What this stream offers
The Pre-production Funding Stream is part of the Market Growth Program (MGP). The MGP aims to stimulate investments for long-term market growth in Canadian dairy processing by supporting sustainable and innovative investment projects with an emphasis on the use of solids non-fat (SNF). Its intended outcome is to accelerate and support investments which aim to reduce structural SNF surplus, support market growth, or process milk in regions with significant skim milk surplus/processing deficiencies.
The Pre-production Funding Stream supports dairy processors to make investments in:
- additional processing capacity for SNF; and
- the creation of new products that add value to the SNF surplus.
Specifically, this stream supports the execution of studies during the planning stage of an investment, whether in a new plant or in an existing plant, including equipment replacement to increase processing capacity.
The overall budget for the Pre-production Funding Stream is $5,000,000 per two-year cycle.
Priority will be given to studies related to investments that have the best potential to help manage the structural surplus of solids non-fat. Based on the availability of funds, priority will also be given to studies related to investments that have the most potential to improve global dairy farmers' revenues.
How much you can receive
The maximum funding available is up to $500,000 per applicant per two-year cycle.