Business Plans

Stream: Processor

Code:

EMBA-PR-B

Title: Business Plans

Who should apply?

Any established, expanding or start-up business that wishes to develop a business plan to increase or improve financial sustainability, address growth needs and opportunities, and define concrete next steps.

To apply you must:

• There are no additional qualifications necessary in order to apply to this Project Category

Eligible activities and expenditures:

• Third-party advisory costs to develop the following:
  • Expansion Plan
  • Human resources plan
  • Business plan
  • Risk management plan
  • Feasibility plan
  • Diversification plan

Ineligible activities and expenditures:

• Licensing, contracting, incorporation, legal or other fees
• Ongoing audits or assessments that are part of standard business practice, including:
  • Food safety audits or assessments
  • Product verification audits or assessments
• Operationalization or implementation of a plan
• Travel and mean costs
• In-kind contributions
• Activities and expenditures as detailed in the Program Guidelines

Cost-share per cent:

35 per cent

Maximum available cost-share per project:

$20,000

Required Documentation:

• Quote or proposal from a third-party organization or consultant, detailing services to be provided, outcomes and costs
• Applicable Project Information Form

Merit assessment criteria:

Applications will be assessed against the extent to which:

• Project increases ability to address a business need or opportunity
• Project provides increased capacity to plan for and manage business growth
• Project outlines expected business results
• Project helps address regional (e.g., northern), sector or community level needs
• Resources, experience and skills necessary to oversee and carry out the project are identified
• Project work plans are clearly defined and aligned to project goals

Other useful information: