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The program offers a 12 per cent non-refundable tax credit based on eligible capital expenditures to corporations investing $10 million or more to build or expand agri-processing facilities in the province.
To be eligible for the program, companies must be incorporated, registered or continued under Alberta’s Business Corporations Act, with the proposed investment plan having a minimum of $10 million in new capital expenditures.
The project must also be physically located in Alberta, be a new project or a significant expansion of an existing value-added agricultural processing facility, and project expenditures must directly support an eligible value-added agricultural activity.
Corporations with other provincial funding sources may also be eligible for the tax credit.
Tax credit.
Contact Name: Agri-processing Investment Tax Credit program
E-mail Address: APITC@gov.ab.ca
Website: https://www.alberta.ca/release.cfm?xID=870110B266F6A-C479-024E-8B75EDD103E74413
Industry:
AgricultureLocation:
AlbertaWith ABG, you can find the right grants, prepare for your meeting, and write a winning application that will get you the most money, in the least amount of time.
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Alberta Business Grants
Edmonton, Alberta
Canada
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There is grant money waiting for YOU! BUT if you step in a “grant trap,” your application is a NO! Learn the FIVE most common errors to AVOID in government grants! Get the 5 Grant Gotchas now to save you countless hours.
