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Food Innovation Challenge │ Canadian Food Innovation Network (CFIN)

May 10, 2023

Value

The total eligible project costs should be between $1 million and $4 million, and the maximum level of matching funding from CFIN will be 50% of total eligible project costs.

Description

The Food Innovation Challenge is a unique funding opportunity for Canadian food industry collaborators who want to spearhead transformative improvements that will propel the food sector forward and generate significant economic impact.

Eligible Applicants

To qualify for funding, all project proposals for any call must be collaborative industry-led initiatives composed of:

  • A lead applicant and multiple partners, with a minimum of two private sector enterprises;
  • Active CFIN members;
  • At least one collaborator must be a small to medium sized enterprise partner; and,
  • All project partners must be incorporated in Canada.

Eligible Expenses

The total eligible project costs should be between $1 million and $4 million, and the maximum level of matching funding from CFIN will be 50% of total eligible project costs.

Funding will be provided on a reimbursement basis and CFIN will require a non-refundable project management fee of 5% of total project costs eligible for CFIN funding.

Deadline Date

The Food Innovation Challenge Program is currently closed until 2025. Stay tuned for updates from our funded projects.

Contact

Contact Name: Canadian Food Innovation Network (CFIN)

Phone Number: 1.888.773.8247

E-mail Address: info@cfin-rcia.ca

Website: https://cfin-rcia.ca/programs/fic

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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.

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