Funding Announcement: Strategic Agri-Food Processing Fund

November 16, 2021

Food & Beverage Agriculture Ontario Innovation
Food Processor

The Ontario government is investing $25 million over three years to strengthen the agri-food supply chain

November 15, 2021
Ministry of Agriculture, Food and Rural Affairs


The Ontario government is investing $25 million over three years to strengthen the agri-food supply chain. This funding will incentivize industry investment in projects that help address the processing capacity shortage and increase the sector’s competitiveness and resilience against future disruptions.

“Agriculture and food processing are a driving force that help power the Ontario economy and will contribute to our recovery and prosperity,” said Lisa Thompson, Minister of Agriculture, Food and Rural Affairs.“ This strategic investment will not only boost capacity and competitiveness in Ontario’s agri-food processing sector, but it will also position the sector for long-term growth, create jobs, and promote economic opportunities for rural communities.”

Starting in 2021-22, the Strategic Agri-Food Processing Fund will provide grants of up to $3 million to agri-food processing businesses to invest in capital, equipment and technology. The initiative aims to increase processing capacity and productivity while also enhancing the food security of Ontarians.

“Workers in the agri-food sector have kept our supply chains strong through the pandemic, and Ontario’s agricultural and agri-food sector will play an important role in our province’s recovery and prosperity,” said Peter Bethlenfalvy, Minister of Finance. “Attracting investments that lead to good, well-paying jobs is a critical part of our plan to Build Ontario. This funding will go a long way toward ensuring this essential sector is more efficient, competitive and resilient against future disruptions

Stay tuned for updates.


 

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