Federal COVID-19 Support
|Program Name||Description||Contact Details|
|Forage Growth fund||Support for businesses in the agriculture and food industry that have been significantly disrupted by the COVID-19 crisis. Provides the opportunity to partner with an active investor to help stabilize the business for recovery.|
Current focus areas include food processing and manufacturing; crop inputs and fertilizers; farm equipment manufacturing; distribution, merchandising and logistic companies
|Forage Capital Partners|
|FCC COVID-19 Support Program||Businesses have the opportunity to access an additional credit line up to $500,000 or an additional term loan up to $2.5M. Existing clients can also defer principal/interest payments.||Farm Credit Canada|
|Regional Relief and Recovery Fund: COVID-19||Interest-free loans to help businesses to allow them to continue their operations and to support businesses in projects that prepare for a successful recovery. Applied to through your Regional Development Agency (RDA)||Contact details will vary between RDAs|
Notes: These programs have been announced, but further details have not been released yet. It is recommended to keep an eye out for more details regarding these programs, as they may be valuable during the recovery phase.