Product and Market Development Program — Agri-Businesses
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
- Sustainable Canadian Agricultural Partnership (SCAP)
- Government of Prince Edward Island
- 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|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.
grant_single_labels|projects
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
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
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
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
