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Alberta Business Grants Ltd.

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Protein Industries Canada and Innovate UK – Joint Call for plant-based food and ingredient R&D projects:

November 1, 2023

Value

$20 million CDN joint call for collaborative R&D projects

Description

The bilateral partnership between Protein Industries Canada, one of Canada’s five Global Innovation Clusters, and Innovate UK, the UK’s national innovation agency, is taking another step forward with a $20 million CDN joint call for collaborative R&D projects. The joint call will support the advancement of plant-based foods and ingredients, helping meet the growing global demand for diverse protein options.

Eligible Applicants

For a project to be considered eligible for investment, it must:

  • Be submitted by a consortium of at minimum three (3) Protein Industries Canada members, at least one of which is a Small or Medium Enterprise (SME) as defined by Statistics Canada as a business with 499 or fewer employees.
  • A consortium may include academic or research institution(s). This is not mandatory but is encouraged.
  • Each member of the consortium must contribute to the project in a meaningful way. This is generally through a financial commitment and activities in the workplan, but could also be providing IP or market expertise etc.
  • At least two members of the consortium must contribute financially to the project. Protein Industries Canada will reimburse up to 45 per cent of eligible costs of approved projects.
  • It will be up to the consortium members to determine the amount and nature of their respective contributions. The contribution of each consortium member does not need to be equal.
  • At least two partners must be Canadian companies or multi-national corporations who are legally entitled to do business in Canada with a significant Canadian business operation. Non-Canadian entities can participate in a consortium, based on approval by Protein Industries Canada.

Eligible Expenses

There is no set maximum that a project can receive, although Protein Industries Canada will only reimburse up to 45 per cent of reconciled eligible costs. Projects can be submitted as multi-year projects, with the expected annual expenses broken down by year in the proposed budget.

Deadline Date

EOIs will be accepted from Sept. 18. to Nov. 1, 2023. All projects must be complete by March 31, 2026.

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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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