The Saskatchewan Agri-Value Initiative (SAVI) enables the development and expansion of small to medium-sized enterprises or producer/processor organizations in their efforts to add value to agricultural products. The program supports these companies in making sound business decisions and capturing market opportunities.
Under the Growing Forward 2 policy framework, SAVI provides assistance to agri-businesses with access to information, business analysis, business growth and development funding, as well as support for skills and training development.
SAVI targets agri-businesses that are working on establishing or growing their value added businesses, or that are seeking opportunities to collaborate on developing, manufacturing or marketing value-added products for a more profitable and competitive agricultural industry.
Phase 1: Information Services
Saskatchewan Agriculture, through the Program Manager and/or an Agribusiness Specialist, provides advice, information and path-finding services in a number of areas including, but not limited to: business development, marketing/market development, market trends, food processing, safety and quality logistics and operations, funding sources and skills and training opportunities.
Phase 2: Business Proposal or Business Plan
The Business Proposal helps companies or producer/processor organizations understand their needs for growth and development in the following areas:
- Product Development;
- Human Resources;
- Marketing; and
The Business Proposal assists clients in evaluating the feasibility of their business idea, developing an action plan, getting financial support and providing Regional Farm Business Management Specialists with an overview of the proposed venture. For returning applicants, a business plan will be required.
Other tools, such as the Business Assessment template, are available for clients to further plan their business venture. Although not mandatory, this document is recommended to clients who are starting or expanding their business.
Phase 3: SAVI Funding Components
Eligible clients are small to medium-sized enterprises and producer/processor organizations that meet the following criteria:
- Maintain a significant business interest in Saskatchewan;
- Are involved in adding value to Saskatchewan agriculture products (i.e. food, feed, bio products); and
- Currently have a business plan or have completed a Business Proposal.
Enhanced Labour Training is open to all processors and businesses in the agriculture value-added industry (see Component 4 for more information).
- Applications will be accepted on an ongoing basis and will be reviewed for eligibility at the end of each month by the Agriculture Development Fund (ADF) Committee.
- Applications will be judged on the potential impact of the project within the province.
- Overall limit of $100,000 per company or organization over the program duration (April 1, 2013 to March 31, 2018).
- Individual component maximums are as follows:
In each component, applicants must match with 50 per cent funding.
Applicants can apply for each component more than once providing the component maximums are not exceeded over five years.
- Prototype and Product Development - $60,000
- Marketing/Marketing Opportunities - $40,000
- Skills and Training - $5,000
- Enhanced Labour Training - $100,000
Selection Criteria for Components:
- Potential economic impact of the project
- Probability of success
- Industry support
- Ability of applicant to complete the project
- Business approach/technical design
More information on eligibility and how to apply.