Supply Management Processing Investment Fund (SMPIF)
Receive up to 50% of $5 million in Funding Support.
The Supply Management Processing Investment Fund (SMPIF) was created to address the impacts of international trade agreements on processors in the agri-food sector. This program will provide funding to processors of supply-managed commodities so they can invest in new automated equipment and technology to improve productivity and efficiency. In addition to leveraging private investments in processing plants, the Fund enhances product quality while lowering labour costs, addressing labour shortages, and accelerating automation adoption.
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Eligible Applicants
Companies may be eligible for funding if they facilitate dairy processing, are poultry processors, operate hatcheries, and egg graders and processors.
800+
Annual Funding Applications Supported
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Amount of Funding
Successful applicants may receive up to 50% of eligible project costs if they are a small and medium-sized enterprise (SME) with under 500 employees, or up to 25% for companies with more than 500 employees. Funding may provide up to a maximum $5 million per application.
Eligible Applicants
The program is open to companies that process supply-managed commodities, such as:
- Companies that facilitate dairy processing;
- Poultry Primary processors (chicken and turkey);
- Poultry Further processors (chicken and turkey);
- Businesses that operate hatcheries (broiler, egg-type, and turkey); and
- Agricultural egg graders and processors.
Eligible Activities
Funding may be provided to projects that focus on one or more of the following areas:
- Increasing automation efficiencies in processing facilities:
- Adding automation or robotics to an existing process;
- Improving automation or robotics that are already implemented;
- Activities associated with implementing a new production line; and
- integrating new management software technology.
- Improve a business’ environmental sustainability:
- Acquiring or implementing equipment that will reduce waste and consumption of water and energy; and
- Acquiring or implementing equipment that is necessary for treating an increase in waste water, as a result of increased production.
- Address food safety and animal welfare:
- Designing new packaging approaches that will increase a product’s shelf life; and
- Acquiring or implementing equipment that will control or reduce pathogens within a facility.
Program Deadline
This program has an open intake until funding is fully committed or further announcements are made.
Speak with a member of our team to find the latest intake period info for this program or subscribe to our newsletter to be notified.
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Successfully applying for the right funding program at the right time, focusing on the right topics is no easy challenge. We provide an average 95% time savings to our clients, compared to businesses that apply for funding in-house.
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