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Atlantic Canada Business Grants

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Jobs and Growth Fund

Amount:

No Fixed Amount

Type of Program:

Grants & Loan


Description:

The Jobs and Growth Fund (JGF) provides funding to businesses and organizations to help create jobs and position local economies for long-term growth.

Comments on Funding:

Funding will take the form of:

  • interest-free repayable contributions for up to 50% of eligible costs for eligible businesses;
  • non-repayable contributions for up to 90% of eligible costs for not-for profit organizations.
    Indigenous-led organizations and/or businesses are strongly encouraged to apply.

Indigenous-led organizations and/or businesses are strongly encouraged to apply.
Under the initiative, RDAs may contribute up to 100% of eligible project costs for projects with Indigenous clients.
 


When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

​Applicants must be:

  • businesses, including co-operatives,
  • not-for-profit organizations and community economic development partners.

Application Steps:

Applicant must:

1

consult the applicant guide

2

fill out the Jobs and Growth Fund application form online

3

send the form through the application for financial assistance page or by mail to the ACOA regional office in your province.

Documentation Needed: 

​For-profit applicants must submit a completed application form and the following supporting documents:

  1. 1
    incorporation documents and information on ownership (names and percentage of ownership),
  2. 2
    financial statements (current and last two years),
  3. 3
    research and development (r&d) project plan, business plan and/or marketing plan,
  4. 4
    supplier quotes,
  5. 5
    copies of relevant permits and licences,
  6. 6
    other relevant documents (specify).

Not-for-profit applicants and other applicants must submit a completed application form and the following supporting documents:

  1. 1
    constituting / incorporating documents and list of directors/members of the board,
  2. 2
    financial statements (current and last fiscal year),
  3. 3
    description and mandate of the applicant, including the management and qualifications of key personnel,
  4. 4
    HST rebate information (I.E. rebate rate),
  5. 5
    one of the following two items is required: research and development (r&d) project plan or detailed project description, including milestones, costs, financing, key partnerships established and evidence of support from the community,
  6. 6
    supplier quotes,
  7. 7
    copies of relevant permits and license's,
  8. 8
    other relevant documents (specify).

Other Things to Note:

  1. 1
    Applications will be accepted on a continuous intake basis until such time as the funding is fully allocated. 
  2. 2
    The fund, delivered by Canada's regional development agencies (RDAs), provides $700 million nationally over three years, which includes up to $70 million dedicated to businesses created after January 2020 that meet eligibility criteria.
  3. 3
    In Atlantic Canada, the Atlantic Canada Opportunities Agency (ACOA) is investing $70 million to help job creators and the organizations that support them to future-proof their businesses, build resiliency and prepare for growth by transitioning to a green economy, fostering an inclusive recovery, enhancing competitiveness, and creating jobs in every corner of the country.

Program Contact:

​Jobs and Growth Fund

​APPLICATION FOR FINANCIAL ASSISTANCE JOBS AND GROWTH FUND

​JOBS AND GROWTH FUND APPLICANT GUIDE​​​

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