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Agrivalue Processing Business Incubator

Value

Varies.

Description

The Agrivalue Processing Business Incubator (APBI) is a multi-tenant facility. It provides the infrastructure and services to support the establishment and growth of new companies and new business ventures in Alberta. The APBI meets federal food-regulation requirements, enabling resident companies to market their products nationally and internationally.

The purpose of the APBI facility is to:

  • assist with the startup of new food businesses
  • provide a centre of excellence for agrivalue venture scale-up
  • attract product/process development initiatives of established food industry companies to Alberta

Eligible Applicants

  • Must be a new or expanding business
  • Must have a complete business and marketing plan in place available for review
  • Must be capable of meeting and ensuring compliance with all CFIA regulations
  • Must have HACCP plans in place prior to initial production
  • Must have adequate resources to pay rent, wages, supplies and overhead
  • Must have a plan for graduating from the Incubator at the end of the lease agreement
  • Should show capacity for managerial competence
  • Should be open to coaching
  • Should demonstrate a need for incubation services
  • Should have space and utility requirements compatible with incubator capacity
  • Should not be in competition with existing Incubator clients

Eligible Expenses

Facilities and programs at APBI help new food businesses to manage the transition from new product development through:

  • commercialization
  • market launch
  • growth in sales
  • graduation and the establishment of their own facilities

APBI assists established food manufacturers with:

  • new product/process development
  • refinement, testing and manufacturing of market entry product volumes

Deadline Date

  Ongoing
Industry: Agriculture, Location: Alberta ,
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