ACOA Jobs and Growth Fund — Indigenous Stream
Canada
Money to future-proof your Indigenous-led business in Atlantic Canada
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|projectCostPercent
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- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
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- grant_single|allIndustries
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- Atlantic Canada Opportunities Agency (ACOA)
- Government of Canada
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grant_card_status|open
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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 a contribution for up to 100% of the project’s cost.
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Activities eligible for the grant include supporting the transition to a green economy, fostering an inclusive recovery, preserving Canada's competitiveness through digital adoption, and strengthening capacity in critical sectors.
- Supporting the development and adoption of clean technology
- Helping communities and businesses plan and drive clean, sustainable economic growth
- Partnering with organizations to catalyze the development of green regional clusters
- Working with organizations to support businesses in transitioning to a green economy
- Supporting businesses owned or led by under-represented groups
- Increasing participation of under-represented groups in the economy
- Developing or adopting digital and technological solutions to enhance business productivity
- Investing in technologies to help scale businesses and increase resilience
- Supporting scale-up and market expansion activities in traditional and emerging sectors
- Developing supply chain adaptation and diversification opportunities in critical sectors
grant_single|admissibleProjectsExample
$400,000
Calgary
Partnering with a local tech hub to develop green regional clusters
$300,000
Halifax
Launching a green technology startup fostering innovation in water purification
$120,000
Toronto
Implementing a solar energy system for a local community center
$95,000
Montreal
Supporting an inclusive recovery by funding training programs for under-represented groups
$250,000
Vancouver
Developing a digital platform to enhance supply chain efficiency for a local manufacturing company
$180,000
Edmonton
Scaling up a local organic food supply chain to increase market reach
grant_single_labels|admissibility
The Jobs and Growth Fund provides funding to businesses, non-profit organizations, community economic development partners, and Indigenous applicants to support job creation and long-term growth through various eligible activities.
- Businesses, including co-operatives
- Non-profit organizations and community economic development partners
- Indigenous applicants, with a possibility of RDAs contributing up to 100% of project costs
- Activities that support the transition to a green economy, foster inclusivity, future-proof SMEs through digital adoption, and strengthen critical sectors for Canada’s recovery
- Interest-free repayable contributions for eligible businesses up to 50% of costs and non-repayable contributions up to 90% for eligible not-for-profit organizations
- Continuous intake basis for applications until full allocation of funding, with detailed applicant guide available
grant_eligibility_criteria|who_can_apply
There are eligible types of companies for the Jobs and Growth Fund grant:
- Businesses, including co-operatives
- Non-profit organizations and community economic development partners
- Indigenous applicants
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Some types of companies are not eligible for this grant. Not eligible companies include:
- Companies that do not align with the eligible activities outlined in the grant guidelines
- Companies that do not meet the criteria for funding set by the Jobs and Growth Fund
grant_eligibility_criteria|eligible_expenses
Eligible expenses for the Jobs and Growth Fund include costs related to the development and adoption of clean technology, support for businesses transitioning to a green economy, fostering inclusive recovery, digital adoption, and strengthening capacity in critical sectors.
- Development and adoption of clean technology
- Support for businesses transitioning to a green economy
- Fostering inclusive recovery
- Digital adoption and technological solutions
- Strengthening capacity in critical sectors
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The Jobs and Growth Fund has evaluation criteria to determine the eligibility of applicants and the selection of projects. To be considered for funding, applicants must meet specific criteria outlined by the Atlantic Canada Opportunities Agency.
- Evaluation and selection criteria for the Jobs and Growth Fund include:
- Alignment with the fund's objective of creating jobs and fostering economic growth
- Demonstrated need for funding and ability to leverage investments effectively
- Feasibility and sustainability of the proposed project
- Capacity of the applicant to successfully carry out the project
- Evidence of community benefits and potential for long-term impact
grant_single_labels|register
- Step 1: Consult the applicant guide for detailed information
- Step 2: Fill out the Jobs and Growth Fund application form online
- Step 3: Submit the form through the application for financial assistance page or by mail to the ACOA regional office in your province
grant_single_labels|contact
1-888-576-4444
Apply to this program
Jobs and Growth Fund Overview
The Jobs and Growth Fund provides financial support to businesses, non-profit organizations, and Indigenous applicants in Atlantic Canada to create jobs, foster green economy transitions, enhance competitiveness, and drive inclusive recovery. Eligible activities include developing clean technology, promoting digital adoption, and strengthening critical sectors for Canada's growth.
Detailed Explanation of the Jobs and Growth Fund
The Jobs and Growth Fund, managed by the Atlantic Canada Opportunities Agency (ACOA), aims to stimulate economic growth by supporting projects that contribute to job creation, sustainability, and competitiveness in the region. With a focus on transitioning to a green economy, the fund provides funding to eligible businesses, non-profit organizations, and Indigenous applicants to implement activities that align with the fund's key objectives.
Eligible applicants can receive interest-free repayable contributions of up to 50% of eligible costs for businesses and non-repayable contributions of up to 90% for non-profit organizations. The fund prioritizes projects that support the development and adoption of clean technology, drive sustainable economic growth, and catalyze the establishment of green regional clusters. These initiatives aim to propel businesses towards a greener and more resilient future while creating employment opportunities across diverse sectors.
Furthermore, the Jobs and Growth Fund actively encourages the participation of under-represented groups, such as Indigenous peoples, women, youth, persons with disabilities, and newcomers to Canada. By supporting businesses owned or led by these groups and fostering inclusivity in the workforce, the fund aims to promote diversity and equity within the economic landscape of Atlantic Canada.
Another key focus of the fund is to enhance Canada's competitiveness by advancing digital adoption and technological innovation among small and medium-sized enterprises (SMEs). Through investments in digital solutions and technologies that boost productivity and resilience, the fund assists businesses in scaling up, expanding their capabilities, and adapting to evolving market demands.
In addition to promoting green initiatives and digital transformation, the Jobs and Growth Fund also prioritizes strengthening sectors critical to Canada's recovery and growth. By supporting activities that facilitate market expansion, develop emerging areas of competitive advantage, and enhance supply chain resilience, the fund contributes to building a robust and diversified Canadian economy.
Businesses and organizations seeking funding through the Jobs and Growth Fund are encouraged to consult the applicant guide provided by ACOA and submit their applications online or by mail to the regional offices. The fund operates on a continuous intake basis until the allocated funding is fully utilized, emphasizing the importance of timely and strategic project submissions.
In conclusion, the Jobs and Growth Fund represents a valuable opportunity for businesses and organizations in Atlantic Canada to access financial support for job creation, green economy initiatives, digital transformation, and sectoral growth. By aligning projects with the fund's priorities and demonstrating a commitment to driving economic resilience and inclusivity, applicants can leverage this funding to propel their operations towards sustainable success and contribute to the long-term prosperity of the region.
