_single_labels|register
- Step 1: Review Program Guidelines
- Read the Product and Market Development Program guidelines thoroughly.
- Ensure that your business and activities are eligible under the program.
- Step 2: Gather Required Information
- Collect all necessary information such as your business contact details and CRA registration number.
- Identify the industry type and recipient category applicable to your application.
- Prepare a project proposal that includes a cover page, executive summary, project objectives, timeline, results, budget, and other details as specified.
- Step 3: Complete the Application Form
- Fill out the application form with accurate and complete information.
- Ensure all sections such as project start and end date, additional funding sources, and recipient type are completed.
- Sign the declaration and consent to personal information section.
- Step 4: Submit the Application
- Send your completed application either via email or regular mail.
- If submitting by email, address it to PMD@gov.pe.ca, and include the program name in the subject line.
- If submitting by regular mail, send it to the PEI Department of Agriculture at 11 Kent Street, PO Box 2000, Charlottetown PE C1A 7N8.
- Step 5: Await Confirmation
- Wait for a confirmation of receipt from the PEI Department of Agriculture.
- Retain any confirmation or correspondence for your records.
grant_single_labels|otherInfo
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.
grant_single_labels|contact
PMD@gov.pe.ca
(902) 368-4880
Apply to this program
Expanding Horizons for Agri-Businesses in PEI
The Product and Market Development Program offers funding to enhance the competitiveness of agricultural producers and businesses within Prince Edward Island and beyond. By supporting initiatives that develop new products and explore emerging markets, this program seeks to foster growth and innovation across the agri-food sector.
Deep Dive into the Product and Market Development Program
The Product and Market Development Program is an initiative under the Sustainable Canadian Agricultural Partnership, aiming to bolster the growth of small and medium-sized enterprises (SMEs) within the agricultural sector. This initiative is specifically tailored to assist agri-businesses and agri-processors in extending their reach both domestically and internationally, with a strong emphasis on value-added products and advanced agri-food processing projects. The program supports activities that strategically position these businesses in competitive markets, encouraging them to adopt cutting-edge technologies and sustainable practices.
This program is particularly significant for businesses seeking to harness new market opportunities. By emphasizing innovation and sustainability, it ensures that projects are not only competitive but also built on forward-thinking principles. Projects that integrate clean technologies or facilitate knowledge adoption are given special consideration, reflecting the program's commitment to environmental stewardship and innovative growth. Eligible activities are diverse, encompassing the purchase of new machinery, investigative travel to budding markets, and in-depth feasibility studies to understand new opportunities. These activities aim to enable participants to rigorously research, plan, and execute market development strategies with informed precision.
In terms of funding, the Product and Market Development Program provides substantial financial support to eligible activities, alleviating financial burdens for qualifying recipients. For those embarking on investigative travel, the program offers up to $5,000 for individual enterprises and $10,000 for provincial industry organizations, covering a significant portion of eligible expenses. Beyond travel, it extends support for a vast array of business activities up to $30,000 annually, offering as much as 50% for agricultural producers and processors, and 75% for provincial organizations. This scalable support structure ensures that both small and medium-sized firms, as well as larger organizations, can tailor their project funding to suit their unique needs and capacities.
Crucially, the program is embedded within broader sustainable agricultural strategies, contributing to long-term sectoral resilience and innovation. It is meticulously aligned with federal-provincial priorities, encouraging collaboration across jurisdictions. Additionally, recipients are expected to adhere to rigorous evaluation criteria and reporting processes, ensuring transparency and accountability.
Overall, the Product and Market Development Program represents a pivotal opportunity for agri-businesses in Prince Edward Island to expand their market presence and enhance product offerings while adhering to sustainable practices. By actively participating in this program, businesses not only access critical financial resources but also become part of a broader movement towards sustainable agricultural innovation and economic development.