$40.9 Million Added to the Food Processing Program by the Government of Quebec
Renewed support for food processing companies
Do you have a project to digitize a Quality, OHS, or ESG process? Take advantage of government financial assistance of up to $525,000.
Companies, especially SMEs, can benefit from the Food Processing Program, which supports businesses in carrying out projects that will help increase their productivity and competitiveness.
Since its launch in 2018, the Food Processing Program has provided approximately $235 million in financial assistance to 2,246 projects, resulting in total investments of over $2.3 billion.
This new investment of $40.9 million also provides support for businesses in the face of current market uncertainty.
Furthermore, to strengthen the program’s impact on the food processing sector, certain eligibility criteria have been modified:
A limit of one financial assistance application per stream and per company, including related companies, has been established;
An upper limit has been added to select only companies with annual revenues of $200 million or less;
The maximum amount granted per company has been adjusted and can now reach up to $525,000.
The Food Processing Program includes the following four streams:
The goal of the Food Processing Program is to support businesses in the food processing sector that are undertaking automation and robotics projects to increase workforce productivity, particularly in response to challenges such as labour shortages. The program also supports market development and the implementation or updating of quality and food safety management systems. In addition, it assists slaughterhouses and cheese producers in implementing environmental solutions.
All eligible companies will be able to apply for financial assistance under the program starting May 7, 2025, until September 30, 2025, or until the budget envelope is exhausted, whichever comes first.
Don’t miss this opportunity to take your business to the next level!
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