Caisse de dépôt et placement du Québec today announced the formation of Fonds agroalimentaire CDPQ, a $125 million fund to invest in every segment of Québec agri-food sector value chain, targeting both companies seeking to accelerate their growth and farmers who operate family businesses, and their successors.
Fonds agroalimentaire CDPQ will make direct investments (between $1 million and $30 million) with farmers and in projects and SMEs. The fund will also make investments, between $5 million and $30 million, in agri-sector funds.
Fonds agroalimentaire will target investments meeting certain criteria, including:
- A well-structured business plan;
- A well-established management team to provide farmers and entrepreneurs with proper support and structure;
A transition and succession plan;
- A solid performance track record and growth strategy;
- An investment structure positioning la Caisse as a long-term partner for sustainable businesses and projects.
photo credit: Hans Braxmeier via pixabay