Amount: up to $100,000 in non-repayable matching contributions.
The Sustainable Growth and Adoption Program (SGAP) invites southern Ontario food- and agri-tech businesses to lead projects that accelerate sustainable growth through the adoption and integration of clean technologies, practices, and process enhancements into their operations.
Goal of the Program
SGAP offers non-repayable funding to later-stage food- and agri-tech businesses for projects that enable clean growth, expansion, modernization, and sustainability enhancements in their operations. The objective of the program is to promote sustainability across the value chain by de-risking the adoption of clean technologies and the integration of sustainable practices. Direct support will be provided to companies adopting new technologies or adapting current operations to become greener and more sustainable.
Eligible projects
SGAP is designed to help later-stage food and agri-tech business-lead projects that enable expansion, modernization, and sustainability enhancements to existing operations. This green initiative aims to promote sustainability across the value chain and foster clean economic growth through achieving the following objectives:
- De-risk the adoption of clean technologies and the integration of sustainable practices and process enhancements;
- Accelerate sustainable business growth, expansion, and modernization;
- Reduce carbon emissions and support the transition to a green economy; and
- Create and maintain jobs.
Eligibility Requirements
Projects must meet the growth and adoption needs of the applicant by supporting one or both of the following:
- The integration of proven clean technologies into operations; and/or
- The implementation of sustainability enhancement activities to assess possible modifications to current operations.
To qualify for the program, food- and agri-tech businesses must be generating a minimum of $200,000 in annual revenues and meet thresholds on project impact, potential environmental benefits, and economic outcomes for the sectors. Eligible organizations must be located in southern Ontario, ensure all project activities take place in southern Ontario, and collaborate with an eligible sustainability project partner.
It can be used to cover advisory services, operational assessments, equipment acquisition, employee labour, and other costs directly related to the project.
Funding
Recipients will receive up to $100,000 in non-repayable matching contributions.
Deadline
Application intake closes on October 30, 2024, at 11:59pm ET.