Funding
Programs and Support
Where to Get Funding and Support:
Food companies don't always know where to find funding and other
types of service and support that is relevant to them. So we've pulled
together some of the key programs and resources that may be of interest
to you. Our list includes federal, provincial, and municipal programs,
and programs offered by utilities providers.
Workforce Development
Apprenticeship
Training Tax Credit: a tax credit to companies that hire
and train apprentices in certain skilled trades.
Canada
Apprenticeship Job Creation Tax Credit: a non-refundable
tax credit designed to encourage employers to hire new apprentices
in eligible trades.
Job Connect:
a program which helps bridge the gap between employers seeking new
employees to meet their business needs and individuals seeking sustainable
employment.
Ontario
Co-op Education Tax Credit: a refundable tax credit available
to employers who hire students enrolled in a recognized Ontario university
or college co-operative education program.
Recruiting
Employees: resources and links to services to assist
in recruiting, hiring and training employees.
Sector
Initiative Fund: a funding program designed to help industry
sectors and organizations to develop training programs, materials
and standards for their workforces.
Targeted
Wage Subsidy: a program that encourages
employers to hire people who face barriers to employment by offering
a temporary wage subsidy.
Youth Employment
Strategy (part of Industrial Research Assistance Program:
food manufacturing companies that are looking to develop new products
or improve their technical production processes may qualify for funding
to hire an intern through the Industrial Research Assistance Program
(IRAP). This program provides financial assistance to innovative Canadian
Small and Medium-sized Enterprises (SME's) to hire post-secondary
graduates to work on innovation projects.
Business Development
CanAdvance:
provides grants, loans and loan guarantees to projects that expand
the agriculture and food sector's capacity to respond to current and
emerging issues.
Food
Safety Initiative: financial assistance for food processors
of all products to adopt Good Manufacturing Practices and/or Hazard
Analysis Critical Control Point.
Meat
Plant Assistance Program: financial assistance for provincial
meat plants to help them comply with the new meat regulation, Ontario
Regulation 31/05.
Rural Economic
Development Program: a financial support program to help
rural communities thrive and grow. It supports projects that remove
barriers to community development and economic growth.
Advanced
Manufacturing Investment Strategy: interest-free loans
to encourage Ontario manufacturing companies in all sectors to invest
in leading-edge technologies and processes
Agri-Opportunities
Program: a program to assist in the commercialization
of products which includes new agricultural products, processes or
services
Infrastructure Development
Hydro
One Retrofit Program: The Electricity Retrofit Incentive
Program assists companies to develop energy conservation and load
management strategies.
Biogas
Systems Financial Assistance Program: a $9 million program
to help agri-food businesses and farmers turn farm and food waste
into clean energy by using biogas systems.
ecoEnergy
Biofuels: ecoEnergy for Biofuels will invest up to $1.5
billion over nine years to boost Canada's production of renewable
fuels such as ethanol and biodiesel.
Environmental
Programs: how to make wise and better use of water and
sewer services.
The
ecoEnergy Retrofit Incentive: a program to help retrofit
industrial and commercial buildings to improve energy efficiency
Research and Development Programs
Industrial
Research Assistance Program: financial support and "consulting"
services to Canadian companies in all industry sectors to encourage
innovative products, processes and technology.
Scientific
Research and Experimental Development Tax Incentive Program:
a federal tax incentive program to encourage Canadian businesses of
all sizes and in all sectors to conduct research and development in
Canada that will lead to new, improved, or technologically advanced
products or processes.
For more funding programs, check out Ontario Investment and Trade
Services web site at http://www.2ontario.com/software/government_programs.asp.
For more information:
E-mail: food.omafra@ontario.ca
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