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AgriRisk Initiatives (ARI): Administrative Capacity Building Stream

Value

The maximum AAFC contribution per recipient will not exceed $5 million per fiscal year.

Description

The AgriRisk Initiatives (ARI): Administrative Capacity Building Stream (ACB) provides funding to implement and test new financial tools which allow producers to manage a defined business risk.

Example of issues that new tools can address are, but not limited to:

  • responding to diseases in livestock and crops
  • protecting producers from severe market price fluctuations
  • protecting against loss from contracts in new markets

Note: AgriRisk Initiative (ARI) is a five-year program under the Canadian Agricultural Partnership that supports the development of new risk management tools. It is divided into three program components:

  • ARI Research and Development (R&D) stream – contribution funding
  • ARI Microgrants – grant funding
  • ARI Administrative Capacity Building (ACB) stream

Eligible Applicants

  • not-for-profit and for-profit organizations
  • Provincial and territorial governments

Eligible applicants must be legal entities capable of entering into legally binding agreements.

Eligible Expenses

Eligible costs may include, but are not limited to:

  • start-up costs
  • salaries, benefits, labour and materials
  • rental and lease of equipment and office space
  • travel and accommodation
  • communications and promotion
  • services agreements
  • administrative costs
  • one-time seed funding to create a capital reserve for an insurance or similar product

Deadline Date

  Continuous basis until program funds have been allocated. The program ends March 31, 2023.
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