New Entrant Farm Business Accelerator Program
GrantBritish Columbia$1,250 – $15,000
The New Entrant Farm Business Accelerator Program (NEFBA) provides financial support to new agricultural producers in British Columbia to help them grow their businesses through business planning, development, and growth strategies, as well as cost-share funding for commercial farm infrastructure and equipment. The program operates in two phases: Phase 1 funds business plan development and growth strategy preparation, while Phase 2 offers cost-share funding for infrastructure projects for successful Phase 1 applicants.
What you'll need
- Farm business plan or updated business plan
- Growth strategy document
- Proof of farm income reporting to Canada Revenue Agency or confirmation of new entrant status
- Business registration certificate or commitment to register
- Project budget and cost estimates for Phase 2 infrastructure project
- Proof of primary agriculture producer status in British Columbia
How it works
What it can fund
- Develop or update a comprehensive farm business plan
- Create a growth strategy to accelerate revenue growth
- Purchase commercial farm infrastructure and equipment
- Fund business consulting services for strategic planning
- Support cost-share infrastructure projects to improve farm viability