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Sustainable Growth Investment — Agri-Environmental Enhancement of Cultivated Land - QC - Canada

Sustainable Growth Investment — Agri-Environmental Enhancement of Cultivated Land

Last Update: January 24, 2025
QC, Canada
Grants to maximize the value of cultivated land in Quebec

Sustainable Growth Investment — Agri-Environmental Enhancement of Cultivated Land at a glance

Eligible Funding
  • Max. $10,000
Timeline
  • Open Date : November 17, 2020
Financing Type
Grant and Funding
Eligible Industries
  • Agriculture, forestry, fishing and hunting
Grant Providers
  • La Financière agricole (FADQ)
  • Gouvernement du Québec
Status
Open

Overview of the Sustainable Growth Investment — Agri-Environmental Enhancement of Cultivated Land program

Get a grant of up to $10,000 when you secure a loan guarantee of up to $100,000 from La Financière agricole for on-farm agri-environmental projects, or ones that will enhance the value of your cultivated land.

Financing terms and conditions

The Sustainable Growth Investment Program provides funding support structured through various financial modalities tailored to enhance sustainable agricultural projects. These modalities are designed to accommodate diverse business needs across the agricultural sector.
  • A maximum of $700,000 in eligible financing per business is available under the grant.
  • The financial assistance requires a loan guarantee from La Financière agricole du Québec.
  • Payments are distributed over a three-year period to support project implementation and sustainability.

Eligible projects & activities

The Sustainable Growth Investment Program supports agri-environmental initiatives that enhance the productivity and sustainability of cultivated land across all farming sectors. It prioritizes innovative and substantial investment projects aimed at long-term agricultural development.
Examples of admissible projects:

$ 10,000

Purchase of a weather monitoring system for improved farming efficiency

$ 10,000

Development of a drip irrigation system for berry farming

$ 10,000

Implementation of solar-powered electric fences to protect crops from wildlife

$ 10,000

Subsidy for hydroponic greenhouse construction for sustainable vegetable farming

$ 10,000

Modernization of dairy farm operations with robotic milking systems

$ 10,000

Upgrading irrigation system for enhanced water use efficiency

Eligibility criteria of the Sustainable Growth Investment — Agri-Environmental Enhancement of Cultivated Land program

Eligibility for the Sustainable Growth Investment Program requires specific criteria related to business status and project goals.
  • The applicant must be a farmer with an investment project in any production sector.
  • The business can be at any life cycle stage.
  • An investment grant must be coupled with a loan guarantee from La Financière agricole.
  • The applicant's investment needs must not exceed $700,000 in eligible financing.

Who is eligible?

The Sustainable Growth Investment Program is available to farmers across all stages of their business development, regardless of their production sector. It is tailored to support investment projects that are both productive and sustainable. The program offers a grant on the condition of securing a loan guarantee from La Financière agricole. This financial aid can reach up to $700,000 per business, with the support being distributed over a maximum period of three years.

Eligible expenses

The Sustainable Growth Investment Program provides financial assistance for productive and sustainable investments to farmers with investment projects, regardless of their production sector or business life cycle. Eligible expenses for this grant include:
  • Costs associated with acquiring new machinery and equipment
  • Investments in sustainable farming practices
  • Infrastructure upgrades to improve operational efficiency

Eligible geographic areas

This grant is facilitated by La Financière agricole du Québec, indicating its application is specifically for the geographical region under its jurisdiction. Eligibility is implicitly targeted towards businesses operating within this province.
  • Farms and agricultural businesses based in the province of Québec, Canada.

Eligibility criteria of the Sustainable Growth Investment — Agri-Environmental Enhancement of Cultivated Land program

There are evaluation and selection criteria for this grant.
  • Selection Criteria:
  • - The applicant must be a farmer in Québec.
  • - The investment project must be in the agricultural sector.
  • - The project must demonstrate productivity and sustainability.
  • - The applicant must provide a detailed business plan and budget for the investment.

How to apply to the Sustainable Growth Investment — Agri-Environmental Enhancement of Cultivated Land program

1
Eligibility Check
Confirm that your agricultural business is eligible for the program by checking the criteria on the website of La Financière agricole du Québec.
2
Preparation of the request
  • Compose a project investment file describing the sustainable and productive nature of the investment.
  • Gather the required documents, such as the business plan, financial documents, and evidence of the sustainability of the project.
  • Check the need for a loan guarantee for financial aid.
3
Online registration
  • Register for an online file, if you haven't done so already.
  • Access your online file through the portal of La Financière agricole du Québec.
4
Submission of the request
  • Fill out the online application form through your account.
  • Upload all required supporting documents.
  • Submit the application within the deadlines indicated on the site.
5
Reception of the confirmation
  • Obtain a receipt confirming the submission of your application.
  • Note the reference number of your application for future follow-ups.

Additional information

Here is additional relevant detail for this grant:
  • The financial assistance is an investment grant conditional on a loan guarantee from La Financière agricole.
  • The maximum amount of eligible financing per business is $700,000.
  • Assistance is paid out over a three-year period.

Documents and links

Sustainable Growth Investment — Agri-Environmental Enhancement of Cultivated Land

Contact La Financière agricole (FADQ)

1-800-749-3646

Apply to this program

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