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About
The Agrivalue Processing Business Incubator (APBI) is a multi-tenant facility that provides infrastructure and services to support the establishment and growth of food processing business ventures in Alberta. The APBI meets federal food-regulation requirements, enabling tenant companies to market their products nationally and internationally.
Industry
Food and Bio Processing
Program Type
Incubator
Stage
Seed
Early Stage
Requirments
Business Plan
Proof of funds
More Info
Info
Services
Criteria
Subprograms:
- Agrivalue Processing Business Incubator
- Food Processing Development Centre
Lease Terms and Exit Criteria at APBI:
Lease:
- Term: 3 years with 2, 1-year renewal options.
- Total fees Year 3: $167,200
- Benefits: Access to Business Development Officers (BDOs) for coaching, programs, services, resources, and connections.
Exit:
- Goal: Graduates become successful and find permanent arrangements beyond the incubator.
- Equipment: Remove tenant-owned equipment within 30 days.
- Condition: Restore the suite to its original state upon exit.
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