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Dairy Innovation and Investment Fund (DIIF) | Agriculture and Agri-Food Canada (AAFC)

January 1, 1900

Value

Maximum funding per project is $75 million or the total funds available in the region of the project, whichever is lower.

Description

The Dairy Innovation and Investment Fund (DIIF) aims to help dairy processors in making investments to increase competitiveness over the long term and adapt to the new market realities.

The Fund provides non-repayable contributions to Canadian dairy processors to invest in innovative solutions to better manage the structural surplus of solids non-fat in Canada.  The Fund will help the sector modernize, replace and increase solids non-fat processing capacity and minimize non-marketed skim milk.

Eligible Applicants

Eligible applicants are:

  • For-profit organizations, including corporations, cooperatives and partnerships.
  • Canadian dairy manufacturers who process milk from cows.

To be eligible, applicants must also:

  • Hold a valid federal or provincial licence to carry out activities with respect to dairy processing. New legal entities involving partnerships with existing Canadian processors are also eligible.
  • Be federally or provincially registered legal entities capable of entering into legally binding agreements.

Eligible Expenses

The program will support eligible costs of capital assets and contracted services, including:

  • removing and disposing of existing equipment
  • purchasing, shipping, installing, and commissioning of new equipment, software and production lines
  • installation of new, or expansion of existing, milk reception and milk storage area as required to meet the objectives of the project
  • retrofits/renovations of existing facilities related to the installation and operation of eligible equipment
  • construction of a new facility
  • training necessary to operate eligible equipment
  • translation of materials related to training on the new equipment

Deadline Date

The initial intake for the Project Summary forms closed on November 3, 2023. This program operates with a multi-stage application process. While the current intake is closed, additional application dates may be announced in the future as the program is scheduled to run until March 31, 2033. Please visit the official website for any updates on future intake periods and detailed guidelines.

Contact

Contact Name: Dairy Innovation and Investment Fund

Phone Number: 1-866-366-0676

E-mail Address: diif-fiisl@cdc-ccl.gc.ca

Website: https://www.canada.ca/en/agriculture-agri-food/news/2023/09/dairy-innovation-and-investment-fund.html

Industry:

Agriculture

Location:

Alberta, British Colombia, Manitoba, New Brunswick, Newfoundland, Nova Scotia, Nunavut, NWT, Ontario, Quebec, Saskatchewan, Yukon

Tags:

Agri-Business, Co-ops

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