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#Hobby farm equipment for sale professional#

For a project of $30,000 or more in value, you can request $7,500 of funding for the first $10,000 of project costs and $10,000 of funding for the project costs between $10,000 and $30,000.Ī full list of terms and conditions, including eligibility requirements, can be found in the Small Farm Business Acceleration Pilot Program - Terms and Conditions (PDF, 539KB). This means that for a project of $10,000 or less in value, you can request $7,500 in reimbursement funding. Project costs between $10,000 and $30,000 are supported at 50%.Project with costs up to $10,000 are supported at 75%.

An in-kind contribution is defined as a non-cash contribution that is provided by the business in order to assist with the completion of the project such as staff time. The remaining portion of the project costs must come from your business through cash or in-kind contributions. Program funding is designed to cover 50% to 75% of total approved project costs to a maximum of $17,500. Program funding must be used exclusively to generate income from commercial agriculture production which includes income from sales of farm commodities including production insurance, crop and livestock sales, and value-added farm products but does not include income from custom work, riding lessons, boarding horses, land and facilities rent, aquaculture, raising of pets, agri-tourism income, sales of forestry products and some agro-forestry products, government program payments, or any other non-commodity income. The program may provide cost-share funding for the purchase of equipment and/or construction or expansion of physical structures. These plans will undergo merit-based evaluation based only on the information submitted.

#Hobby farm equipment for sale professional#

Have not received cost-share funding from the Beneficial Management Practices Program (often referred to as the Environmental Farm Plan) or the On-Farm Food Safety Program in the last five (5) calendar years nor plan to apply for cost-shared funding with either of these programs in 2020/21.Īpplicants may be requested to provide documentation and references to demonstrate eligibility including, but not limited to, income statements provided by a certified professional account (CPA). If you are new to farming and have not filed a Farming Income and Expense Statements, the program may request the submission of interim statements.Ĭommercial farm infrastructure and equipment:Īll cost-share funding requests must include an up to date business plan and a growth plan as well as any supplier quotes associated with the request.Commits to apply for and, to the extent possible, complete an Environmental Farm Plan within a year of completing the Small Farm Business Acceleration Program.Received a Statement of Completion or Implementation from the Environmental Farm Plan Program OR.

All owners, members, and shareholders must be residents of British Columbia.

This applies to any agricultural business owned by any of the business entity’s owners, members, or shareholders.

Reported total farm annual gross revenue of less than $60,000 in the previous two years (20 tax statements) to Canada Revenue Agency.

Primary agriculture producer growing or raising fresh food or agricultural products in British Columbia which are intended for sale.

Committed to registering as a business before the completion of the project in March of 2021.

A B.C. registered business entity (including sole proprietors, partnerships, corporations, cooperatives, Indigenous economic development corporations, and band-owned businesses), OR.

Commercial farm business operations whose primary purpose is the production and sale of agricultural products and is either:.