Agriculture Business Advancer

By mmuise
Description:

The Agriculture Business Advancer program supports the adoption of new technologies, processes or specialized equipment for the purpose of business growth.


Comments on Funding:

Applicants are eligible for 30% funding assistance on total eligible project costs to a maximum of $300,000.
No more than 100% of non-repayable funding can be received for any eligible project cost incurred and paid for by the applicant, regardless of source.

Deadline: -
Eligibility:

The applicant must:

  • be a Nova Scotia farm,
  • be currently and properly registered in the correct income category under the Farm Registration Act,
  • be at least 19 years of age and actively farming in the program year,
  • have generated an annual eligible gross commodity income of $1,000,000,
  • be planning expansion and growth,
  • propose large initiatives with an estimated cost of no less than $750,000.
Application Steps:

Applicant must:

1. contact the PBRM office to receive an application package,

2. complete the application package and submit it to the PBRM office.

Documentation Needed:

Applicants must submit:
1. Program Claim Form;
2. copies of all invoices for eligible project costs,
3. proof of payment for each invoice,
4. the Program Funding Registration, if they are new to agriculture funding programs.

Other Things to Note:

There is limited funding for the Agriculture Business Advancer Program. To request an application package, contact the Programs and Business Risk Management office.

About the author
mmuise