Open
Atlantic Innovation Fund — Private Sector Businesses
Financial backing for technology R&D in Atlantic Canada
Last Update: May 28, 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
Here are answers to the most common questions about the Atlantic Innovation Fund — Private Sector Businesses. 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 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)