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Future Farmer Program │Government of Prince Edward Island

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Value

Varies

Description

The Future Farmer Program will support business sector capacity growth and competitiveness by supporting new farmers to improve the probability that they establish or continue profitable and sustainable commercial farm businesses. The program will help new entrants identify and prioritize their business goals and will help them identify planning, management and technical skills that are needed to reach their goals.

Eligible Applicants

  • Mi’kmaq First Nations and other Indigenous groups; and
  • Agricultural Producers.

Eligible Recipients must:

  • Be a new agricultural producer (Must not have reported farm income for more than 5 years);
  • Have a business or succession plan;
  • Indicate in their business or succession plan a projection of at least $20,000 in annual gross farm sales;
  • Indicate in their succession plan that the recipient owns at least 15% of the common voting shares or must be the beneficial owner of a 15% interest in the partnership (for farms with gross sales of $1M or less) or owns at least 10% of the common voting shares or must be the beneficial owner of a 10% interest in the partnership (for farms with gross sales of more than $1M);
  • Be a Canadian citizen or a Permanent Resident;
  • Be a resident of Prince Edward Island; and

NOTE: Recipients who do not have a business or succession plan may be eligible for coaching support through the Future Farmer Program.

Eligible Expenses

Eligible Activities/Expenses:

  • Facilitation and coaching assistance by a program advisor;
  • Development and implementation of continuous improvement on-farm projects;
  • Skills development and training assistance by a third-party;
  • Business or succession planning assistance;
  • Analytical laboratory testing3; and
  • Participation in the following Business Risk Management (BRM) Programs: AgriStability and AgriInsurance.

Deadline Date

Ongoing. Please click the link indicated below for update.

Contact

Contact Name: PEI Department of Agriculture

Phone Number: (902) 368-4880

E-mail Address: futurefarmer@gov.pe.ca

Website: https://www.princeedwardisland.ca/en/information/agriculture/future-farmer-program

Industry:

Agriculture, Indigenous

Location:

PEI

Tags:

Agri-Business, Farmer, Producer

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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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