ACOA Aerospace Regional Recovery Initiative — Indigenous Stream
NS, Canada
Funding to recover Atlantic's Indigenous-led aerospace sector
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Manufacturing
grant_single|grantors
- Atlantic Canada Opportunities Agency (ACOA)
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grant_card_status|open
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If your business is working on a project to become more environmentally friendly, improve productivity, strengthen commercialization or integrate with regional and global supply chains, you could get a contribution to help with some of the costs.
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This grant is available to companies located within Atlantic Canada as it is administered by the Atlantic Canada Opportunities Agency. The focus is on supporting the regional aerospace sector to bolster its post-pandemic recovery and international competitiveness.
- Nova Scotia
- New Brunswick
- Prince Edward Island
- Newfoundland and Labrador
grant_single|admissibleProjectsExample
$400,000
Developing a cybersecurity framework to protect aerospace data and operations
$460,000
Integrating advanced manufacturing to enhance production capabilities at an aerospace startup
$750,000
Implementing clean-tech solutions to reduce carbon emissions at an aerospace manufacturing plant
$560,000
Adopting AI-powered systems to enhance productivity in aerospace component manufacturing
$500,000
Scaling up the production of eco-friendly aerospace materials
$480,000
Enhancing supply chain integration with new technologies for aerospace parts distributors
grant_single_labels|admissibility
Eligibility for this grant is determined by specific requirements related to the applicant's profile and proposed activities.
- The applicant must operate in the aerospace industry.
- Eligible applicants include small and medium-sized enterprises (SMEs), non-profit organizations providing services to SMEs, and Indigenous applicants.
- Indigenous businesses and organizations are eligible and may receive up to 100 percent of eligible project costs.
grant_eligibility_criteria|who_can_apply
Eligible applicants for the Aerospace Regional Recovery Initiative include businesses operating in the aerospace industry, as well as organizations that support them. This specifically encompasses small and medium-sized enterprises (SMEs), non-profit organizations providing services to SMEs, and Indigenous applicants. Indigenous businesses and organizations have the opportunity to receive up to 100 percent of eligible project costs covered by RDAs under this initiative.
grant_eligibility_criteria|who_cannot_apply
Some types of companies are not eligible for the Aerospace Regional Recovery Initiative (ARRI) grant. Eligible applicants include businesses operating in the aerospace industry, small and medium-sized enterprises (SMEs), non-profit organizations providing services to SMEs, and Indigenous applicants. However, large corporations outside of the SME category may not be eligible for this grant.
- Large corporations outside of the SME category
grant_eligibility_criteria|eligible_expenses
This initiative offers support to projects that aim to advance sustainability and competitiveness in the aerospace sector. Eligible projects focus on green operations, productivity enhancement, and supply chain integration.
- Transition towards greener products and operations or adoption of environmentally sustainable practices such as the commercialization of clean-tech products.
- Improvement of productivity through advanced manufacturing techniques, adoption of Industry 4.0 technologies, and workforce development.
- Commercialization efforts and integration into regional and global supply chains, including the incorporation of new start-ups and new technologies into the value chain.
grant_eligibility_criteria|zone
The grant supports specific expenses that aid in achieving its objectives, including project costs that align with green operations, productivity improvement, and commercialization integration.
- Costs related to the transition towards greener products and operations, such as the adoption and commercialization of clean-tech products and electrification initiatives.
- Expenses involved in improving productivity, including advanced manufacturing and workforce skill development.
- Costs for integrating new technologies and startups into supply chains to enhance commercialization.
- Expenses incurred from digital adoption and bolstering cybersecurity measures within the aerospace industry.
- Project costs for activities that promote diversity and inclusion within the aerospace sector.
grant_single_labels|criteria
There are evaluation and selection criteria for the Aerospace Regional Recovery Initiative (ARRI) grant:
- Projects contributing to greener operations, improved productivity, and integration into supply chains are prioritized.
- Preference is given to projects that support environmentally sustainable practices, generate economic benefits in regions, enhance diversity and inclusion, and promote digital adoption and cybersecurity in the aerospace sector.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Review the Applicant Guide
- Visit the official website to access the applicant guide for detailed information about the application process and requirements.
