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  Information Articles
Changes to GYFP – Increased Benefits!

More opportunities for new farmers – improved cost-share opportunities to help new farmers set their business goals, improve their farm-related skills and develop actionable business plans.

Support for leadership and governance skills – with the increasing complexity of modern farm businesses, these are the management skills that producers need to grow more profitably.

More Advanced Business Plans – up to $20,000 in cost-share funding to support the development of up to three business plans for a farm business.

The Business Development for Farm Businesses program helps producers improve their business planning. By combining self-assessment and action plan development with a range of cost-share advisory services and skills development opportunities, this program can help producers reach their farm business goals.

The Business Development for Farm Businesses program is one of the Best Practices suites of programs under Growing Forward, a federal-provincial-territorial initiative. For more information on this program, please contact the Ontario Soil and Crop Improvement Association at 1-800-265-9751 or visit our website at http://www.ontariosoilcrop.org

Increased Benefits for New Farmers*

1. Agriculture Skills Development

a) Cost-share is now 75 per cent to a maximum of $4,500 for formal training and customized one-on-one training.

b) Leadership and governance is a new opportunity under skills development. Cost-share is 75 per cent to a maximum of $4,500.

Total funding available under Agriculture Skills Development is $9,000.

2. Advanced Business Planning

Cost-share is 75 per cent to a maximum of $20,000. Up to three projects may be completed with a maximum cost per project of $8,000.

* A new farmer is defined as a producer that has had no farming income two and three years prior to the year of enrollment in the Business Development for Farm Business Program. Farming income in the year prior to enrollment is permitted.

Increased Benefits for Existing Farmers

1. Agriculture Skills Development

Leadership and governance is a new opportunity under skills development. Cost-share is 50 per cent to a maximum of $3,000.

Total funding available under Agriculture Skills Development is $6,000.

2. Advanced Business Planning

Cost-share is 50 per cent to a new maximum of $20,000. (The previous funding cap was $8,000). Up to three projects may be completed with a maximum cost per project of $8,000.

Learn more about this program here: http://www.ontariosoilcrop.org/en/fbppover.htm

 
 

 
 


Eastern Ontario AgriNews is published on the third Monday of each month. The printed version is distributed free by postal mail to farms in Eastern Ontario, Canada.

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