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Atlantic Innovation Fund — Private Sector Businesses
Financial backing for technology R&D in Atlantic Canada
Last Update: June 6, 2026
Funding available
Varies by project
Timeline
- Open Date : February 3, 2026
Location
New Brunswick, Newfoundland and Labrador, Nova Scotia, Prince Edward Island, Canada
Overview
Get a conditionally repayable contribution to develop or adapt a technology-based product process or service with strong potential for commercialization.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Develop a new product or service
- Launch or market a product/service
Eligible Funding
- Varies by project
Timeline
- Open Date : February 3, 2026
Eligible candidates
Eligible Industries
- Professional, scientific and technical services
- Educational services
- Other services (except public administration)
Location
- New Brunswick, Newfoundland and Labrador, Nova Scotia, Prince Edward Island
Legal structures
- All legal structures
Annual revenue
- All revenue ranges
Organisation size
- All organization sizes
Audience
- All groups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
- Development and marketing of new products and services.
- Adaptation of new technology for business needs or market opportunities.
Documents Needed
- Project Concept Template
- Application for financial assistance
- Incorporation or constituting documents, if required
- Financial statements, if required
- Project description or plan and supporting documents, if required
Eligibility
Who is eligible?
- Private-sector businesses
- Colleges, universities, and other post-secondary institutions
- Non-government research organizations
- Provincial Crown corporations
Eligible expenses
- Creation and commercialization of new products and services.
- Adaptation of new technology to meet business needs or market opportunities.
Eligible geographic areas
- Nova Scotia
- New Brunswick
- Prince Edward Island
- Newfoundland and Labrador
Processing and Agreement
- Applications are acknowledged after receipt by ACOA.
- Applications are assessed using the information and documents provided.
- ACOA may request additional information or clarification.
- A funding decision is made after the assessment is complete.
Additional information
- The program is closed and no longer accepting applications.
- ACOA may request additional information or clarification during assessment.
- Past recipients can be found on the Open Government Portal.
Contacts
Frequently Asked Questions about the Atlantic Innovation Fund — Private Sector Businesses Program
What is the Atlantic Innovation Fund — Private Sector Businesses?
Get a conditionally repayable contribution to develop or adapt a technology-based product process or service with strong potential for commercialization.
Who is eligible for the Atlantic Innovation Fund — Private Sector Businesses program?
To be eligible for the Atlantic Innovation Fund — Private Sector Businesses program, you must:
Large-scale R&D project.
Strong commercialization potential.
Eligible applicant type.
What expenses are eligible under Atlantic Innovation Fund — Private Sector Businesses?
Development and marketing of new products and services.
Adaptation of new technology for business needs or market opportunities.
Who can I contact for more information about the Atlantic Innovation Fund — Private Sector Businesses?
You can contact Atlantic Canada Opportunities Agency (ACOA) or by phone at 1-888-576-4444.
Where is the Atlantic Innovation Fund — Private Sector Businesses available?
The Atlantic Innovation Fund — Private Sector Businesses program is available the province of New Brunswick, Newfoundland and Labrador, Nova Scotia, Prince Edward Island.
Is the Atlantic Innovation Fund — Private Sector Businesses a grant, loan, or tax credit?
Atlantic Innovation Fund — Private Sector Businesses is a Grant and Funding
Who are the financial supporters of the Atlantic Innovation Fund — Private Sector Businesses?
Atlantic Innovation Fund — Private Sector Businesses is funded by Atlantic Canada Opportunities Agency (ACOA)