Growing forward 2 and Provincial Agrifoods Assistance Program Funding Policy
- Government funding is limited to a maximum of 75 per cent of
eligible project costs for commercial for-profit applicants. This
includes funding from all federal, provincial and municipal government
sources. Applicants must contribute at least 25 per cent of the total
eligible project costs, exclusive of any government funding.
- Funding for Not-for-profit organizations must not exceed 100 per
cent of total eligible project expenses from all federal, provincial and
municipal government funding sources.
- Only 50 per cent of an actual loan amount is included in the funding
formula (stacking formula) from Federal and Provincial Departments or
Agencies that provide non-interest bearing loans.
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