As part of the federal–provincial–territorial initiative known as Growing Forward 2 (GF2), which came into effect on April 1, 2013, Agriculture and Agri-Food Canada (AAFC) is now, as of February 1, 2015, accepting applications for funding of industry through the AgriInnovation Program (the Industry-Led Research and Development stream of the Program).
Under the GF2 initiative, federal and provincial governments are providing more than C$3 billion for investment in innovation, competitiveness and market development. AgriInnovation is one of the three GF2 programs (the others being AgriMarketing and AgriCompetitiveness).
The AgriInnovation Program is a five-year federal programme under which C$468 million is available to fund projects by industry. The aim of the programme is to accelerate the creation, availability, application and transfer of knowledge and technologies to the agricultural sector, and increase the successful demonstration, commercialization or adoption of agriculture, agri-food and agri-based innovations.
Under the Enabling Commercialization stream of the program, there are three types of project for which funding may be available:
- For pre-commercial demonstration, under which all necessary testing and piloting has been completed and the innovation is within 24 months of market or commercial operation.
- For commercialization, in which agri-innovations will be introduced to the market at the successful completion of the project.
- For adoption, involving agricultural, agri-food or agri-based products, technologies, processes or services where recent innovations are adopted and adapted into the grant recipient’s operations. Loans are repayable without interest over ten years.
Under the Industry-Led program, nonrepayable financial support is available for two types of projects. Under the Agri-Science Cluster, project support may be provided to mobilize and coordinate a critical mass of scientific expertise in industry, academia and government; its scope is national. In contrast, under the Agri-Science Project, project support is available to fund single projects, or a smaller set of projects that are less comprehensive than those that may be funded under the AgriScience Project. The projects may be national, regional or local.
The maximum funding available to any one applicant from all streams under the program will not exceed C$10 million per year. The AgriInnovation Program will end on March 31, 2018.