CED Aerospace Regional Recovery Initiative
At a glance
- No Condition
- Closing date : March 31, 2024
- All industries
- Government of Canada
- Canada Economic Development for Quebec Regions
Overview
Eligibility criteria
This grant is intended for businesses operating in the aerospace industry, including small and medium-sized enterprises (SMEs) and not-for-profit organizations supporting SMEs. Eligible activities include transitioning towards greener products, improving productivity, and enhancing commercialization and integration into supply chains.
- Businesses operating in the aerospace industry, including SMEs.
- Not-for-profit organizations providing services to SMEs.
- Indigenous businesses and organizations.
Who is eligible
Eligible applicants for the Aerospace Regional Recovery Initiative - Quebec grant include small and medium-sized enterprises (SMEs) and not-for-profit organizations providing services to SMEs in the aerospace industry.
- Small and medium-sized enterprises (SMEs)
- Not-for-profit organizations providing services to SMEs
Who is not eligible
Based on the grant context provided, there are no specific types of companies mentioned that are not eligible for the Aerospace Regional Recovery Initiative - Quebec grant.
Eligible expenses
There are eligible expenses for this grant. Eligible expenses include:
- Transition towards greener products and operations
- Improved productivity such as advanced manufacturing and workforce development
- Commercialization and integration into supply chains
Eligible projects & activities
The Aerospace Regional Recovery Initiative - Quebec supports projects that focus on transitioning to greener products and operations, improving productivity, and strengthening commercialization for small and medium-sized enterprises in the aerospace industry.
- Transition towards greener products and operations
- Improving productivity through advanced manufacturing and Industry 4.0
- Enhancing commercialization and integration into global supply chains
Evaluation & selection criteria
There are evaluation and selection criteria for this grant.
- Projects must contribute to greener products and operations, generate economic benefits in regions, improve resilience, promote business development, address diversity and inclusion barriers, and support digital adoption and cybersecurity within the aerospace industry.
Aerospace Regional Recovery Initiative - Quebec Summary
The Aerospace Regional Recovery Initiative in Quebec aims to support small and medium-sized enterprises in the aerospace industry to enhance their operations, productivity, and integration into supply chains. The initiative, part of the REGI program, focuses on green practices, productivity improvements, and commercialization efforts to strengthen the sector's global competitiveness.
The Aerospace Regional Recovery Initiative (ARRI) in Quebec targets Canadian aerospace SMEs, offering funding to facilitate their transition towards sustainability, productivity enhancements, and better integration into supply chains. With a budget of $250 million over three years, the initiative promotes the adoption of green technologies, advanced manufacturing, and workforce development to drive economic growth and sector resilience.
Eligible applicants include SMEs and not-for-profit organizations supporting the aerospace industry. The initiative prioritizes projects that contribute to greener practices, economic development in regions, diversity, and digital adoption. Funding may be repayable or non-repayable, covering costs retroactively up to 12 months before application.
This targeted support from Canada Economic Development for Quebec Regions under the REGI framework is a strategic investment in the aerospace sector's recovery post-pandemic, fostering innovation, sustainability, and competitiveness for SMEs in Quebec.
