Sustainable Growth Investment — Agri-Environmental Enhancement of Cultivated Land
At a glance
- Max. $10,000
- Open Date : November 17, 2020
- All industries
- Gouvernement du Québec
- La Financière agricole
Overview
Eligibility criteria
The Sustainable Growth Investment Program aims to support farmers with investment projects, regardless of their production sector or business life cycle. Financial assistance includes an investment grant conditional on a loan guarantee from La Financière agricole, with a maximum eligible financing per business of $700,000.
- Applicants must be farmers with investment projects.
- The investment projects should be productive and sustainable.
- The financial assistance is conditional on a loan guarantee from La Financière agricole.
- The maximum eligible financing per business is $700,000.
Who is eligible
Eligible types of companies for the Sustainable Growth Investment Program include all farmers with investment projects, regardless of their production sector or business life cycle. The program aims to support productive and sustainable investments.
- All farmers with investment projects
Who is not eligible
There is no specific mention of ineligible company types in the grant context.
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 projects & activities
There are eligible projects and activities for the Sustainable Growth Investment grant:
- Investment projects in any production sector
- Projects at any life cycle stage of the business
- Support for productive and sustainable investments
Evaluation & selection criteria
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
- Step 1: Check eligibility criteria
- Review the eligibility criteria for the Sustainable Growth Investment Program.
- Ensure your investment project aligns with the program's objectives.
- Step 2: Prepare application documents
- Gather all required documentation, such as business information, project details, financial statements, and investment plans.
- Complete the application form accurately.
- Step 3: Submit your application
- Submit your completed application form and supporting documents to La Financière agricole.
- Ensure all information provided is accurate and complete.
Additional information
There is additional information about the Sustainable Growth Investment Program applicants should be aware of:
- The financial assistance is subject to certain eligibility criteria and requirements outlined by La Financière agricole.
- Applicants must ensure their investment projects align with the program's objectives of supporting sustainable and productive investments.
Documents and links
Contact information
Sustainable Growth Investment Grant Summary
The Sustainable Growth Investment Program offers financial assistance to farmers for productive and sustainable investments. The program allows farmers to receive an investment grant, conditional on a loan guarantee, with a maximum financing amount of $700,000 per business over a three-year period.
Overview of the Sustainable Growth Investment Program
The Sustainable Growth Investment Program, effective since June 17, 2022, is designed to support farmers with investment projects, regardless of their production sector or business life cycle. The program aims to foster productive and sustainable investments in the agricultural sector.
Eligible farmers can benefit from financial assistance in the form of an investment grant, contingent upon a loan guarantee from La Financière agricole. Each business can receive a maximum financing amount of $700,000 to support their investment initiatives. The assistance is disbursed over a three-year period, providing farmers with the necessary resources to enhance their operations and promote sustainability.
By offering this program, La Financière agricole aims to encourage farmers to invest in projects that will contribute to the long-term growth and viability of their businesses. The Sustainable Growth Investment Program plays a crucial role in supporting the agricultural industry by facilitating access to financial resources for farmers looking to make strategic investments in their operations.
Through this program, farmers have the opportunity to diversify their activities, adopt innovative technologies, and improve their overall productivity and competitiveness in the market. The combination of the investment grant and loan guarantee empowers farmers to pursue their growth objectives while mitigating financial risks associated with large-scale investments.
Overall, the Sustainable Growth Investment Program serves as a vital tool for farmers seeking to expand their operations, implement sustainable practices, and drive economic development within the agricultural sector. By providing financial support and incentives for strategic investments, the program contributes to the resilience and prosperity of farming communities in Quebec.
