CAP – Value-Added Program

This program supports projects that are focused on the growth of Alberta’s value-added food and bio-industrial processors. Value adding activities include creating jobs, supporting investment, expanding into new markets, developing new products, and increasing sales of value adding product.

What Is CAP – Value-Added Program?

The CAP – Value-Added Program is a government initiative that supports the growth and diversification of the value-added agriculture industry in Alberta by providing funding to food and bio-industrial processors. The program aims to stimulate innovation, increase sales, and enhance production capacity, enabling processors to improve competitiveness, expand market reach, and create jobs, ultimately contributing to the economic development of Alberta’s agriculture sector.

CAP – Value-Added Program Overview

CAP – Value-Added Program plays a crucial role in supporting the growth, competitiveness, and sustainability of the value-added agriculture industry in Alberta. Its benefits include enhanced competitiveness, market diversification, increased revenue, job creation, innovation, and economic development, contributing to the long-term success of processors and the overall prosperity of the industry.

How Much Funding?

Up to $250K per fiscal year.

WHO QUALIFIES?

Food processors and bio-industrial processors with a minimum of $100K in global gross annual sales.

Eligible Activities & Expenditures

Eligible activities include any that support the following:
– Processing capacity expansion
– Food safety improvement
– New product and process development
– Market development and access

Processing and food safety equipment
Processing software
Development and implementation of food safety systems
Testing, studies, trials for new product or process development

PROGRAM DEADLINE

May 15, 2023 (Program is currently closed)

Get Expert Advice and Support

Our team will review your application and provide funding recommendations within a few weeks. If your project is approved, you’ll receive funding to cover a portion of eligible project costs.

Ready to take your business to the next level? Contact EVAMAX today to learn more and start your application process.

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CAP – Value-Added Program

What Is CAP – Value-Added Program?