ACOA Industrial and Technological Benefits policy
NS, Canada
Help with defence procurement for Atlantic contractors
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Other Support
grant_single|eligibleIndustries
- Manufacturing
- Professional, scientific and technical services
- Administrative and support, waste management and remediation services
- Educational services
- Public administration
grant_single|grantors
- Atlantic Canada Opportunities Agency (ACOA)
- Government of Canada
grant_single|status
grant_card_status|open
grant_single_labels|preview
Get support when bidding on major aerospace, marine and land projects with the federal government. Experts can take a look at your value proposition and Key Industrial Capabilities (KICs), which are key for showing how your work is helping to drive innova
grant_single_labels|projects
This grant is applicable to entities within Atlantic Canada as facilitated by ACOA. The eligible geographical areas are structured to enhance the region’s industrial and economic landscape.
- Nova Scotia
- New Brunswick
- Prince Edward Island
- Newfoundland and Labrador
grant_single|admissibleProjectsExample
$255,000
Creating a training program for cybersecurity experts in defense
$250,000
Establishing a skills development center for aerospace engineers
$160,000
Procurement of advanced simulation software for defense training
$200,000
Boosting Canadian submarine export potential through market research
$350,000
Developing advanced drone technologies for Canadian defense sector
$200,000
Innovative materials research for lightweight armor development
grant_single_labels|admissibility
Eligibility for participation in the Industrial and Technological Benefits Policy grant is determined by specific criteria related to the size of the contracts and the nature of the procurements.
- The company must be positioned to engage with the Canadian Armed Forces (CAF) and Canadian Coast Guard (CCG) procurements.
- Procurement contract values must exceed $100 million, or be reviewed if valued between $20 million and $100 million.
- The company must demonstrate a Value Proposition that includes economic benefits for Canada, which is evaluated along with technical and cost requirements.
- The company must contribute to the growth and sustainability of Canada’s defence sector, including small and medium-sized firms.
- Emphasis must be placed on Canadian-based innovation, research and development, export potential, and skills development.
grant_eligibility_criteria|who_can_apply
Eligible bidders for projects under the Industrial and Technological Benefits (ITB) Policy include companies involved in CAF and CCG procurements with contract values over $20 million. The specific evaluation and selection criteria for these projects are not detailed in the context provided. However, generally, bidders must submit a Value Proposition that outlines economic benefits to Canada, which is evaluated alongside technical and cost criteria.
grant_eligibility_criteria|who_cannot_apply
There are specific types of companies that are not eligible for this grant. To be eligible for the grant, companies must meet certain criteria such as:
- Companies not registered or operating in Canada
- Companies that do not comply with the Industrial and Technological Benefits (ITB) Policy requirements
- Companies with a history of non-compliance with government regulations
- Companies involved in illegal or unethical practices
grant_eligibility_criteria|eligible_expenses
This grant supports projects aimed at boosting economic growth and development through the collaboration of local industries with major defence contractors. Eligible activities focus on enhancing regional capabilities, engaging with industry players, and promoting the Atlantic region's industrial sectors.
- Facilitating engagement between Atlantic Canadian industries and major defence contractors.
- Promoting the local aerospace, defence, and security sectors at trade shows and networking events.
- Matching regional skills and capabilities with the needs of defence contractors.
- Identifying and promoting investment opportunities within the region's industries.
- Providing advice and information to government officials to influence project and policy decisions.
- Connecting contractors with local academic institutions for research and skills development collaborations.
grant_single_labels|criteria
The evaluation and selection criteria for projects under the Industrial and Technological Benefits policy in Canada are not explicitly detailed in terms of point score allocation within the provided context.
- Submissions must include a Value Proposition outlining economic benefits to Canada.
- Evaluation is based on how proposals align with ITB Policy objectives, such as supporting long-term sustainability in Canada’s defense sector.
- Evaluation considers the growth potential for prime contractors and suppliers in Canada, leveraging small to medium-sized enterprises.
- Boosts innovation through Canadian research and development initiatives.
- Increases export potential of Canadian-based firms.
- Identifies skills development and training opportunities for Canadians.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Contact ACOA Business Information Services
- Reach out to ACOA for initial guidance on the application process.
- Contact their bilingual agents at 1-888-576-4444 for specific inquiries related to your region.
- Step 2: Understand ITB Policy Requirements
- Review the ITB Policy objectives and requirements applicable to your business or project.
- Determine if your proposal aligns with the goals of supporting long-term sustainability, boosting innovation, and increasing export potential.
- Step 3: Engage With ACOA Contacts
- Establish communication with relevant ACOA contacts specialized in your area of interest (Aerospace, Marine, or Land).
- Collaborate with these experts to refine your proposal and ensure all policy requirements are addressed.
- Use provided emails and phone numbers to maintain direct contact.
- Step 4: Prepare a Value Proposition
- Draft an evaluated Value Proposition that outlines the economic benefits of your project to Canada.
- Include details on potential local job creation, industrial capabilities, and alignment with policy objectives.
- Tailor the proposition to appeal to major defence contractors and highlight regional strengths.
- Step 5: Attend Relevant Events
- Participate in networking events, trade shows, and conferences promoted by ACOA to connect with potential partners and contractors.
