Since the Agricultural Fund’s inception in 2018, Northern Development Initiative Trust has served as the fund’s administrator.
Support the Peace Region’s opportunity for agricultural production and agrifoods economic activity.
The Agricultural Fund supports agriculture in the Peace Region by providing grant funding to those involved in growing and producing. There are two grant intake cycles per year. Information about this year’s intake cycles can be found here (hyperlink).
Learn about the three funding streams available through the Agricultural Fund by visiting the Our Programs page.
The Agricultural Fund is governed by a 10-member board of directors. Of the 10 directors, six are regional appointees of regional agricultural associations or the Peace River Regional District (PRRD). One member is a Peace River Valley agricultural producer and the other three are members-at-large.
Northern Development’s role as the fund administrator is to sustainably manage the $20 million fund and provide administrative support and expertise to BC Hydro and the board to effectively manage the fund during the construction of Site C. When the Trust was appointed administrator in 2018, the Agricultural Fund board and Northern Development staff worked together to develop a financial management plan for the fund, with a goal of preserving the $20 million capital investment and using investment returns for grants for the first five years.
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If you have any questions please contact the fund administrator.
Northern Development
Email: agfund@northerndevelopment.bc.ca
Phone: 250-561-2525