Canadian Dairy Commission's Matching Investment Fund (MIF)
What is it?
The Canadian Dairy Commission's Matching Investment Fund
(MIF) is a three year, $6 million fund designed to encourage growth and innovation
in the manufacture and use of Canadian dairy products and ingredients. The fund
provides for assistance with a range of product development activities, on a first-come,
How will my company benefit?
Your project could receive $50,000 for consultations and $250,000
for product development from the MIF. This funding must be matched
in cash or in kind by your business.
Projects that use milk protein concentrate or skim milk powder
may qualify for higher levels of funding.
If you are a small business (less than 25 employees) with a consultation
project not exceeding $5,000 in costs, you are exempt from the matching
investment requirement. In this case, up to 100 per cent of eligible
costs may qualify for reimbursement.
Registered Canadian companies or recognized
food technology centres (FTCs) that develop, manufacture and/or use Canadian dairy
products and ingredients are eligible.
To qualify for funding assistance,
a company or FTC must either:
- incorporate a Canadian dairy ingredient
in a product formulation where no dairy ingredient(s) had been previously used
a substitute ingredient in a product formulation with a Canadian dairy ingredient,
or significantly increase the dairy content in an existing product formulation
a new dairy product pursuant to the Domestic Dairy Product Innovation Program
and market an innovative further-processed product containing Canadian dairy ingredients,
- conduct technology/knowledge transfer activities with a demonstrated
benefit for a company or for the Canadian dairy industry as a whole.
Financial support is available to eligible companies and FTCs
- product development consultation in areas such as management
and marketing, dairy and food science, and food processing
- product development
activities related to product analysis, trials and technology transfer, such as
adoption of new or existing technologies, industrial scale tests, retrofitting
of facilities, sample preparation costs, and packaging techniques
- result in a product not currently manufactured in Canada;
increase the use of raw milk components (in the case of a dairy product manufacturer)
or Canadian dairy ingredients;
- involve a technical challenge associated
with incorporating or developing a Canadian dairy ingredient; and
dairy ingredient(s) made wholly or mainly from milk.
How do I apply?
apply, download the MIF Program Guide, which includes a Project Summary Form for
initial application, from www.MILKingredients.ca.
The program guide is also available by calling 1-866-366-0676, or emailing the
program administrator at email@example.com.
MIF applications will be accepted from August 1, 2009 to July 31, 2012,
subject to available funds.
Where can I find more information?
CDC marketing officer Shana Allen is also available to discuss funding proposals
at (613) 792-2035 or by email at firstname.lastname@example.org.