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FBII Funding Available

The second Call for Proposals for the $3 million Food and Beverage Industry Innovation Fund has been announced.

The Fund is designed to provide Ontario's food and beverage processing industry with support to remain competitive and invest in new/innovative processes and products, and skills development, beyond that of normal, ongoing commercial activity.

It is jointly funded by the Government of Ontario and the Government of Canada and both individual food and beverage processing companies and sector associations may apply. As a result of the first Call for Proposals (CFP) in the fall of 2008, the Agricultural Adaptation Council approved $1.3 million worth of FBII funding for 26 projects.

The current Call for Proposals closing date is 4:30 PM on Monday February 23, 2009.

You can receive a maximum of 50% of a project up to $50,000 (and project costs cover most everything except land/building acquisition and major capital). I encourage you to consider this Fund for your innovative projects.

http://www.adaptcouncil.org/

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