Dairy Commission's Investment Fund
The Canadian Dairy Commission has a Matching Investment Fund (MIF). It’s a three year, $6 million fund designed to encourage growth and innovation in the manufacture and use of Canadian dairy products and ingredients. Your project could receive $50,000 for consultations and $250,000 for product development from the MIF. This funding must be matched in cash or in kind by your business. Projects that use milk protein concentrate or skim milk powder may qualify for higher levels of funding.
If your business is small (less than 25 employees) with a consultation project not exceeding $5,000 in costs, you are exempt from the matching investment requirement. In this case, up to 100% of eligible costs may qualify for reimbursement.
Who qualifies? Registered Canadian companies or recognized food technology centres (FTCs) that develop, manufacture and/or use Canadian dairy products and ingredients are eligible.
For more information:
CDC marketing officer Shana Allen is also available to discuss funding proposals at (613) 792-2035 or by email at email@example.com.