Processor – Develop New Products or Processes

Be a minimum of one of the following:

• For any eligible projects, a processor that manufactures products in a facility with fewer than 200 employees
• For eligible projects that do not include capital costs, an owner of an established brand or intellectual property that does not meet processor eligibility criteria but is located in Ontario, and has an agreement or arrangement for the transformation of their product(s) in Ontario
• For eligible projects that do not include capital costs, a new processor business (new entrant) that:
  • Constitutes a legal person
  • Is new to the food and agri-product processing industry and has business projections that demonstrate potential annual gross business income of $30,000 or more within three years of applying
  • Files personal income taxes in Ontario
  • Has not filed taxes of $30,000 or more in annual gross business revenue as a food or agri-product processing business in the two years prior to applying for funding
  • Has a valid Premises Identification (PID) Number (if a processing facility is established)

Have a marketing plan that includes:

• Market research analysis that supports entry into the specific domestic or export market
• Sales targets and an assessment of other potential business impacts
• Implementation strategy