We want to help you make sure your idea for a project is eligible to be assessed before you spend your valuable time preparing an application. This FAQ should help you decide if this is the case.
What types of projects are eligible?
The Canada-BC Agri-Innovation Program (CBCAIP) is designed to help industry improve its capacity to be competitive and sustainable. Through the CBCAIP program, industry, academia, retailers and others in the agrifood industry will have access to funding to support the sector in accelerating the pace of innovation through late stage research and pilot projects that lead to the commercialization and/or adoption of innovative products, technologies and practices.
Am I eligible to apply?
IAF delivers funding programs designed to assist the agriculture, agrifood and agri-products industry in British Columbia. Eligible participants must be appropriately registered, licensed, certified, etc. to do business in BC. For the CBCAIP, eligible participants are:
BC agrifoods sector producers and processors
Retail and foodservice businesses
Input, technology and support services providers
Academic institutions and/or other organizations and private sector businesses
Regional districts and local governments
Eligible participants must have the capacity to meet objectives and deliver the intended results.
What types of project activities are eligible?
Eligible Activities include industry-led initiatives to research, pilot, and/or adopt new products, processes, practices or technologies that:
Promise (significant potential) to create a tangible benefit to the BC agricultural sector.
Promise (significant potential) to enhance the sector’s competitiveness, productive capacity and sustainability.
How much time do I have to complete my project?
Project length can range from a few months to a few years based on the type of project. A Program Manager will be able to provide additional information.
What activities or costs are not eligible?
IAF receives many inquiries every week from individuals with interesting ideas that might benefit from third-party funding. Sometimes these ideas are not eligible for IAF funding. Here is a list of some of the requests that we receive that are not eligible for consideration by IAF:
Business Risk Management-type activities
Normal and on-going operating and maintenance costs incurred by the recipients unless otherwise specified
Use of funding to subsidize purchase of common items that can be used for multiple purposes (eg., digital cameras, GPS, smartphones, measuring tapes)
Activities that do not provide a direct benefit to agriculture, agrifood and/or the agri-based products industry
Activities related to aquaponic food production, and to aquaculture, seaweed, fish and seafood production and processing
Tax credits or rebates
Development and enforcement of regulations
Projects or proposals that are considered long standing practices in the Province of British Columbia
Activities that are unlikely to result in an improvement of product attributes; and/or reduce production cost, increase productivity, or advance the sustainability of a commodity group or region
Activities that cannot demonstrate a benefit to the regional economy or commodity group
Activities considered a direct income support to a producer or processor
Costs incurred for the delivery of services/activities to ineligible individuals and/or organizations
Activities that do not comply with laws/regulations
Buying, starting or expanding a farm or business
Capital expenditures unless expressly approved for the project
Basic research defined as experimental or theoretical work that is undertaken primarily to acquire new knowledge without a commercial or specific application
Lobbying or influencing any level of government
Activities related to medical marijuana
Are ongoing programs or activities eligible?
All projects submitted to IAF for funding must be for time-limited activities that will be completed within a specified period. IAF is unable to fund ongoing programs.
Do I have to contribute my own money towards this project?
The CBCAIP is a cost-shared program. Depending on the broad benefit to producers and processors or British Columbians, you may be required to contribute up to 50% of the cash costs of your project.
How much can I apply for?
The CBCAIP does not have prescribed funding limits in terms of dollar value, rather the scope and the level of cost sharing for the project will be used to determine the funding that IAF provides. However, the more innovative and beneficial the project, the higher the funding ratio might be.
What type of capital expenditures are eligible costs?
No land or building costs are eligible. A portion of innovative equipment costs may be eligible the value of the capital during the life of the project as well as soft costs. For example a $100,000 piece of equipment that has an expected useful life of 10 years would result in eligible expenses of $10,000 a year which could be cost shared. Soft costs include installation, shipping, commissioning, testing and training costs.
Note: Where the capital portion of a project exceeds $100,000, the Federal Ministry of Agriculture must sign off on the expenses.
What if the machinery is rented or leased?
The total value of the rental cost or lease is an eligible expense if the total lease or rental costs do not exceed 75% of the value of the equipment over the life of the project.
When will I know if my application is approved?
Applications to the CBCAIP are accepted at any time until all of the program funding has been exhausted. Eligible applications will be reviewed approximately every 6 weeks. All applicants will be notified as soon as funding decisions have been made.
Where can I go for more information?
IAF encourages all potential clients to contact one of our Program Managers before applying. You can reach us by email at funding(at)iafbc.ca or by telephone at 250.356.1662.