Open
ACOA Jobs and Growth Fund — For Profit
Money to future-proof your Atlantic Canada for-profit business
Last Update: March 4, 2026
Funding available
Up to 50% of project cost
Timeline
- Open Date : February 3, 2026
Location
New Brunswick, Newfoundland and Labrador, Nova Scotia, Prince Edward Island, Canada
Overview
If your business is working on a project to transition to a green economy, foster an inclusive recovery, become more competitive and create jobs for Canadians, you could get an interest-free, repayable contribution for up to 50% of the project’s costs.
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Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Increase performance through digital transformation
- Develop strategic partnerships
- Develop a new product or service
Eligible Funding
- Up to 50% of project cost
Timeline
- Open Date : February 3, 2026
Eligible candidates
Eligible Industries
- Manufacturing
- Health care and social assistance
Location
- New Brunswick, Newfoundland and Labrador, Nova Scotia, Prince Edward Island
Legal structures
- For-profit business
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- Indigenous Peoples
- Persons with Disabilities
- Language Minorities
- Newcomers to Canada
- Other Racialized Persons
- 2SLGBTQI+
- Youth (<40)
- Women
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
The Jobs and Growth Fund focuses on supporting projects that transition businesses to a green economy and foster inclusive economic recovery. It also aims to enhance Canada's competitiveness and strengthen capacity in critical economic sectors.
- Activities that support the transition to a green economy, such as developing and adopting clean technology.
- Projects that help communities and businesses drive clean, sustainable economic growth.
- Partnerships with organizations to develop green regional clusters.
- Supporting businesses in transitioning to a green economy.
- Initiatives that support businesses owned by under-represented groups.
- Programs increasing the participation of under-represented groups in the economy.
- Projects that support the adoption of digital and technological solutions.
- Investment in technologies to scale businesses and enhance resilience.
- Activities supporting scale-up and market expansion in traditional and emerging sectors.
- Support for supply chain adaptation and diversification in critical sectors.
Eligibility
Who is eligible?
This grant targets businesses and organizations that aim to create jobs and facilitate long-term economic growth in Canada, through a variety of initiatives tailored towards green economy transition, inclusivity, enhancing competitiveness, and bolstering critical sectors.
- Businesses and cooperatives.
- Non-profit organizations and community economic development partners.
- Indigenous applicants, especially Indigenous-led organizations and/or businesses.
Who is not eligible
Some types of companies are not eligible for the Jobs and Growth Fund grant in Canada:
- Businesses created before January 2020.
Eligible expenses
This grant aims to support activities that transition to a green economy, foster an inclusive recovery, preserve competitiveness through digital adoption, and strengthen critical sectors. These initiatives encompass technological, economic, and social aspects to aid businesses and communities in building resilience and capacity for future growth.
- Support the development and adoption of clean technology for a green economy.
- Assist communities and businesses in planning and driving sustainable economic growth.
- Partner with organizations to catalyze the development of green regional clusters.
- Collaborate with organizations supporting the transition to a green economy.
- Support businesses owned or led by under-represented groups to foster an inclusive recovery.
- Increase participation of under-represented groups by backing organizations that offer funding, services, and training.
- Support the development or adoption of digital and technological solutions to enhance productivity.
- Invest in technologies that scale businesses and enhance their capabilities.
- Support scale-up and market expansion in traditional and emerging competitive sectors.
- Aid supply chain adaptation and diversification in critical sectors such as food production and biomanufacturing.
Eligible geographic areas
The ACOA Jobs and Growth Fund is aimed at supporting businesses and organizations within the Atlantic Canada region. Although it is no longer accepting applications, it previously targeted geographical areas served by the Atlantic Canada Opportunities Agency.
- Nova Scotia
- New Brunswick
- Prince Edward Island
- Newfoundland and Labrador
Additional information
Here are additional relevant details for this grant:
- The Jobs and Growth Fund is no longer accepting applications in Atlantic Canada as it is closed.
- The fund distributed $700 million nationally, with specific allocations for new businesses and Indigenous clients.
- This initiative was available through Canada's regional development agencies (RDAs).
- Assistance to eligible businesses and not-for-profit organizations varied in terms of repayable contributions, with specific percentage caps on eligible costs.
- The Atlantic Canada Opportunities Agency (ACOA) specifically managed the fund in the Atlantic provinces of Canada.
Contacts
Frequently Asked Questions about the ACOA Jobs and Growth Fund — For Profit Program
Here are answers to the most common questions about the ACOA Jobs and Growth Fund — For Profit. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the ACOA Jobs and Growth Fund — For Profit?
If your business is working on a project to transition to a green economy, foster an inclusive recovery, become more competitive and create jobs for Canadians, you could get an interest-free, repayable contribution for up to 50% of the project’s costs.
How much funding can be received?
ACOA Jobs and Growth Fund — For Profit Funds up to 50% of admissible expenses.
Who is eligible for the ACOA Jobs and Growth Fund — For Profit program?
To be eligible for the ACOA Jobs and Growth Fund — For Profit program, you must:
Eligible applicants include businesses, co-operatives, non-profit organizations, community economic development partners, and Indigenous applicants.
Projects must support objectives such as transitioning to a green economy, fostering inclusive recovery, or enhancing competitiveness.
Indigenous-led organizations and businesses may receive contributions covering up to 100% of eligible project costs.
What expenses are eligible under ACOA Jobs and Growth Fund — For Profit?
The Jobs and Growth Fund focuses on supporting projects that transition businesses to a green economy and foster inclusive economic recovery. It also aims to enhance Canada's competitiveness and strengthen capacity in critical economic sectors. Activities that support the transition to a green economy, such as developing and adopting clean technology.
Projects that help communities and businesses drive clean, sustainable economic growth.
Partnerships with organizations to develop green regional clusters.
Supporting businesses in transitioning to a green economy.
Initiatives that support businesses owned by under-represented groups.
Programs increasing the participation of under-represented groups in the economy.
Projects that support the adoption of digital and technological solutions.
Investment in technologies to scale businesses and enhance resilience.
Activities supporting scale-up and market expansion in traditional and emerging sectors.
Support for supply chain adaptation and diversification in critical sectors.
Who can I contact for more information about the ACOA Jobs and Growth Fund — For Profit?
You can contact Atlantic Canada Opportunities Agency (ACOA) or by phone at 1-888-576-4444.
Where is the ACOA Jobs and Growth Fund — For Profit available?
The ACOA Jobs and Growth Fund — For Profit program is available the province of New Brunswick, Newfoundland and Labrador, Nova Scotia, Prince Edward Island.
Is the ACOA Jobs and Growth Fund — For Profit a grant, loan, or tax credit?
ACOA Jobs and Growth Fund — For Profit is a Grant and Funding