Product and Market Development Program — Agricultural Industry Organizations
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
- Manufacturing
- Wholesale trade
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
Provincial agriculture industry associations can apply for funding of up to $30,000 to cover 75% of the costs to support growth and expansion of Prince Edward Island agriculture and agri-food businesses.
grant_single_labels|projects
The Product and Market Development Program is specific to Prince Edward Island, as indicated by the application submission address and focus on PEI market development activities. Additionally, intra-jurisdictional projects are considered, allowing collaboration across regions.
- Prince Edward Island, Canada.
- Intra-jurisdictional projects, indicating potential for collaboration across different regions.
grant_single|admissibleProjectsExample
$30,000
Modernization of dairy farm operations
$30,000
Starting a specialty cheese production unit
$30,000
Launching a farm-to-table initiative
$30,000
Organic vegetable greenhouse expansion
$28,500
Implementing a hydroponic system for urban farming
$30,000
Developing sustainable farming practices for grain production
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the applicant's profile.
- The applicant must be a Mi’kmaq First Nations group, another Indigenous group, an agricultural producer, a small to medium-sized agri-business, or a small to medium-sized agri-processor.
- Agriculture industry organizations, clubs, and associations are also eligible.
- Other applicants may be considered upon request.
grant_eligibility_criteria|who_can_apply
Eligible recipients for the Product and Market Development Program include 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 also be considered upon request.
grant_eligibility_criteria|who_cannot_apply
The eligibility criteria highlight several ineligible activities and expenses, indirectly indicating restrictions based on company activities. However, specific types of companies or industries that cannot apply are not outlined directly in the provided guidelines.
- Companies involved in aquaponic food production, aquaculture, seaweed, fish and seafood production and processing, except for certain international marketing activities.
- Companies or activities seeking funding for meals, hospitality, or event hosting.
- Businesses or projects focused on local branding that compete with other provinces or territories.
- Companies engaging in activities providing tax credits or rebates.
- Organizations involved in the development and enforcement of regulations.
grant_eligibility_criteria|eligible_expenses
The Product and Market Development Program facilitates the growth of agricultural entities by supporting a range of projects aimed at product and market expansion. These initiatives focus on innovation, knowledge adoption, and entry into new and emerging markets.
- Purchase of machinery and equipment for product development.
- Attending trade shows to explore new markets.
- Investigative travel to assess new market opportunities.
- Hosting missions for new buyers to gather market intelligence.
- Conducting research and feasibility studies for market exploration.
- Legal and translation services for new market entry.
- Consultation and business coaching for market research and value chain development.
- Mentoring and training in logistics from farm gate to market.
- Adoption and commercialization of innovative products and processes.
- Development of marketing strategies and promotional materials.
- Creation and testing of new products, including professional services and recipe development.
- Design and initial printing of packaging and branding materials.
- Facilitating focus groups for project attribute development.
- Analytical and quality testing of new products.
- Travel and transportation costs related to eligible activities.
grant_eligibility_criteria|zone
The program supports various eligible expenses aimed at expanding product and market development for small and medium-sized enterprises in the agricultural sector.
- Purchase of machinery and equipment.
- Attending a trade show once for a new market (but not exhibiting).
- Exploring new or emerging markets.
- Investigative travel to new or emerging markets.
- Incoming buyer missions from export markets for market intelligence purposes.
- Research for exploring new and emerging markets.
- Feasibility studies related to product delivery.
- Translation and legal consultation related to marketing a product in a new market.
- Consulting or business coaching on market research and value chain development.
- Mentoring and training on logistics from farm gate to market.
- Commercialization and adoption of new products, technologies, practices, or processes.
- Marketing plan development activities.
- Consulting services for analyzing market trends and opportunities.
- 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 first printing of packaging.
- Brand development.
- Focus groups for developing project attributes.
- Analytical and quality testing.
- Travel and transportation costs.
- Design and first printing of promotional materials.
grant_single_labels|criteria
There are evaluation and selection criteria for this grant. The evaluation criteria include financial need, feasibility of the project, potential impact, and alignment with grant objectives.
- Financial need
- Feasibility of the project
- Potential impact
- Alignment with grant objectives
grant_single_labels|register
Here are the steps to apply for this grant:
- Step 1: Prepare Application
- Ensure the project meets eligibility criteria and aligns with program guidelines.
