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Alberta Business Grants Ltd.

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Smart Growth Program │ Bioenterprise:

July 5, 2022

Value

Up to 100,000 in non-repayable funding.

Description

SmartGrowth invites food and agri-tech businesses with innovative technologies to lead impactful projects that will accelerate their business growth and profitability while strengthening the regional economy for southern Ontario and Canada’s agri-technology industries.

Bioenterprise’s SmartGrowth program is a matching fund that provides eligible enterprises with:

  • Up to 100,000 in non-repayable funding
  • Coaching/mentorship support services

Eligible Applicants

Companies applying for the Bioenterprise SmartGrowth Program must be:

  • For-profit SMEs with technologies at or beyond Technology Readiness Level 7 (TRL-7+) stage of development
  • Businesses that operate in the food and agri-tech sectors and provide a benefit (directly or indirectly) to local and provincial agriculture and/or the producer/processor community
  • Businesses that have less than 500 employees
  • Incorporated in Canada and headquartered in southern Ontario (regions are outlined in the Program Guide)
  • Businesses that have raised a minimum of $200,000 in Working Capital in the 2021 calendar year*

* Working Capital includes:

  • Sales revenues (minimum of $100,000) plus
  • Non-Arm’s Length Equity Investments raised

Eligible Expenses

Eligible Project Costs include costs that are:

  • Directly related to the intent of the project
  • Directly connected to the Project Milestone Plan
  • Reasonable and required to carry out the project
  • Incremental to the cost of doing business
  • Subject to approval by Bioenterprise
  •  Auditable (complete documentation is necessary)

Deadline Date

Not currently accepting applications.

Contact

Industry:

Agriculture

Location:

Ontario

I’m going to let you in on a secret: You don’t have to waste countless hours or drown in paperwork to win grants

With ABG, you can find the right grants, prepare for your meeting, and write a winning application that will get you the most money, in the least amount of time.

Contact Alberta Business Grants right now.

Download Now! Five Grant Gotchas

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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