Sustainability Capital Investment Program (SCIP) - Farm Credit Canada (FCC) | Govgrant
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Sustainability Capital Investment Program (SCIP)

Farm Credit Canada (FCC) · FCC's Sustainability Capital Investment Program provides annual incentive payments to existing FCC customers who undertake capital projects in equipment, techn…

Overview

FCC's Sustainability Capital Investment Program provides annual incentive payments to existing FCC customers who undertake capital projects in equipment, technology, or infrastructure that support sustainable practices. Eligible customers receive an annual incentive equal to 1% of their outstanding loan balance for up to five years on the SCIP-eligible portion of their project.

Eligibility

Must be an FCC customer with available credit or outstanding FCC balance for at least six monthsPlanning a capital project in equipment, technology or infrastructure that supports sustainable practicesProject must reduce emissions, enhance soil health, boost biodiversity, or improve water qualityApplication must be submitted at or before loan origination, before funds are disbursed

Eligible projects

Equipment purchases that reduce emissions or support sustainable practicesTechnology investments in sustainability improvementsInfrastructure construction that enhances soil health, biodiversity, or water qualityCapital projects related to farm equipment, technology or infrastructure with sustainability benefits

Financing terms

Annual incentive payment equal to 1% of outstanding loan balance on SCIP-eligible portionIncentive paid for up to five yearsCalculated on principal not due on the anniversary of loan disbursement each yearIncentive is tied to the SCIP-eligible portion of the project as it amortizes

How to apply

1Check eligibilityConfirm you meet every criterion listed above before you start.
2Prepare the project packageProject description, budget with quotes, team, and recent financial statements.
3Apply on fcc-fac.typeform.comGovgrant members can draft the application with AI and export a formatted PDF.
4Respond to reviewer questionsMost programs come back with one round of questions within a few weeks of submission.

Additional information

Program is delivered by Farm Credit Canada, a non-government agricultural lenderNon-customers can speak with an FCC Relationship Manager about becoming a customer and eligibility pathwayContact SustainabilityPrograms@fcc-fac.ca or an FCC Relationship Manager for questions
At a glanceMaximumVariesProviderFarm Credit Canada (FCC)DeadlineRolling intakeStatusOpenRegionCanadaOfficial sourcefcc-fac.typeform.com ↗
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