(May 13/18) The government of Ontario’s Food and Beverage Growth Fund could help you to develop new manufacturing facilities or expand existing ones.
Through the Ministry of Economic Development and Growth, the Fund is available to foodservice and beverage processing projects across Ontario with more than $5 million in eligible costs. Selected projects could be eligible for a grant of up to 20% or a loan of up to 40%.
To be selected for funding, projects must:
- have access to sufficient funding
- meet financial and technical due diligence
- align with the Jobs and Prosperity Fund’s objectives, which are to:
- enhance productivity
- increase innovation
- create greater market access for Ontario firms
For further information, go to: ontario.ca/page/jobs-and-prosperity-fund-food-and-beverage-growth-fund