Atlantic Canada Business Grants

Accepting applications

Online Presence Micro Loan

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Amount:

$2,500.00

Type of Program:

Grant, Loan

Description:

The CBDC Online Presence Micro Loan provides financing for small businesses looking to create or improve their online presence.

Comments on Funding:

Funding is up to $2,500 +HST for the set up of the website (inclusive of E-Commerce). The loan has a $500 forgivable training portion and interest rate is prime +2, with flexible repayment terms and no application fees. 

When It Ends:

Accepting applications starting January 5, 2022

Deadline:

Rolling deadline

Eligibility:

The applicant must:

  • Applicants must be small businesses looking to create or improve their online presence.

Application Steps:

1

Applicants must complete and submit the Online Presence Micro Loan Application.

Documentation Needed: 

  1. 1
    Financial statements/ Statement Self Employment Earnings for last fiscal year (if applicable),
  2. 2
    Interim (in-house) Financial statements up to date of application,
  3. 3
    Quote for website improvements from technology company,
  4. 4
    Proof of being up to date with the CRA.

Other Things to Note:

Grant portions of the loan are limited, so please apply as soon as possible.

Program Contact:

Online Presence Micro Loan

Online Presence Micro Loan APPLICATION FOR FINANCING

Regis Duffy BioScience Fund (Duffy BioScience)

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Amount:

$100,000

Type of Program:

Investment

Description:

The Regis Duffy BioScience Fund (Duffy BioScience) invests up to $100,000 in emerging bioscience related businesses that are at the commercialization or near commercialization stage of their development with activities in Prince Edward Island.
Their aim is to increase each project's chances of successfully getting to market and to help small Prince Edward Island bioscience start-up companies carry out their innovation efforts within Prince Edward Island.

Comments on Funding:

Investment size is up to $100,000. 

When It Ends:

Ongoing

Deadline:

Rolling Deadline

Eligibility:

The applicant must:

  • be emerging bioscience related businesses,
  • be at the commercialization or near commercialization stage of their development,
  • have activities in Prince Edward Island.

Application Steps:

1

submit a Statement of Interest (SOI) as an initial application used for preliminary screening and subject to a review process,

2

submit a Confidentiality and Disclosure Agreement (CDA) they will receive if considered eligible for funding,

3

meet with members of Duffy BioScience's Advisory Board to do a brief presentation,

4

submit a business plan if the Management Team determines that the project appears to be a proper fit for funding,

5

meet with the Management Team to discuss the business plan. If it determines that an investment is warranted, they will issue a Term Sheet to the applicant. If the terms are acceptable, the Fund will conduct a more detailed review of the business and issue a definitive agreement to be signed, if they are satisfied with what they find.

Documentation Needed: 

The applicant must submit:

  • a Statement of Interest (SOI) including the following information: full name and address of company (include both mailing and civic address if different), applicants title/position, contact information (phone and fax numbers, email address), details on ownership of the company, a brief statement about their company including the nature of the business and its current status, a statement outlining what they are proposing to do and what support they are requesting, and confirmation that the proposed activity is BioScience related and will occur on Prince Edward Island,
  • a business plan including the following elements: executive summary, business description, market analysis, competitor assessment, marketing plan, operating plan, financial plan.

Other Things to Note:

No other details available.

Program Contact:

Duffy BioScience website

Application Process - Duffy BioScience

Perennial Crop Development Program

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Amount:

$40,000

Type of Program:

Grants

Description:

The Perennial Crop Development Program supports the establishment of new cropping systems and improvements in existing systems using technological advances and improvements in storage and production practices. Applications will be assessed for a project’s ability to have both ecological and economic benefits.

Comments on Funding:

Funding is up to 50% of the eligible expenses, up to a maximum of $40,000 per project.
In the event that the Perennial Crop Development Program receives more eligible applications than available funds, the Department reserves the right to pro-rate funding. 

When It Ends:

Ongoing

Deadline:

2022 dates to be announced

Eligibility:

The applicant must:

  • Mi'kmaq First Nations and other Indigenous Organizations;
  • agricultural producers; 
  • small to medium-sized agri-businesses.