- Ensure your business meets the eligibility criteria specified in the guide.
- Step 2: Prepare Application Documentation
- Draft a comprehensive project proposal focusing on the initiative's objectives, such as greening operations or improving productivity.
- Gather necessary documents including financial statements, business registration, and detailed project plans.
- Step 3: Fill Out the ARRI Application Form Online
- Access the ARRI application form through the specified online portal.
- Complete all sections of the form accurately, providing all required information.
- Step 4: Submit Application
- Submit the completed application form and all supporting documents through the online application portal.
- If necessary, applications can also be sent by mail to the ACOA regional office relevant to your location.
- Step 5: Confirmation and Follow-Up
- Receive confirmation of successful submission from the agency through email or mail.
- Keep in touch with ACOA Business Information Services for updates on your application status.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- The initiative includes support for the aerospace industry as part of Canada's COVID-19 Economic Response Plan.
- Indigenous applicants can receive up to 100 percent funding for eligible project costs.
- Contributions are generally repayable or conditionally repayable for SMEs, while non-profit organizations receive non-repayable contributions.
- Certain costs may be eligible on a retroactive basis up to 12 months before project application receipt, but not before April 19, 2021.
- Priority is given to projects improving diversity and inclusion within the aerospace sector.
grant_single_labels|contact
1-888-576-4444
Apply to this program
Boosting Canada's Aerospace Sector Recovery
This initiative aims to revitalize the Canadian aerospace sector post-pandemic, enhancing its competitiveness globally and supporting sustainable practices. It offers financial support to SMEs, non-profit organizations, and Indigenous businesses involved in the aerospace industry to adopt green practices, improve productivity, and integrate into supply chains.
In-Depth Look at the Aerospace Regional Recovery Initiative
The Aerospace Regional Recovery Initiative (ARRI) is a strategic effort by the Canadian government designed to catalyze the recovery and growth of the aerospace sector, severely affected by the COVID-19 pandemic. Targeting small and medium-sized enterprises (SMEs), the initiative places a strong emphasis on encouraging businesses to transition towards greener operations, thereby aligning with global trends towards sustainability and reducing carbon footprints. This encompasses activities ranging from the adoption of advanced clean-tech products to electrification aimed at minimizing environmental impacts, thus embracing environmentally sustainable practices.
Furthermore, ARRI addresses the need for increased productivity within the aerospace sector by promoting the integration of advanced manufacturing processes, Industry 4.0 standards, and the uptick of artificial intelligence and cybersecurity measures. Additionally, the program supports workforce and skills development, enabling companies to scale up and optimize operations. This focus is intended to cultivate firms that are better equipped to handle the challenges of a competitive global market.
The initiative also supports the strengthening of commercialization ventures, facilitating deeper integration into both regional and global supply chains. By encouraging the integration of startups and new technologies into the core aspects of the value chain, ARRI aims to cultivate an innovative ecosystem that is both resilient and competitive on the international stage.
Key to ARRI is its strategic allocation, with a substantial budget of $250 million allocated over three years, reflecting the Canadian government's commitment to sustain and propel the aerospace industry forward. This fund is managed through regional development agencies (RDAs) who provide support tailored to the unique needs of businesses and organizations within this sector. Financial contributions are structured to increase accessibility; while contributions to SMEs are typically repayable, those extended to not-for-profit organizations are generally non-repayable, offering flexibility and encouraging diverse participation in the recovery process.
An added dimension of the ARRI is its focus on promoting diversity and inclusion, as well as supporting the digital transformation of the aerospace industry. Projects that improve digital adoption and enhance cybersecurity are prioritized, ensuring that the sector not only recovers but also strengthens its technological foundation. In addition, the initiative places significant emphasis on fostering economic benefits that are widespread and boost business development across Canadian regions.
Applicants are encouraged to thoroughly explore the ARRI's details and consult the applicant guide before submitting their project proposals. This preparation is crucial, given that applications are processed on an ongoing basis until funds are fully allocated, and certain costs may be covered retroactively. By participating in this initiative, eligible applicants not only secure financial backing but are also positioned to play a pivotal role in the transformation and sustained competitive advantage of Canada's aerospace sector.