{"id":19283,"date":"2024-10-13T17:30:13","date_gmt":"2024-10-13T17:30:13","guid":{"rendered":"https:\/\/cultureadvisorygroup.com\/?p=19283"},"modified":"2024-10-13T17:36:24","modified_gmt":"2024-10-13T17:36:24","slug":"supply-management-processing-investment-fund-smpif","status":"publish","type":"post","link":"https:\/\/cultureadvisorygroup.com\/2024\/10\/13\/supply-management-processing-investment-fund-smpif\/","title":{"rendered":"Supply Management Processing Investment Fund (SMPIF)"},"content":{"rendered":"\n<p><strong>About the SMPIF<\/strong><\/p>\n\n\n\n<p>The Supply Management Processing Investment Fund (SMPIF):<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Supports the dairy, poultry, and egg processing sectors to mitigate the impacts of:\n<ul class=\"wp-block-list\">\n<li>The Canada-European Union Comprehensive Economic and Trade Agreement (CETA)<\/li>\n\n\n\n<li>The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Aims to assist existing processors in supply-managed sectors to increase their competitiveness and resilience in evolving markets<\/li>\n\n\n\n<li>Has an overall budget of $292.5 million from April 1, 2022, to March 31, 2028<\/li>\n<\/ul>\n\n\n\n<p><strong>Program Objective<\/strong><\/p>\n\n\n\n<p>The SMPIF supports investments in processing facilities to improve productivity and\/or efficiency through the acquisition of new automated equipment and technology.<\/p>\n\n\n\n<p><strong>Priority Consideration<\/strong><\/p>\n\n\n\n<p>Priority is given to:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Small and medium enterprises (SMEs)<\/li>\n\n\n\n<li>First-time applicants<\/li>\n\n\n\n<li>Processors manufacturing products on the import control list<\/li>\n\n\n\n<li>Projects that improve productivity<\/li>\n<\/ul>\n\n\n\n<p><strong>Eligibility<\/strong><\/p>\n\n\n\n<p><strong>Eligible Applicants<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>For-profit organizations, including corporations and cooperatives<\/li>\n\n\n\n<li>Processors of supply-managed commodities:\n<ul class=\"wp-block-list\">\n<li>Dairy (cows, ewes, goats, water buffalo)<\/li>\n\n\n\n<li>Poultry primary processors (chicken and turkey)<\/li>\n\n\n\n<li>Poultry further processors (chicken and turkey)<\/li>\n\n\n\n<li>Hatcheries (broiler, egg-type, or turkey)<\/li>\n\n\n\n<li>Egg grading and processed egg (chicken only)<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p><strong>Applicant Requirements<\/strong><\/p>\n\n\n\n<p>Applicants must be:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Operating in Canada<\/li>\n\n\n\n<li>Predominantly processing supply-managed commodities at the project location, with the majority sourced from Canadian raw commodities<\/li>\n\n\n\n<li>Holding an active federal or provincial licence for food processing activities<\/li>\n\n\n\n<li>Able to provide financial statements demonstrating ongoing revenues from processing (minimum of 24 months prior)<\/li>\n\n\n\n<li>Federally or provincially registered legal entities capable of entering into legally binding agreements<\/li>\n<\/ul>\n\n\n\n<p><strong>Funding Details<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Contributions are non-repayable<\/li>\n\n\n\n<li>Maximum AAFC contribution:\n<ul class=\"wp-block-list\">\n<li>Dairy: $10 million<\/li>\n\n\n\n<li>Others: $5 million<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Funding is available over the life of the program (2022-2028)<\/li>\n<\/ul>\n\n\n\n<p><strong>Funding Structure<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><thead><tr><td><strong>Size of Organization<\/strong><\/td><td><strong>AAFC Funding<\/strong><\/td><td><strong>Applicant&#8217;s Cash<\/strong><\/td><\/tr><\/thead><tbody><tr><td>SMEs (0-499 employees)<\/td><td>50%<\/td><td>50%<\/td><\/tr><tr><td>Large (500+ employees)<\/td><td>25%<\/td><td>75%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><strong>Eligible Costs<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Purchase and installation of new equipment<\/li>\n\n\n\n<li>Contracting external expertise for equipment installation services<\/li>\n\n\n\n<li>Modification of processing facilities necessary for equipment installation (excluding building construction)<\/li>\n\n\n\n<li>Purchase of land and buildings<\/li>\n\n\n\n<li>Research and development<\/li>\n<\/ul>\n\n\n\n<p><strong>Eligible Activities<\/strong><\/p>\n\n\n\n<p>Projects that increase automation and\/or improve productivity in processing facilities, such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Automation of existing production processes<\/li>\n\n\n\n<li>Improvement of existing automated or robotic processes<\/li>\n\n\n\n<li>Purchase of new production equipment or production lines<\/li>\n\n\n\n<li>Implementation or improvement of integrated management software<\/li>\n<\/ul>\n\n\n\n<p>Additional activities may include:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Improving environmental sustainability<\/li>\n\n\n\n<li>Responding to consumer demands for food safety and animal welfare<\/li>\n<\/ul>\n\n\n\n<p><strong>Application Process<\/strong><\/p>\n\n\n\n<p><strong>Deadlines<\/strong><\/p>\n\n\n\n<p>Applications are accepted until available funds are fully allocated or until March 31, 2028.<\/p>\n\n\n\n<p><strong>Two-Stage Application Process<\/strong><\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li><strong>Stage 1<\/strong>: Complete a Project Summary Form\n<ul class=\"wp-block-list\">\n<li>Determines applicant eligibility and alignment with program criteria<\/li>\n\n\n\n<li>If successful, invitation to apply for Stage 2<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Stage 2<\/strong>: Complete Project Application Package\n<ul class=\"wp-block-list\">\n<li>Submit detailed project budget form<\/li>\n\n\n\n<li>Respond to follow-up questions<\/li>\n\n\n\n<li>If successful, sign Contribution Agreement with AAFC<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<p>AAFC aims to provide a funding decision within 100 business days of receiving a complete application package.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>About the SMPIF The Supply Management Processing Investment Fund (SMPIF): Program Objective The SMPIF supports investments in processing facilities to<\/p>\n","protected":false},"author":5,"featured_media":19287,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[81],"tags":[],"class_list":["post-19283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-funding-and-resources"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cultureadvisorygroup.com\/wp-json\/wp\/v2\/posts\/19283"}],"collection":[{"href":"https:\/\/cultureadvisorygroup.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cultureadvisorygroup.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cultureadvisorygroup.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/cultureadvisorygroup.com\/wp-json\/wp\/v2\/comments?post=19283"}],"version-history":[{"count":2,"href":"https:\/\/cultureadvisorygroup.com\/wp-json\/wp\/v2\/posts\/19283\/revisions"}],"predecessor-version":[{"id":19286,"href":"https:\/\/cultureadvisorygroup.com\/wp-json\/wp\/v2\/posts\/19283\/revisions\/19286"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cultureadvisorygroup.com\/wp-json\/wp\/v2\/media\/19287"}],"wp:attachment":[{"href":"https:\/\/cultureadvisorygroup.com\/wp-json\/wp\/v2\/media?parent=19283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cultureadvisorygroup.com\/wp-json\/wp\/v2\/categories?post=19283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cultureadvisorygroup.com\/wp-json\/wp\/v2\/tags?post=19283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}