Others may be considered upon request.

Application Steps:

Applicants:

1

are encouraged to contact the Perennial Crop Development officer prior to their application, 

2

must submit their completed applications via regular mail or email to the attention of the Perennial Crop Development Program Officer.

Documentation Needed: 

The applicant must submit:

  • the completed application form,
  • a project proposal.

Other Things to Note:

This program is part of the Canadian Agricultural Partnership (2018-2023).
The Perennial Crop Development Program is designed to increase environmental sustainability in PEI’s agriculture sector.

Program Contact:

​Perennial Crop Development Program

​Perennial Crop Development Program Guidelines​​​

​Perennial Crop Development Program Application Form​​​

Community Celebration Fund

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Amount:

$2,500

Type of Program:

Grants

Description:

The Community Celebration Fund provides funding of up to $2,500 to non-profit organization to assist with costs to present a festival or event.

Comments on Funding:

The applicant is eligible for up to $2,500 to assist with costs to present a festival or event.

When It Ends:

Accepting applications starting February 15, 2022

Deadline:

April 15, 2022

Eligibility:

The applicant must:

  • Prince Edward Island non-profit organizations,
  • organizing a festival or event which attracts visitors to PEI and provides them opportunities to experience Prince Edward Island’s heritage, culture, and cuisine. The festival or event must clearly and specifically target participants and spectators and align with the priorities of the PEI Culture Action Plan and should reflect a quality PEI cultural experience and be environmentally sensitive.

Application Steps:

1

submit online all supporting documents with their completed application,

2

sign the funding agreement, if the case, to receive 80% of funds. The final 20% will be released upon receipt of final invoice and the approval of the final reporting documents, due before March 31st.

Documentation Needed: 

The applicant must submit:

  • a fully completed application form,
  • a pre-established budget including proposed revenues and expenses with all funding resources and requests,
  •  financial statements of the event from previous year(s),
  • detailed sponsorship and marketing plans.
  • a COVID-19 Operational Plan and a viability plan. 

The final 20% will be released upon receipt of final invoice and the approval of the final reporting documents, due before March 31st.

Other Things to Note:

Applications will be accepted between February 15th 2022, to April 15th 2022 at 4pm.

Program Contact:

Community Celebration Fund

Canada Community Revitalization Fund

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Amount:

 $ 750,000.00 

Type of Program:

Grants

Description:

The Canada Community Revitalization Fund (CCRF) aims to help communities across Canada build and improve community infrastructure projects so they can rebound from the effects of the COVID-19 pandemic.

Comments on Funding:

Funding will be determined based on the minimum amount required to carry out a project and may represent up to 75% of total eligible costs. RDAs may also contribute up to 100% funding for projects with Indigenous groups.
Funding will take the form of non-repayable contributions. 

When It Ends:

Accepting applications

Deadline:

March 31, 2023

Eligibility:

​Applicants must be:

  • not-for-profit organizations or charities,
  • any municipal or regional government, or bodies providing infrastructure services to communities (e.g. municipalities, rural communities, local service districts, public-sector bodies),
  • Indigenous-led non-profits and organizations.

Application Steps:

Applicants must: 

1

consult the applicant guide

2

 fill out the CCRF 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: 

​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 licenses,
  8. 8
    other relevant documents (specify).

Other Things to Note:

  1. 1
    Scheduled intake: A one-time special scheduled intake will focus on eligible projects that are ready to proceed. Initial screening will begin during the four-week period. Assessment of applications will begin on July 23, 2021, 23:59 PDT. Applicants are strongly encouraged to submit their applications by this date.
  2. 2
    Continuous intake: Should there be remaining funding after the scheduled intake period, applications will continue to be accepted and funded on a continuous intake basis over the next two years or until such a time as the allocated funding is fully distributed.

Program Contact:

​Canada Community Revitalization Fund

​APPLICATION FOR FINANCIAL ASSISTANCE CANADA COMMUNITY REVITALIZATION FUND

​CANADA COMMUNITY REVITALIZATION FUND APPLICANT GUIDE​​​