Ontario Business Grants: Local Food Fund Overview

bigstock-Green-seedlings-in-new-life-co-41057149The up to $10 million per year Local Food Fund is a program offered through the Ontario Ministry of Agriculture and FoodĀ that funds up to 50% of eligible project expenses. Ā The business grants Ontario funding can also be stacked with other funding to fund up to 75%, while some exceptions (for hardship) may permit recipients to receive up to 90% in funding for the supported project.

Local Food Fund business grants Ontario ā€“Objective

The Local Food Fund business grants Ontario programĀ supports innovative local food projects that reduce barriers to regional economic development; result in sustainable economic development and have a positive impact on the Ontario economy.

Local Food Fund government grants Ontario ā€“Important Information

Deadlines to submit Application:Ā December 31, 2013, February 28, April 30, June 30, August 31, October 31, December 31, 2014

Total Funding Pool: $10 million/year

Funding Amount:Ā 50%, stacking up to 75%

Reimbursement:Ā Payments based on the receipt of paid eligible invoices along with proof of payments. There is a 10% holdback applied until all final reports are submitted and accepted. Claim submission as frequent as desired. Minimum claim of $200. All claims must be made by March 31st each Year. Except last year: Claims and final reports by Feb 15, 2013.

Local Food Fund Ontario government grants ā€“Eligible Organizations

Corporations, community or not-for-profit organizations, primary producers, food processors, distributors, food service, retail, municipalities, industry associations, economic development associations, First Nations, Metis and Inuit, and broader public sector organizations.

Note: Research institutions interested in benefiting from the Local Food Fund must apply with a co-applicant from the list of eligible organizations above.

Small Business Government Grants ā€“Additional Eligibility Factors:

  • Be able to provide financial funding to the project and have the knowledge and experience to complete the project.
  • Located in Ontario.

Government Small Business Grants Ontario ā€“Project Eligibility

In order to qualify for Local Food Fund business grants projects should meet the following eligibility criteria:

  • Innovative Projects that support increased awareness of local food;
  • Support demand for and access to local food.
  • Can be single year or multi-year if continuous in nature.
  • Support two or more of the Local Food Fund program outcomes.
  • Projects include performance measures to assess outcomes.
  • Innovative ā€“ new to the province or sector. Innovation can be developed in Ontario or elsewhere but being used for the first time (or one of few times) in Ontario.
  • Demonstrate Project Management experience ā€“ two or more projects of a similar scope or scale.
  • Demonstrate Strong Collaborative Processes and strategic alliances.
  • Have a clear plan to continue the project objectives past the funding of the Local Food Fund.
  • Have a plan to share or transfer project knowledge and results to others.
  • Project aligns with two or more provincial priorities.

Connect with Canadian Small Business Grants and Loans Experts

Get-StartedEligibility-Criteria

Mentor Works connects you with small business grants and loans opportunities for businesses across Canada.Ā  Subscribe to our Canada business grants and loans weekly e-newsletter and follow us on your favorite social media channel, including LinkedIn, Google+, Twitter, and Tumblr.

Leave a Reply

Your email address will not be published. Required fields are marked *