Sustainable Growth Investment — Agri-Environmental Enhancement of Cultivated Land

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.

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?

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.

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.

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.