Atlantic Canada Opportunities Agency (ACOA)

Community Futures

Amount:

No Fixed Amount

Type of Program:

Loan & Loan Guarantee & Investment

Description:

The Community Futures program helps to create jobs in rural areas. This is done with the help of more than 40 Community Business Development Corporations (CBDCs) throughout Atlantic Canada.

Comments on Funding:

The financial help will take the form of loans, loan guarantees and equity financing.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must:

The applicant must be CBDC throughout Atlantic Canada.

Atlantic Canada businesses should check with their nearest CBDC office for eligibility criteria.

Application Steps:

Applicants must visit cbdc.ca to find the nearest CBDC office, or call 1-888-303-2232 toll-free.

Other Things to Note:

I. CBDCs help launch small businesses and expand and modernize existing ones. Through the CBDCs, you could get:

1
financial help in the form of loans, loan guarantees and equity financing;
2
business counselling and advice to help you succeed;
3
entrepreneurship development and training to address skills gaps;
4
technical help in the form of guidance and coaching.

II. Applicants should check with their nearest CBDC office for further details.

Program Contact:

Community Futures

Homepage | CBDC

Canada Community Revitalization Fund

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:

consult the applicant guide

fill out the CCRF application form online;

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
constituting / incorporating documents and list of directors/members of the board,
2
financial statements (current and last fiscal year),
3
description and mandate of the applicant, including the management and qualifications of key personnel,
4
HST rebate information (I.E. rebate rate),
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
supplier quotes,
7
copies of relevant permits and licenses,
8
other relevant documents (specify).

Other Things to Note:

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
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

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:

consult the applicant guide

fill out the Jobs and Growth Fund application form online

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

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

1
constituting / incorporating documents and list of directors/members of the board,
2
financial statements (current and last fiscal year),
3
description and mandate of the applicant, including the management and qualifications of key personnel,
4
HST rebate information (I.E. rebate rate),
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
supplier quotes,
7
copies of relevant permits and license's,
8
other relevant documents (specify).

Other Things to Note:

1
Applications will be accepted on a continuous intake basis until such time as the funding is fully allocated.
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
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

Tourism Relief Fund

Amount:

No Fixed Amount

Type of Program:

Grant & Loan

Description:

With a budget of $500 million over two years (ending March 31, 2023), including $50 million specifically dedicated to Indigenous tourism initiatives and $15 million for national initiatives, The Tourism Relief Fund supports tourism businesses and organizations to adapt their operations to meet public health requirements while investing in products and services to facilitate their future growth.

Comments on Funding:

Contributions to businesses will be either:

1
non-repayable contributions up to $100,000 for up to 50% of eligible costs;
2
fully repayable contributions up to $500,000 for up to 75% of eligible costs

Not-for-profit organizations and Indigenous entities (not generating profits) will be eligible for non-repayable contributions.

Project contribution amounts would not exceed $500,000. The actual contribution amount will be based on the minimum amount required to carry out the project.

A business cannot receive a combination of a non-repayable and a repayable contribution for the same project.

When It Ends:

Ongoing

Deadline:

March 31, 2023

Eligibility:

Applicants must:

be tourism entities that cater mainly to visitors, such as:

businesses;
not-for-profit organizations, such as tourism associations;
municipalities, and
band councils or other Indigenous organizations and cooperatives.

meet at least one of the following criteria:

be a key supplier or operator in the visitor experience;
be part of a defined tourism cluster or a tourism dependent community, including supporting downtown cores; or
provide an anchor product or service in a tourism destination.

Application Steps:

Applicants must:

consult the applicant guide

fill out the Tourism Relief Fund application form online

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

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

1
constituting / incorporating documents and list of directors/members of the board,
2
financial statements (current and last fiscal year),
3
description and mandate of the applicant, including the management and qualifications of key personnel,
4
HST rebate information (I.E. rebate rate),
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
supplier quotes,
7
copies of relevant permits and licenses,
8
other relevant documents (specify).

Program Contact:

Tourism Relief Fund

APPLICATION FOR FINANCIAL ASSISTANCE TOURISM RELIEF FUND

TOURISM RELIEF FUND APPLICANT GUIDE

Aerospace Regional Recovery Initiative

Amount:

No Fixed Amount

Type of Program:

Grants & Loan

Description:

The Aerospace Regional Recovery Initiative (ARRI) will help the Canadian aerospace sector emerge from the pandemic with the capacity to compete on the global stage, by supporting small and medium-sized enterprises (SMEs) in the following three objectives: to green their operations and adopt environmentally sustainable practices, to improve productivity and to strengthen commercialization while furthering integration into regional and global supply chains.

Comments on Funding:

Contributions to SMEs are generally repayable or conditionally repayable.
Contributions to not-for-profits are generally non-repayable.
Under the initiative, RDAs can 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 operating in the aerospace industry, as well as the organizations that support them, including:

small and medium-sized enterprises (SMEs),
non-profit organizations providing services to SMEs.

Indigenous businesses and organizations are invited to apply through the process described below.

Application Steps:

Applicants must:

consult the applicant guide;

fill out the ARRI application form online and then 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
incorporation documents and information on ownership (names and percentage of ownership),
2
financial statements (current and last two years, audited or reviewed are preferred),
3
project plan, business plan, marketing plan or research and development plan,
4
supplier quotes,
5
copies of relevant permits and licenses,
6
other relevant documents.

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

1
constituting/ incorporating documents and list of directors/members of the board,
2
financial statements (current and last fiscal year),
3
description and mandate of the applicant, including the management and qualifications of key personnel,
4
HST rebate information,
5
project plan or detailed project description, including milestones, costs, financing, key partnerships established,
6
supplier quotes,
7
copies of relevant permits and licenses,
8
other relevant documents.

Program Contact:

Aerospace Regional Recovery Initiative

AEROSPACE REGIONAL RECOVERY INITIATIVE (ARRI) APPLICANT GUIDE

APPLICATION FOR FINANCIAL ASSISTANCE AEROSPACE REGIONAL RECOVERY INITIATIVE