AgriInnovation to Invest up to $6.3M to Support Pasteurization Technologies
The federal government recently announced it would invest up to $6.3 million in small business grants to help Greenhouse Juice Company purchase advanced food processing equipment. Canadian government funding will help the company expand its operations, offer new in-demand products, and create a range of employment opportunities in Mississauga, Ontario.
The contribution has been provided through the AgriInnovation Program (AIP), which provides grants to accelerate technological developments that help food and beverage businesses become more competitive. The program funds awarded projects up to 50% of eligible project costs to a maximum between 5-20 million in agriculture grants. Industry-led research and development projects are an ideal fit, and should allow the business to carry out innovative practices and processes.
This project will allow Greenhouse Juice Company to increase its production, capacity, and product offerings. The facility expansion and the adoption of new pasteurization technology will also enable the company to purchase more Canadian fruits and vegetables.
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Greenhouse Juice Co. Awarded $6.3M to Install Innovative Pasteurization Technologies
Greenhouse Juice Company is based out of Mississauga, Ontario and specializes in organic cold pressed juices. The company uses hydraulic pressure to extract juice from produce without compromising enzymes and nutrients by using high levels of heat or oxygen during processing.
AIP will invest up to $6.3 million in Canadian government grants to help the company offset facility expansion costs and invest in state-of-the-art pasteurization technologies. These investments will allow the company to increase cold-pressed juice products’ shelf life, while preserving its freshness and nutritional benefits.
These upgrades and expansion will allow the company to create hundreds of jobs in Mississauga, expand food processing innovation, and meet global consumer demands. Additionally, the company will be able to source its ingredients from local businesses to further support the food and beverage sector’s economic growth across Canada.
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AgriInnovation (AIP): Small Business Grants for Research and Development
The AgriInnovation Program (AIP) provides small business grants to support Canadian technology development, commercialization, and adoption projects. The program helps accelerate technological development and help food producers/processors become more competitive. The program offered two funding stream, including:
- Agri-Science Cluster: Large-scale, national projects may receive Canadian government grants valued up to 50% of project costs to a maximum $20 million. Projects must contain multiple participants from industry, academia, and/or government organizations. These projects address issues with multiple commodities, or issues affecting agriculture producers/processors across Canada.
- Agri-Science Project: Small-scale projects may receive up to 50% of eligible expenses to a maximum $5 million in Canadian research grants. These smaller projects are the most common type for Canadian businesses, and often deal with one commodity or are focused on one geographic region.
Please Note: AIP is no longer accepting applications, however agri-businesses may contact Mentor Works to discuss other research and development funding opportunities.
Learn More About Canadian Government Funding for Small Businesses
To remain competitive, businesses should continuously look for growth and development opportunities. Canadian government grants and loans are available to help foster business growth and reduce strategic project costs. Business owners and executives can register for weekly funding updates to help plan for success.