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 that may be of interest
to you. Our list includes federal, provincial and municipal programs
as well as some programs offered by utilities providers. Contact
information is included for each of the programs. Please contact
them directly for program details and/or clarification.
OMAFRA's Business Development Branch can help you grow your food
and beverage processing business. Contact a Business
Development Consultant for assistance.
Workforce Development
Apprenticeship
Training Tax Credit Ontario: (PDF
109 KB): Companies that hire and train apprentices in certain
skilled trades, including millwrights and process operators can
receive a tax credit from the Ontario government
Apprenticeship
Job Creation Tax Credit Federal: (PDF
89 KB): This is a federal incentive program designed to help
employers offset the cost of hiring and training employees who have
entered into an apprenticeship contract.
Career Bridge:
(PDF 84 KB):
an innovative program for employers seeking qualified workers and
for recent immigrants seeking professional level positions in their
fields of expertise.
First Job Initiative
- Ontario Centres of Excellence: (PDF
80 KB): OCE's First Job Initiative helps Ontario companies hire
knowledgeable, highly-skilled graduates from Ontario colleges and
universities. Employment opportunities are in research and development
with the goal of developing new products, services and processes.
Opportunities
Ontario: Provincial Nominee Program (PNP): (PDF
77 KB): an immigration program whch is designed in part to assist
employers who are having difficulty recruiting qualified, skilled
workers in Ontario.
Ontario
Co-op Education Tax Credit: (CETC): (PDF
88 KB): The Co-operative Education Tax Credit (CETC) is a refundable
tax credit available to employers who hire students enrolled in
a recognized Ontario university or college co-operative education
program.
Sector
Initiatives Fund: (SIF): (PDF
115 KB): The Sector Initatives Fund is a funding program designed
to encourage sector groups and organizations to improve competitiveness,
support skills acquisition, and provide general benefit to companies
within a particular sector.
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
Canadian Agricultural
Adaptation Program: (PDF
115 KB): The Canadian Agricultural Adaptation Program (CAAP)
is a five-year (2009-2014), $163 million program with $28.1 million
assigned to Ontario projects.
Canadian
Dairy Commission's Matching Investment Fund (MIF): (PDF
82 KB): 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.
Eastern
Ontario Development Fund (EODF): (PDF
118 KB): The EODF is an $80 million fund designed to help businesses
create new jobs, and invest in new technologies, equipment or skills
training for workers. It also supports economic development projects
that will attract or retain investment in Ontario-based industries
and communities.
Export Market
Access: A Global Expansion Program (EMA): (PDF
163 KB): The Export Market Access is a $5 million initiative
designed to help small and medium-sized enterprises increase their
access to global markets.
FedDev Prosperity
Initiative: (PDF
105 KB) A four year, $210 million program.
High Performance
New Construction Program (HPNC): (PDF
125 KB): The HPNC Program was developed to encourage the design
and building of facilities that reduce the use of kilowatt hours
of energy.
Rural Economic
Development Program (RED): (PDF
136 KB): A financial support program to help rural communities
thrive and grow. It supports projects that remove barriers to community
development and economic growth. (Program fully subscribed)
Southwestern
Ontario Development Fund (SWODF): (PDF
240 KB): The Southwestern Ontario Economic Development Fund
is a fund designed to help businesses create new jobs, and invest
in new technologies, equipment or skills training for workers.
Food
Safety and Traceability: We are helping the sector respond to
heightened consumer awareness of food safety by supporting the adoption
of practices that enhance food safety on farms and in the food and
beverage processing industry.
Research and Development Programs
The Ontario
Business Research Institute Tax Credit (OBRITC): (PDF
115 KB) a refundable tax credit that is available to a qualifying
corporation that performs scientific research and experimental development
(SR&ED) in Ontario under a contract with an eligible research
institute (ERI).
Scientific Research
and Experimental Development Tax Incentive Program(SR&ED):
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 visit Invest
in Ontario or the Ontario
Business Program Guide on the Service Ontario web site.