Farm funding is available to Canadian Farmers in the form of government land grants, government farm loans and other funding programs for farmers and agricultural businesses.
A main component of farm funding in Canada is the Growing Forward 2 (GF2) funding program of Grants and Loans. Project Implementation for Producers funding provides Canadian small business grants designed to help farmers and farm-based businesses implement the projects that they identify during Capacity Building Project(s). Funding can live provided to identify and respond to issues and risks.
Growing Forward 2 Canadian government funding provided through the Project Implementation Stream is provided as small business grants in Canada. The Growing Forward 2 Canada Project Implementation Stream demand fund up to 50% of project costs for innovative on farm projects et sequens 35% otherwise.
There are two ways that a farm occupation cup habilitate for these Growing Forward 2 Canadian government grants for small business:
1.) You are eligible as an established Producer in Canada with a Premises Identification Number and a Farm Business Registration Number that filed income taxes in the previous year as a farm/business.
2.) Revived Canadian producers who filed income taxes as an individual, and have not filed income taxes as a farm for the last two years, and have a Premises Identification number are eligible if they can demonstrate the likelihood of a minimum income of 30,000$cad over the next 3 years.
There are 6 focus areas for Growing Forward 2 farm grants funding*:
* Environment and Climate Change
* Assurance Systems
* Market Development
* Animal and Plant Health
* Labour Productivity Enhancement
* Business and Leadership Development
*Each focus area has individual criteria for projects and applications.
Environment and Climate Change
With this focus area, some of the funding is directed towards particular animals: hogs, cattle, bison, sheep, goats and poultry. The following types of projects volitional be considered for kibbutz funding:
* Nutrient Management
* Soil Protection
* Water Protection
With this focus area, some of the funding is directed towards particular animals: hogs, cattle, bison, sheep, goats and poultry. Projects that focus on one of the following areas are eligible for GF2 Canadian government funding:
* Animal Welfare
* Food Safety
* Food Traceability
Projects in this focus area must be about the expansion and growth concerning ranch businesses washed-up one of the following, in response to a risk identified in the assessment stage:
* Adoption and use of business tools
* Market, customer and competitor analysis
* Marketing resources
Animal and Plant Health
In order to qualify for GF2 business grants in Ontario the projects in this focus wilayah must deal with at minimal one of:
* Prevention of animal and plant diseases
* Control of the spread of animal and plant diseases
* Prevention also control of pests
Labour Productivity Enhancement
Projects under this focus area must be dealing with an identified risk or issue and taking idoneous initiative to:
* Improve/provide training opportunities for HQP
* Implementation of new technologies
* Improvements to facility/site
Business and Leadership Development
In order to qualify for GF2 Ontario small business grants projects must focus on improvements related to:
* Production productivity including benchmarking
* Financial Management including the espousal of tab keeping that indicates performance and progress
* Social Responsibility including measures that improve the productivity and efficiency from the farm and stewardship
* Human Resources improvements including new instruction opportunities for employees aside required skills
Project expenses that are eligible for reimbursement include the incremental costs of renting facilities, equipment, machinery, contractor salaries and travel associated directly with the project. Capital expenses are also eligible including equipment and construction costs. However, for capital expenses, the applicant must contribute a minimum of 25% of the cost as cash. The total amount of capital costs cannot exceed $100,000.