It has already funded more than 100 projects, 67 of them for applied research and pilot and demonstration projects and 10 for commercialization projects.
More than 30 of them are receiving mentoring through the Ontario Accelerator Hub.
The money is in the Ontario Agri-Food Research Initiative.
The initial applications opened in October last year with $16.5 million and among projects funded is one for biosecurity for hog and poultry farms, another to detect contamination at food processing plants and large farms and one to improve data management on dairy farms.