Emerging Opportunities Grant Program
$1,000,000.00
Grant
Description:
The Emerging Opportunities Grant Program supports the Government of Alberta’s strategic objectives related to growth and development of Alberta’s value-added agriculture sector. The program supports projects that focus on innovation and result in significant company growth and sector impact. Projects can include new technologies, best new practises, significant capacity expansions and new builds.
Comments on Funding:
Maximum grant funding provided by this program is $1,000,000 per fiscal year, to a project maximum of $2,000,000.
Cost share for approved capital expenses is 25% government and 75% applicant. Cost share for approved non-capital expenses is 50% government and 50% applicant.
Projects conducted by agriculture and bio-industrial processors must have a minimum total project investment of $2 million.
Continuous Intake
Eligibility:
Applicants must be:
1. Registered and operating in Alberta
a. Eligible applicants not operating in Alberta at the time of application must prove they will operate in Alberta and meet the intended project outcomes by no later than March 31, 2028.
2. In good standing in accordance with applicable legislation
3. An agriculture or bio-industrial processor, or an industry organization
Application Steps:
Applicants must contact the program area directly to discuss if their project meets the objectives of the program. If the project is deemed a fit, the applicant will be invited to submit a letter of request to the program.
The program area will prepare recommendations for minister based on project alignment with assessment criteria and available funding.
Documentation Needed:
No specific documentation has been identified.
Other Things to Note:
A project will only be considered under one program (processors cannot apply to more than one Alberta Sustainable Canadian Agricultural Partnership (Sustainable CAP) program for the same project expenses). Further details will be shared with applicants that are invited to apply for funding.
Grant payments are made based on a Reporting and Payment Schedule that forms part of the grant agreement. Typically, a payment is made upon full execution of the grant with a progress payment tied to receipt and approval of a status report and then a final payment will be based on the receipt and approval of the final report.
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Maurice
