FedDev Ontario is excited to introduce the Sustainable Growth and Adoption Program (SGAP) this fall through Bioenterprise, aimed at advancing sustainability across the food and agri-tech value chain. This new initiative is designed to help businesses adopt clean technologies and integrate sustainable practices into their operations, fostering a greener and more sustainable future.
Program Focus: Sustainability Across the Value Chain
The SGAP is tailored to support later-stage food and agri-tech businesses with non-repayable funding. The program’s main goal is to promote clean growth and modernization through the adoption of new technologies and sustainable practicesto achieve greater sustainability.
Funding Snapshot: Bioenterprise – Sustainable Growth and Adoption Program (SGAP)
Funding Amount
- Non-repayable contributions ranging from $40,000 to $100,000.
- Applications must secure 60% of the project costs, with a maximum total of $150,000.
Eligible Applicants
Eligible applicants must:
- Be incorporated and located in Southern Ontario;
- Have a minimum revenue of $200,000.
- Be operating within the Food and Agri-Tech sectors.
- For-profit private sector enterprises or not-for-profits (NFPs) must be:
- Adopting proven clean technologies from an Eligible Sustainability Project Partner, and/or
- Engaging an Eligible Sustainability Project Partner for sustainability enhancement projects.
Sustainability Partner Criteria:
- Must be a for-profit private sector enterprise or NFP;
- Must be providing a proven clean technology or consultation service aimed at reducing the applicant’s carbon footprint and supporting their transition to net-zero; and
- Must be offering a Statement of Work.
Eligible Activities
- Integrating proven clean technologies into business operations.
- Implementing sustainability enhancement activities, including assessing potential modifications to current practices.
Program Timeline
- Application Intake: September 11, 2024.
- Application Deadline: October 30, 2024.
For the latest information on application periods or to stay updated, connect with our team or subscribe to our newsletter.
Empowering Sustainable Growth
The Bioenterprise Sustainable Growth and Adoption Program (SGAP) is a significant opportunity for businesses in the food and agri-tech sectors to advance their sustainability goals and align with consumer and stakeholder expectations. By providing crucial financial support and access to clean technologies, SGAP aims to drive meaningful progress towards a more sustainable and environmentally responsible industry.
If you’re looking to integrate innovative technologies or enhance your sustainability practices, the SGAP offers valuable support to help you achieve these objectives. Explore this funding opportunity and see how it can assist your business in becoming a leader in sustainability.
With program deadlines coming up soon, contact us today to determine your eligibility and get started on your application process.