ACOA Industrial and Technological Benefits policy

Who is eligible?

• Defence contractors
• Companies bidding on CAF or CCG procurements
• Businesses in Atlantic Canada

Who is not eligible

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

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.

Eligible geographic areas

• Atlantic Canada
• Nova Scotia
• New Brunswick
• Prince Edward Island
• Newfoundland and Labrador

• Economic benefits to Canada through the Value Proposition.
• Contribution to defence sector growth and sustainability.
• Support for innovation, exports, and skills development.

• Step 1: Review the policy requirements
  • Check whether the procurement falls under the ITB Policy.
  • Understand the Value Proposition requirement.
• Step 2: Prepare the Value Proposition
  • Describe the economic benefits to Canada.
  • Align the proposal with the policy objectives.
• Step 3: Engage with ACOA support
  • Contact ACOA Business Information Services or ADMD for guidance.
  • Use the regional contacts provided by ACOA.

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.