
- Open continuously
Overview
Get customized financing of up to $150,000 for your agriculture, agribusiness or food and beverage-related business with the Starter Loan, and up to $1.5 million with the Young Farmer Loan. Attend free events and webinars to sharpen your farm management p
At a glance
Funding available
- Increase performance through digital transformation
- Complete an acquisition or business transfer
- Maximum amount : 1,500,000 $
- Open continuously
Eligible candidates
- Agriculture, forestry, fishing and hunting
- Canada
- For-profit business
- Sole proprietorship
- All revenue ranges
- All organization sizes
- Rural or Northern Residents
- Youth (<40)
Next Steps
Activities funded
This loan program assists young farmers under the age of 40 in establishing or expanding their agricultural operations. Funding is available for purchasing farms or agriculture-related assets with the support of specialized financial tools and advice.
- Acquisition of agricultural properties or land.
- Purchase of agricultural machinery and equipment.
- Investment in agricultural infrastructure development.
- Access to financial management tools such as AgExpert Accounting Premium and AgExpert Field Premium.
- Opportunities for attending FCC events to gain insights and advice.
- Consulting with FCC Business Advisors for transition planning and business growth.
Eligibility
Who is eligible?
The grant mentioned is specifically designed for young farmers who are under 40 years old. Qualified producers under this age limit can apply for the Young Farmer Loan to support their agriculture career.
Eligible expenses
The Young Farmer Loan allows young producers to purchase agriculture-related assets.
- Purchase of agriculture-related assets up to $2,000,000.
Additional information
Here are additional relevant details for this grant:
- The Young Farmer Loan provides an AgExpert Bundle which includes AgExpert Accounting Premium and AgExpert Field Premium for one year, valued at $499.
- Access to FCC events tailored for farmers under 40 is available as part of the financing package.
- A collection of financial and business planning tools, including a cost of living calculator, loan vs lease calculators, and cash flow planning guides, are provided to assist applicants.
- Opportunities to seek advice and support from FCC Business Advisors for one-on-one transition strategies are available to applicants.