- Leverage these opportunities to gain insights and support for your application.
- Step 6: Submit the Application
- Compile all necessary documentation including the Value Proposition and any other supporting materials.
- Submit your application to ACOA as directed, ensuring all components are complete and comply with guidelines.
- Step 7: Confirmation and Follow-Up
- Obtain confirmation of receipt from ACOA.
- Maintain ongoing communication with ACOA for updates and additional requirements during the evaluation process.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- ACOA plays a pivotal role in supporting and leveraging opportunities created by the ITB Policy in Atlantic Canada by collaborating with local businesses, universities, and governments.
- The ITB Policy aims to fuel the defence sector through investments in research and development, exports, and skills development.
- Bidders on procurement projects need to focus on local capabilities and partnerships to enhance their Value Proposition and score better during evaluations.
- ACOA assists in organizing networking events, trade shows, and conferences to promote awareness and opportunities within the defence and security sector.
- ACOA provides consultancy to align Atlantic Canadian capabilities with defence contractors' needs and assists in understanding the ITB Policy.
grant_single_labels|contact
613-617-8940
Apply to this program
Maximizing Economic Benefits in Defence Contracts with ITB Policy
The Industrial and Technological Benefits (ITB) Policy ensures that Canadian companies derive economic advantages from defence and coast guard contracts, promoting regional industrial growth and development. Leveraging this policy, Atlantic Canada Opportunities Agency (ACOA) actively supports local businesses, enhancing their participation in major contracts and fostering regional economic development.
Unlocking Opportunities Through Strategic Defence Investments
The ITB Policy serves as a strategic tool to enhance the economic impact of defence procurements across Canada, particularly benefiting regions like Atlantic Canada. This policy mandates that companies winning Canadian Armed Forces (CAF) and Canadian Coast Guard (CCG) contracts, particularly those exceeding $100 million, contribute equivalent economic value back into the country. This reinvestment aims to bolster the local economy by requiring significant portions of the contracted work to be carried out within Canadian borders, thereby supporting the growth of Canada’s defence sector.
In partnership with the ACOA, the policy provides a structured platform that catalyzes business opportunities for local enterprises, universities, and research institutions. ACOA’s role is pivotal in facilitating these opportunities by connecting local assets with larger, global supply chains and fostering capabilities that are competitive on the world stage. Through collaboration with provincial governments, academic institutions, and industry associations, ACOA seeks to increase the visibility and attractiveness of Atlantic Canadian resources to be integrated into international defence projects.
One of the core advantages offered by the ITB Policy is the emphasis on stimulating local industrial capabilities, supporting the expansion of small and medium-sized enterprises (SMEs) throughout Canada’s diverse regions. This focus is essential for nurturing a robust economic environment where innovation and industrial growth can thrive. The policy not only emphasizes buying and subcontracting locally but also enhancing the competencies of domestic companies to meet intricate defence requirements, encouraging them to innovate and invest in research and development.
Furthermore, the ITB Policy is configured to maximize export potential for Canadian enterprises. By cultivating a competitive domestic industry, it seeks to empower firms to extend their reach globally, contributing to Canada’s position in international markets. This international approach aligns with Canada’s broader economic strategy of strengthening the defence industry and creating economic resilience through diversified exports.
A critical component of the ITB Policy is skills development and training. By making it a requirement that firms invest in these areas, the policy highlights the importance of preparing Canadian workers to meet modern technological and industrial demands. These initiatives ensure that local workforces are equipped with the knowledge and skills necessary to operate in cutting-edge industries, thereby enhancing the standard of living and providing sustainable employment opportunities.
For businesses in Atlantic Canada, ACOA acts as a cornerstone, ensuring that the ITB Policy translates into real economic benefits. ACOA’s advocacy and expertise in the aerospace, defence, and security sectors are crucial as they guide local businesses through the complexities of defence contracts, helping them to meet strict bid requirements and value propositions outlined by the ITB Policy. By providing detailed insights and strategic advice, ACOA ensures that Atlantic Canadian firms can compete effectively.
Additionally, ACOA facilitates networking opportunities by organizing trade shows, conferences, and other industry events. These platforms allow Canadian companies to showcase their capabilities, engage with potential partners, and secure positions as key contributors in extensive defence and security contracts, thus reinforcing the economic infrastructure of the region.
The impact of the ITB Policy is further accentuated by its potential to create jobs and attract new investments to Atlantic Canada. By leveraging local talents and promoting indigenous industries, the policy aims at strengthening the economic fabric of the region which translates to increased regional globally connected through industries surrounding aerospace, defence, and marine sectors. This dynamic engagement fosters a vibrant economic ecosystem well aligned with national economic objectives.
Overall, the Industrial and Technological Benefits Policy represents a significant economic lever for Canada, fostering regional development, and expanding national capabilities in strategic sectors. By channeling investment into local businesses and prioritizing development within Canada’s industrial sectors, the policy not only meets immediate economic objectives but ensures sustained growth and prosperity in the long term. For Atlantic Canada, and indeed for the nation as a whole, the ITB Policy is a substantial step towards achieving economic sustainability through strategic defence investments.
