Managed by the Canadian Cattlemen's Association, the National Beef Industry Development Fund (NBIDF) was an investment of $9.25 million by the governments of Canada, British Columbia and Alberta.
The purpose of the fund was to promote and enhance the competitiveness of the beef industry in Canada through funding research and/or development programs. It ran from March 2002 to March 2006 and was directed by an industry/government oversight committee and managed by the CCA.
Through stakeholder consultations, the following four priorities were identified:
- Expanded market share and security
- Increased product value
- Improved alignment of the supply chain
- Investment in knowledge and education (through innovation and adaptation)
More than 120 projects were funded, all of which fall within the determined priority areas.