Strategic Industry Growth Initiative Program

Overview of the Strategic Industry Growth Initiative Program program:

The Strategic Industry Growth Initiative (SIGI) is designed to increase the competitiveness, productivity and profitability of the agriculture industry through a coordinated effort to accelerate the development and successful commercialization of food products from Prince Edward Island. This program will primarily focus on projects which will increase the competitiveness, productivity, and profitability of Prince Edward Island’s agriculture and agri-food sector by identifying, creating, or maintaining market and innovation-based opportunities; facilitating value-chain development; and encouraging the formation of strategic relationships. Priority will be given to holistic projects whose outcomes have broad sector and/or industry benefits.

Benefits of the Strategic Industry Growth Initiative Program program:

• Eligible Activities/Expenses
• Development and implementation of industry/sector strategies;
• Research and feasibility studies related to delivery of products;
• Consulting or business coaching on applied market research and value-chain development;
• Access to capital and support services for new and/or expanding business ventures;
• Support for activities to identify commercialized products, technologies, practices or processes for widespread adoption by the sector;
• Support for businesses to commercialize and adopt new products, technologies practices or processes; and
• Projects which will result in recruitment and retention of labour in the agriculture sector.

Eligibility criteria of the Strategic Industry Growth Initiative Program program:

• Eligible Recipients
• Mikmaq First Nations and other Indigenous groups;
• Agri-businesses;
• Agri-processors;
• Agriculture industry organizations, clubs, and associations;
• Public, private, and academic research bodies;
• Entities collectively representing all agricultural sectors with the necessary expertise to deliver; project outcomes; and
• Others may be considered upon request.