Governments invest in Ontario’s agri-food sector
The governments of Canada and Ontario are investing in a new project to further support innovation, commercialization and growth in the province’s agri-food sector.
Ontario Agri-Food Technologies will receive up to $100,000 in cost-share funding to design and launch a pilot project called the Commercial Deal Accelerator. This project will connect early-stage agribusinesses that have innovative ideas, with corporate investors to create commercialization activity. Funded through the Canadian Agricultural Partnership, this project is expected to and create sustainable, private revenue streams for agri-food and agri-tech entrepreneurs in Ontario
To date, both the federal and provincial governments have committed cost-share support to approximately 2,500 projects through the partnership to help eligible Ontario farmers, processors, businesses and sector organizations innovate and grow.