- Gather required information and documentation, such as project proposal, budget details, and any supporting materials.
- Step 2: Application Submission
- Prepare a complete application package.
- Submit the application via email to PMD@gov.pe.ca, including the program name in the subject line.
- Alternatively, mail the application to the PEI Department of Agriculture at their given address.
- Step 3: Await Response
- Applications will be assessed on a first-come, first-served basis for merit and impact.
- Await communication from the department regarding the status of the application.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- Special consideration will be given to projects that incorporate knowledge adoption and clean technologies to enhance innovation.
- Support for capital equipment costs is at the discretion of the Department and must meet criteria within the Bilateral Agreement.
- Approved projects linked to increasing public trust may receive additional funding.
- Projects benefiting more than one Atlantic province may qualify for regional funding.
- Applicants must keep accurate records of expenditures and submit a final report detailing project results.
- Funds are distributed on a first-come, first-served basis until the annual allocation is exhausted.
- Assistance may be reduced based on project assessment and available funding.
grant_single_labels|contact
PMD@gov.pe.ca
(902) 368-4880
Apply to this program
Boost Your Agricultural Business with the Product & Market Development Program
The Product and Market Development Program aims to enhance the competitive edge of small to medium-sized agricultural enterprises, assisting them in broadening product offerings and tapping into new markets both domestically and internationally. This initiative offers financial support for a range of activities, including value-added processing projects and market development ventures.
Detailed Insight into the Product & Market Development Program and its Strategic Influence
The Product and Market Development Program is a targeted initiative within the Canadian agricultural sector, specifically tailored to support small and medium-sized enterprises (SMEs) in agriculture, agribusiness, and agri-processing. By providing financial assistance for innovative projects and strategic market expansions, the program not only fosters growth within these businesses but also aims to strengthen the overall competitiveness of the domestic and international agri-food industry. Its design considers the unique needs of SMEs, offering tailored support that helps these businesses adopt value-added practices and penetrate new markets.
This program covers a broad range of eligible activities and expenditures, making it versatile for various developmental needs. For instance, it funds the purchase of machinery and equipment essential for production enhancement, as well as marketing initiatives, like attending trade shows and market exploration activities aimed at understanding and entering new markets. Additionally, the program backs investigative travel, which is crucial for acquiring firsthand knowledge about potential markets, enabling businesses to make well-informed strategic decisions.
The program places a significant emphasis on innovation, particularly through the adoption of clean technologies and knowledge transfer initiatives. By prioritizing projects that integrate these elements, the program encourages the development of sustainable agricultural practices that can lead to significant advancements in productivity and energy efficiency. Furthermore, by encouraging the commercialization and adoption of new products and technologies, the program aims to spur innovation within the sector, ultimately contributing to the economic growth and sustainability of the industry.
A distinct feature of the program is its flexible funding approach, which provides financial assistance based on the type of recipient and the specific nature of their project. For instance, agricultural producers, agri-businesses, and agri-processors can receive up to 50% funding for eligible expenditures, capped at $30,000 annually. In contrast, provincial agriculture industry organizations may qualify for up to 75% funding for similar expenses. This differentiation in funding percentages acknowledges the varying capacities and impacts of different types of recipients, ensuring equitable support that meets diverse operational scales.
The step-by-step claims process and defined terms and conditions ensure a structured approach for applicants, enhancing transparency and precision in fund allocation. Applications undergo a merit-based assessment on a first-come, first-served basis until funds are depleted for the year, ensuring timely and impactful project execution.
The Product and Market Development Program also pays considerable attention to public trust and regional collaboration. Projects with clear links to enhancing public confidence in the agriculture sector or those demonstrating cross-regional benefits might secure additional funding or regional support enhancements. This not only nurtures public confidence but also promotes cooperative advancements across multiple provinces, fostering a more integrated and efficient agri-food sector.
By offering comprehensive support tailored to the nuanced needs of agricultural SMEs, the Product and Market Development Program stands as a crucial catalyst for sustainable development and competitive enhancement in the Canadian agri-business landscape. Its strategic dispersal of resources underscores a commitment to advancing technological innovation, penetrating new markets, and ultimately driving a robust, sustainable agricultural economy in Canada.
