Sustainable Growth Investment — Growth Support
grant_single|update January 24, 2025
QC, Canada
Money for supply-management production in Quebec
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
grant_single|deadlines
- grant_single|closingDate March 31, 2025
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Agriculture, forestry, fishing and hunting
grant_single|grantors
- Gouvernement du Québec
- La Financière agricole (FADQ)
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get a grant of up to $15,000 when you secure a loan guarantee of up to $150,000 from La Financière agricole for agribusiness projects related to productions other than related to beef cattle, sheep, or goat production.
grant_single_labels|terms_and_conditions
The Sustainable Growth Investment — Growth Support grant offers a structured financial assistance program tailored to the unique needs of agricultural and agri-food businesses. The following modalities are designed to enhance productivity and sustainability in various sectors.
- The financial assistance consists of an investment grant that is conditional on a loan guarantee from La Financière agricole du Québec.
- The maximum investment financing eligible per business is set at $700,000.
- Assistance is disbursed over a three-year period, allowing for phased project development and financial management.
grant_single_labels|projects
This grant supports productive and sustainable investment projects across various agricultural sectors. Eligible projects aim to enhance infrastructure, purchase equipment, and improve environmental practices.
- Construction, renovation, or improvement of agricultural buildings.
- Purchase of production equipment and non-self-propelled machinery.
- Initial acquisition of perennial plants or breeding stock.
- Agri-environmental enhancement of cultivated land.
- Developing water supply or irrigation systems, including digging wells or reservoirs.
- Implementation of on-farm agri-environmental projects.
grant_single|admissibleProjectsExample
$ 15,000
Implementing hydroponic lettuce farming with state-of-the-art technology
$ 15,000
Launching a sustainable oyster farming project
$ 15,000
Establishment of a community organic chicken farm
$ 15,000
Establishing a farm producing artisanal cheese using local milk
$ 15,000
Developing an urban beekeeping initiative
$ 15,000
Setting up a microbrewery specializing in organic beers
grant_single_labels|admissibility
Eligibility for this program is based on a set of criteria ensuring alignment with its investment and agri-environmental objectives.
- The project must involve construction, renovation, or improvement of a building.
- The project involves the purchase of production equipment and non-self-propelled machinery.
- The project entails the initial acquisition of perennial plants or breeding stock.
- Projects must aim at agri-environmental enhancement of cultivated land.
- Activities such as digging a well or water reservoir, developing a water supply, or implementing an irrigation system are required.
- The project must involve the implementation of on-farm agri-environmental initiatives.
- The project should increase the production volume, performance, or profitability of the business.
- Compliance with animal welfare, organic production, or any new agri-food production standards is required.
- Improvements in cultivated land or adoption of agri-environmental practices should be part of the project.
grant_eligibility_criteria|who_can_apply
The Sustainable Growth Investment Program is open to all agricultural and agri-food businesses, provided they have investment projects aiming to enhance their production and sustainability. The program is adaptable to businesses regardless of their production sector or stage of development in the business lifecycle.
grant_eligibility_criteria|who_cannot_apply
This grant excludes certain companies based on their status, activities, or location. The restrictions ensure that the funds are allocated to businesses primarily engaged in agricultural practices and based in Québec.
- Businesses in the recovery process with FADQ or another lender.
- Forestry companies.
- Investments made outside of Québec.
grant_eligibility_criteria|eligible_expenses
The Sustainable Growth Investment Program supports agricultural and agri-food projects that focus on infrastructure enhancement, sustainable practices, and production efficiency. Eligible projects are diverse, covering a range of productive and environmental improvements.
- Construction, renovation, or improvement of buildings for agricultural purposes.
- Purchase of production equipment and non-self-propelled machinery.
- Initial acquisition of perennial plants or breeding stock.
- Agri-environmental enhancement of cultivated land activities.
- Installation of water supply or irrigation systems including digging wells or reservoirs.
- Implementation of on-farm agri-environmental projects.
grant_eligibility_criteria|zone
This grant is specifically for projects within Québec, as administered by La Financière agricole du Québec. Eligible geographical areas are within provincial boundaries to support localized agricultural investments.
- Businesses located within Québec, Canada.
grant_single_labels|criteria
The Sustainable Growth Investment Program provides financial assistance for productive and sustainable investments in the agricultural sector. The evaluation and selection criteria for this grant include:
- Evidence of sound investment project
- Demonstrated financial viability
- Contribution to the sustainable development of the farm
- Compliance with environmental standards
grant_single_labels|apply
Here are the steps to submit an application for this grant:
- Step 1: Contact an Advisor
- Contact an advisor at your local service centre to discuss your project.
- Validate the project's eligibility for the Sustainable Growth Investment Program.
- Assess potential savings and benefits of applying for the program.
- Step 2: Prepare Documentation
- Fill out the Financing Application Form specific to the Sustainable Growth Investment Program.
- Based on the nature of your project, gather additional required documents for financial analysis.
- Step 3: Submit Application
- Once the documentation is complete, submit it according to the advisor's guidance.
- Ensure all forms and additional documents are included.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- The investment grant is conditional upon securing a loan guarantee from La Financière agricole.
- The assistance provided under this program is distributed over a three-year period.
- Eligible projects may vary depending on the component of the program applied for.
- All projects require prior validation of eligibility from an advisor before starting.
- Several components target specific types of production or business profiles, such as young entrepreneurs or projects enhancing cultivated land.
- The program excludes projects involving permanent working capital financing or consolidation of loans.
- The Working Capital Loan component assists businesses with financial difficulties due to rising interest rates or input costs.
- Participation in applicable insurance and income protection programs is required for sound risk management.
grant_single_labels|contact
1-800-749-3646
Apply to this program
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