ACOA — Aerospace Regional Recovery Initiative

• The applicant must be an incorporated small to medium-sized business (SME), not-for-profit organization providing services to SMEs, municipality, province or territory, or Indigenous organization.
• The project must support the aerospace sector through activities such as greening operations, improving productivity, or strengthening commercialization and integration into supply chains.
• The organization must provide all required supporting documents, including financial statements and a project plan, with the application.
• The project should align with one or more program priorities, including sustainability, economic development, diversity and inclusion, or digital adoption in aerospace.

Who is eligible?

• Incorporated small to medium-sized enterprises (SMEs) in the aerospace sector
• Not-for-profit organizations providing essential services to aerospace SMEs
• Municipalities
• Provinces or Territories
• Indigenous Organizations operating within or supporting the aerospace sector

Who is not eligible

Some types of companies are not eligible for this grant.

• Businesses outside the aerospace industry.
• Large corporations that do not fall under the category of small and medium-sized enterprises (SMEs).

Eligible expenses

• Capital investments (up to $10 million) required to support project implementation.
• Acquisition and adoption of clean technologies, products, or services to lower carbon footprint.
• Costs related to the adoption of advanced manufacturing and Industry 4.0 technologies (including artificial intelligence).
• Procurement of digital solutions and enhancement of cybersecurity measures.
• Workforce development costs, such as training, upskilling, or hiring directly related to the project.
• Technical assistance fees for technology adoption and improving management practices.
• Supplier quotes, permits, and licenses necessary for project execution.

Eligible geographic areas

• Nova Scotia
• New Brunswick
• Prince Edward Island
• Newfoundland and Labrador
• Ottawa
• Other regions within Canada, as the program is available across Canada

• Contribution to greening operations or products and adoption of environmentally sustainable practices.
• Impact on the resilience and international competitiveness of the aerospace sector, including recovery from the COVID-19 pandemic.
• Extent of digital adoption within the aerospace industry and enhancement of cybersecurity.
• Support for inclusivity and diversity by addressing barriers faced by under-represented groups.
• Demonstration of measurable economic benefits, such as business development, job creation, and productivity improvements.

• The application must include supplementary documents such as financial statements, project plans, and relevant licenses where applicable.
• If the project addresses diversity and inclusion, indicate which under-represented groups will benefit and provide details in the project plan.
• Certification and consent are required as part of the application process, attesting to the accuracy of provided information.
• Certain disclosures regarding the project must be made, and all applications are subject to the Access to Information Act and the Privacy Act.