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Funding Alert: Agri-Food Energy Cost Savings Initiative for Ontario

Canadian Government Funding and SR&ED Tax Credits > Insights > Funding Alerts > Funding Alert: Agri-Food Energy Cost Savings Initiative for Ontario
Funding Alerts
May 3, 2023

 

Agri-Food Energy Cost Savings Initiative Initiative de réduction des coûts d’énergie pour le secteur agroalimentaire

Funding Alert: Agri-Food Energy Cost Savings Initiative for Ontario

Agri-Food Energy Cost Savings Initiative (ECSI) is intended to strengthen competitiveness, profitability, growth and long-term sustainability of Ontario’s food processing sector by subsidizing investments that increase energy efficiency and reduce GHG emissions while decreasing operating costs.

Agri-Food Energy Cost Savings Initiative is intended to strengthen competitiveness, profitability, growth and long-term sustainability of Ontario’s food processing sector by subsidizing investments that increase energy efficiency and reduce GHG emissions while decreasing operating costs.

Funding Amount

20% of eligible costs up to $300k per project.

Eligible Applicants

Ontario Processor with CRA BN, Premises ID # for project location:

  • Slaughterhouse/abattoir
  • Agri-food-processor (such as food or beverage)
  • Bio-processing company (such as food, industrial)
  • Packing house (such as chopping; irreversible actions to product)
  • Pet food and fertilizer manufacturer
  • Food/agricultural commodity/bio-processor waste company

Eligible Activities

  • Purchase or modification of:
    • Equipment/Technology that improves energy efficiency
    • Water use Equipment/Technology that improves energy efficiency
  • Acquisition of Energy Monitoring Controls Equipment/Technology
  • “Building Envelope” Energy Efficiency Improvements
    • Renewable Energy
    • Lighting
    • Ventilation
    • Refrigeration
    • Water Heating and Cooling

Any activities that do not reduce overall operational costs are ineligible.

Funding Timeline

Applications will be accepted from April 27, 2023 until June 5, 2023

Eligible Costs

Costs incurred after approval but before March 31, 2025

Equipment and Water Equipment Costs that improve energy efficiency:

  • Purchase and installation (including parts/components)

Facility Improvements

  •  For Building Energy Efficiency Improvements (see activities above)

Ineligible Costs

  • Ordinary Business Operations
  • Third-party planning, analysis, design, training, engineering etc.
  • Purchase of used/refurbished equipment/technology not from OEM
  • Vehicles, Transportation Equipment, Construction/Agriculture machinery
  • Ancillary Equipment purchase and installation (e.g. pipes, valves, fittings)
  • Lease of equipment/parts/technology

 


Thinking of applying for financing? Don’t wait! These funds are highly competitive. Contact us today to get started!


Why Ayming?

Our team of experts will take the time to understand your current and future planned projects. We will then align these initiatives to the program in order to provide you with the highest ROI and the highest chance of approval.

  • We have extensive experience working with Canadian SMEs and have the expertise to properly position and maximize your application to secure your business funding.
  • We are the first Canadian company to establish a national grants practice.
  • Our proprietary artificial intelligence (AI) driven database of grants provides live access to thousands of programs, including a custom snapshot of all federal and provincial grants currently available to each company specifically.
  • Our highly experienced delivery teams boast over 50 + years of combined grants experience and over 200+ years of combined SR&ED experience, meaning you partner with true subject matter experts who are invested in your success.
  • No risk success-fee remuneration.

Contact one of our Grant experts today to get your application started ASAP before program funding is depleted! We’re here to help and answer all of your questions.

Find out more about our Grants process here.

Contact us today!

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