Business Development Program (BDP)
Amount:
No Fixed Amount
Type of Program:
Grants & Loan
Description:
The Business Development Program (BDP) helps entrepreneurs launch, modernize and grow their business in Atlantic Canada.
Comments on Funding:
Funding is an interest-free and unsecured contribution for 50% of eligible costs for start-ups and business expansions and an interest-free contribution to cover up to 75% of eligible costs for activities such as staff training, efficiency studies, marketing/trade activities, productivity improvements, quality assurance, environmental management systems.
When It Ends:
Ongoing
Deadline:
Rolling Deadline
Eligibility:
Applicant must be:
Application Steps:
Applicant must:
contact their nearest ACOA office to discuss their project;
complete and submit the Application for Financial Assistance form.
Documentation Needed:
For-profit applicants must submit a completed application form and the following supporting documents:
- 1incorporation documents and information on ownership names and percentage of ownership
- 2financial statements (current and last two years),
- 3R&D project plan, business plan and/or marketing plan,
- 4supplier quotes,
- 5copies of relevant permits and licenses,
- 6other relevant documents (specify).
Not-for-profit applicants and other applicants must submit a completed application form and the following supporting documents:
- 1constituting/ incorporating documents and list of directors/members of the board,
- 2financial statements (current and last fiscal year),
- 3description and mandate of the applicant, including the management and qualifications of key personnel,
- 4HST rebate information (I.E. rebate rate),
- 5one of the following two items is required: (R&D) project plan or detailed project description, including milestones, costs, financing, key partnerships, established evidence of support from the community,
- 6supplier quotes,
- 7copies of relevant permits and licenses,
- 8other relevant documents (specify).
Other Things to Note:
Date modified: 2022-08-16
No details available for non-profits. Previously it was mentioned that it was non-repayable.
