Atlantic Canada Business Grants

Government of Canada

Jobs and Growth Fund (JGF)

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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.

The JGF has a continuous intake process, meaning that applications are accepted on an ongoing basis. However, the program is set to run for three years, with an expected end date of March 31, 2026.

Applicants are encouraged to submit their applications as early as possible to allow sufficient time for processing and evaluation.

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.

Successful applicants for the JGF will be selected based on a range of criteria, including:

  • The ability of the project to create jobs and support economic growth in the region
  • The degree to which the project aligns with the objectives of the JGF, including transitioning to a green economy, fostering an inclusive recovery, enhancing competitiveness, and creating jobs across Canada
  • The extent to which the project demonstrates innovation, collaboration, and community engagement
    The feasibility and sustainability of the project, including the capacity of the applicant to manage and deliver the project effectively

Among the program's eligible activities are activities that foster an inclusive recovery, including those that support businesses owned or majority-led by under-represented groups, such as Indigenous peoples, members of racialized communities, women, youth, LGBTQ2, persons with disabilities, newcomers to Canada, and members of official language minority communities.

Application Steps:

1

Applicant must consult the applicant guide

2

Applicant must fill out the Jobs and Growth Fund application form online

3

Applicant must 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
    The JGF will provide $700 million over three years (2021-2022 to 2023-2024) across Canada to support business financing. This support for regional recovery and stimulus will position local economies for long-term growth by transitioning to a green economy, fostering an inclusive recovery, enhancing competitiveness, and creating jobs in every corner of the country.
  2. 2
    Applications will be accepted on a continuous intake basis until such time as the funding is fully allocated.
  3. 3
    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.
  4. 4
    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.
  5. 5
    Date modified: 2022-03-15.

Program Contact:

Jobs and Growth Fund

APPLICATION FOR FINANCIAL ASSISTANCE JOBS AND GROWTH FUND

JOBS AND GROWTH FUND APPLICANT GUIDE

Research and Development Tax Credit

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Amount:

No Fixed Amount

Type of Program:

Tax Credit

Description:

The New Brunswick R&D tax credit is administered by the Canada Revenue Agency and is fully refundable at the rate of 15% on eligible expenditures incurred after December 31, 2002. It is available to corporations, corporations that are beneficiaries of a trust, and corporations that are members of a partnership, with a permanent establishment in New Brunswick, for scientific research and experimental development (SR&ED) carried out in this province. 

Comments on Funding:

The tax credit is 15% of eligible expenditures.
The New Brunswick R&D tax credit will reduce the federal pool of deductible SR&ED expenditures and qualified SR&ED expenditures.

When It Ends:

Ongoing

Deadline:

Rolling Deadline

Eligibility:

Applicants must:

  • be corporations, corporations that are beneficiaries of a trust, and corporations that are members of a partnership,
  • have a permanent establishment in New Brunswick,
  • carry out scientific research and experimental development (SR&ED) in New Brunswick.

Application Steps: 

No specific steps have been identified.

Documentation Needed: 

To claim this tax credit, applicants must complete T2SCH360, New Brunswick Research and Development Tax Credit.

Other Things to Note:

No other details available.

Program Contact:

Tax Credits - Research and Development Tax Credit

Research and development (R&D) tax credit - Canada.ca

Space Technology Development Program (STDP)

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Amount:

No Fixed Amount

Type of Program:

Grants

Description:

The Space Technology Development Program (STDP) provides funding to for-profit and not-for-profit organizations established and operating in Canada for projects that:

  1. 1
    . reduce technological unknowns of future space missions, and
  2. 2
    stimulate industrial innovation and strengthen core capabilities in order to increase industrial readiness and competitiveness of Canadian space companies.

Comments on Funding:

Funding will take the form of a grant, and will be provided for each open project opportunity.

When It Ends:

Ongoing

Deadline:

Specific deadline for each call for proposal

Eligibility:

Applicants must be:

  • for-profit and not-for-profit organizations,
  • established and operating in Canada.

Only for-profit organizations established and operating in Canada are eligible to be awarded non-repayable contributions.

Application Steps:

1

Specific application steps will be provided for each open funding opportunity.
Applicants must read the information of the call for proposals they are interested in.

Documentation Needed: 

Application documentation is specific to each open funding opportunity.

Other Things to Note:

There is currently no open call for proposals. However, potential applicants who would like to discuss a specific project or innovative idea should contact pdts-stdp@asc-csa.gc.ca.

Date modified: 2021-05-27

Program Contact:

About the Space Technology Development Program (STDP)

Tourism Relief Fund

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  • This program is currently closed.

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. 1
    non-repayable contributions up to $100,000 for up to 50% of eligible costs;
  2. 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:

1

Applicants must consult the applicant guide

2

Applicants must fill out the Tourism Relief Fund application form online

3

Applicants must 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 licenses,
  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 licenses,
  8. 8
    other relevant documents (specify).

Other Things to Note:

  1. 1
    The TRF will provide $500M investment over two years (2021-2022 to 2022-2023) across Canada to support tourism businesses/organizations through investments to improve their offerings and adapt to public health measures for the short and long term.
  2. 2
    Date modified: 2022-09-23.

Program Contact:

Tourism Relief Fund

APPLICATION FOR FINANCIAL ASSISTANCE TOURISM RELIEF FUND

TOURISM RELIEF FUND APPLICANT GUIDE

Community Futures

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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:

1

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

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

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

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

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

Date modified: 2022-08-16

Program Contact:

Community Futures

Homepage | CBDC