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B.C. Agri-Business Planning Program

Value

Eligible applicants can access up to $5,000 for individuals and up to $30,000 for groups for business planning services from a Qualified Business Consultant

Description

The B.C. Agri- Business Planning Program offers two distinct streams of support for agri-businesses:

  • Specialized business planning to enable producers and processors to make more informed decisions and strengthen their business
  • Disaster recovery planning to help producers implement an immediate and long-term disaster recovery plan

Eligible Applicants

  • Either:
  1. A Primary Agriculture Producer producing agricultural products that are 100% grown or raised in B.C, and the land where your agricultural products are produced is classified as a farm by the BC Assessment Authority; OR
  2. A food processor selling or marketing a product processed in B.C. (i.e. processing food, beverages or agriculture products that are processed and packaged in B.C. with 51% or more of the direct cost of producing the product in its final form – i.e. the sum of raw materials, direct labour, variable processing, and packaging – originating in B.C.. When raw materials are available in sufficient quantities from B.C. producers, they must be used).
  • You have not received support from the Agri-Business Planning Program for the same eligible activities for which you are now applying since October 1, 2018.
  • If approved, you will not exceed the annual maximum funding contribution of $10,000 per fiscal year (April to March) for eligible individual applicants or eligible applicants with common partners or shareholders.
  • You are presently actively engaged in the farming or processing entity (i.e. participate in the day-to-day operations of the business) and you, as the owner(s) of the business, are a resident(s) of British Columbia.
  • You reported total annual gross revenues greater than $30,000/year in the previous year to Canada Revenue Agency.

For the Disaster Recovery Stream, in addition to the above criteria, you have been living in an area where either:

  • A local government issued an evacuation alert or order due to a disaster, such as fire or flood, since 2017;
  • Where the Canada Food Inspection Agency (CFIA) or the Chief Veterinary Officer of B.C. has declared an incident whereby the B.C. Foreign Animal Disease Emergency Support Plan (BC FADES Plan) was activated since 2018; OR
  • The Chief Veterinary Officer of B.C. has issued an emergency order under Section 59 of the B.C. Animal Health Act since 2018.

Eligible Expenses

  • Business Structures: identification and evaluation of potential business structures
  • Production Economics: development of production systems and/or strategies
  • Business Strategy: development of a strategic plan
  • Financial Analysis: development of financial analysis
  • Value Added Ventures: development of a business plan for a new value added venture
  • Risk Assessment and Mitigation: assessment and development of a business and financial risk management system or strategy
  • Human Resources: development and implementation of a strategic Human Resource Plan
  • Succession/Transition Planning: development and preparation of a Farm Succession Plan

Deadline Date

  The application intake period for the program may vary annually and will be indicated on the B.C. Ministry of Agriculture website.
Industry: Agriculture, Location: British Colombia ,
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