Bioeconomy Crop Initiative (Prince Edward Island, Canada)
Last modified on February 12, 2015.
|Place||Prince Edward Island, Canada|
|Applies to States or Provinces||Prince Edward Island, Canada|
|Name||Bioeconomy Crop Initiative (Prince Edward Island)|
|Policy Category||Financial Incentive|
|Policy Type||Rebate Program|
|Funding Source||Agricultural Flexibility Fund|
|Maximum Incentive||50% for primary producers and agribusinesses, Up to 100% for agriculture industry organizations|
|Program Budget||$2.9 M (Canada)|
|Program Administrator||Peter Boswall|
| Last Substantive Modification
The Bioeconomy Crop Initiative was being offered by the P.E.I. Department of Agriculture through the Agricultural Flexibility Fund, a cost-sharing agreement between the Government of Canada and the Province of Prince Edward Island. The Bioeconomy Crop Initiative was an approximate $2.9 million dollar initiative that allowed Island farmers to pursue emerging market opportunities by producing crops for the bioeconomy while working to improve the environmental sustainability of the Province.
This initiative is part of the overall effort to increase the competitiveness of the agriculture sector.
The purpose of the Bioeconomy Crop Initiative is to identify the economic and environmental benefits of crops that will serve as platforms for the development of the provincial bioeconomy. Fall rye, perennial grasses, hybrid willows and other potential bioeconomy crops will be evaluated to progress towards the commercialization stage through a series of trials, demonstrations and pilot projects. Assistance is available through this program for producers, agri-businesses and agricultural industry organizations.
Perennial Biomass Development The preliminary evaluation of certain perennial grass and hybrid willows under P.E.I. conditions is necessary for the development of these two bioeconomy crops. It is anticipated that by the time the preliminary evaluations are complete, the particular role of these two crops in the bioeconomy will be more clearly defined. Technical assistance may be provided by staff from the Department of Agriculture for site preparation and monitoring of results. This program is not intended for crops to be planted in buffer zones and funding will not be provided for such activity.
Eligibility: • Applications will be accepted from primary producers, agriculture industry organizations and agribusinesses. • Applications are to be submitted at least sixty (60) days in advance of the intended date of planting the proposed crop. Late applications may be accepted if funding is not fully committed. • Applicants must agree to maintain the plantation site(s) until the end of the program in 2014. In the event of a crop failure or loss, a project may be terminated early upon mutual agreement of the applicant and the Department of Agriculture. • Applicants must agree to follow a management protocol that is mutually agreed upon by the applicant and the Department of Agriculture. This protocol may be modified upon mutual consent. Rate of assistance*: Funding will be provided on an annual basis. The level of funding differs for primary producers/agribusinesses and agriculture industry organizations. • 50% for primary producers and agribusinesses • Up to 100% for agriculture industry organizations Eligible expenses will include, but may not be limited to, the documented costs for: • Site preparation, cost of seed, planting, crop maintenance and harvesting.
|Contact Name||Peter Boswall|
|Phone 2||(902) 314-0829|
|Contact Name||P.E.I. Department of Agriculture Information Desk|
|Department||P.E.I Department of Agriculture|