Grants and Contributions:
Title:
Egg Farm Remodel
Agreement Number:
2425-CN-000104
Agreement Value:
$1,200,000.00
Agreement Date:
Jun 5, 2024 - Mar 31, 2027
Description:
Knutsford Ventures Inc will receive a repayable contribution in the amount of $1,200,000 (8% of total project costs) toward a 3-year $15,000,000 project to remodel the existing “Polar Eggs” farm to increase production capacity and bring the entire NWT egg quote back within the NWT borders.
Organization:
Canadian Northern Economic Development Agency
Expected Results:
This project is expected to create 5 new jobs in the community, maintain 2, and expand 2. The project will also create upstream and downstream jobs, delivery jobs, cleaning, etc.
Location:
HAY RIVER, Northwest Territories, CA X0E 0R5
Reference Number:
0780-2024-2025-Qrt3-0000024
Agreement Type:
Contribution
Report Type:
Grants and Contributions
Recipient Business Number:
783056203
Recipient Type:
For-profit organization
Recipient's Operating Name:
KNUTSFORD VENTURES INC.
Recipient's Legal Name:
KNUTSFORD VENTURES INC.
Federal Riding Name:
Northwest Territories
Federal Riding Number:
61001
Program:
Northern Isolated Community Initiatives
Program Purpose:
Supports food security in Northern and Indigenous communities by helping to strengthen and support Indigenous and northern food systems in Canada’s North, reducing food insecurity, and seeking out creative solutions to food challenges across Canada’s North. This initiative will also support investments in northern small- to medium-enterprises, territorial governments, and community organizations pursuing food security related initiatives.