
CED Aerospace Regional Recovery Initiative — Indigenous stream
- Receipt of requests is now closed
Overview
The CED Aerospace Regional Recovery Initiative—Indigenous stream provides up to 100% funding for eligible project costs to support the Canadian aerospace sector's recovery and global competitiveness. It focuses on activities such as greening operations, improving productivity, and enhancing commercialization within supply chains.
At a glance
Funding available
- Increase performance through digital transformation
- Optimize production processes
- Reduce environmental footprint
- Varies by project
- Receipt of requests is now closed
Eligible candidates
- Manufacturing
- Quebec
- Non-profit
- Public or Parapublic institution
- For-profit business
- All revenue ranges
- All organization sizes
- Indigenous Peoples
- Startups
- Environment
- Economic, Social and Community Development
- Employment and Training
- Business Associations
- Diversity and Inclusion
- Indigenous peoples
- Business owners / entrepreneurs
- All structures
- Regional
Next Steps
Activities funded
This initiative aims to support the Canadian aerospace sector in its recovery journey by promoting sustainability, productivity, and global integration. Eligible projects will focus on innovations and practices to enhance the sector's competitiveness and environmental stewardship.
- Transition towards greener products and operations or environmentally sustainable practices, including the adoption and commercialization of clean tech products and electrification for a lower carbon footprint.
- Improvement of productivity through advanced manufacturing, Industry 4.0, scaling up high-potential firms, artificial intelligence, cybersecurity, or workforce and skills development.
- Commercialization and integration into supply chains by incorporating new start-ups and technologies in key aspects of the value chain.
Eligibility
Who is eligible?
Eligible applicants include small and medium-sized enterprises (SMEs) operating in the aerospace industry, not-for-profit organizations providing services to SMEs, and Indigenous businesses and organizations. Indigenous applicants may receive up to 100% project funding through regional development agencies (RDAs).Who is not eligible
There are certain types of companies that are not eligible for this grant. These include:
- Companies not operating in the aerospace industry.
- Companies that do not fall under the category of small and medium-sized enterprises (SMEs).
Eligible expenses
The Aerospace Regional Recovery Initiative supports activities that aim to boost competitiveness, improve sustainability, and foster integration within the aerospace industry. These projects focus on operational greening, productivity enhancement, and supply chain integration.
- The transition towards greener products and operations or environmentally sustainable practices, such as the adoption and commercialization of clean tech products and services or electrification to support a lower carbon footprint.
- The improvement of productivity, such as advanced manufacturing and Industry 4.0, scaling up high potential firms, applying artificial intelligence and cybersecurity, or workforce and skills development.
- The commercialization and integration into supply chains, including integrating new start-ups and technologies into key aspects of the value chain.
Eligible geographic areas
This grant is administered by Canada’s regional development agencies, specifically targeting the Canadian aerospace sector's recovery in Quebec. While the grant application period is closed, eligible companies were those involved within certain criteria across recognized regions.
Additional information
Here are additional relevant details for this grant:
- The initiative has a total budget of $250 million over three years, ending on March 31, 2024.
- The initiative supports efforts such as the transition towards greener products, productivity improvements, and enhanced commercialization in the aerospace sector.
- Funding contributions to Indigenous applicants can cover up to 100% of eligible project costs.
- Financial contributions to SMEs under this initiative are generally repayable or conditionally repayable, whereas contributions to not-for-profits are generally non-repayable.
- Certain costs may be eligible on a retroactive basis up to 12 months before the receipt of a project application, but no earlier than April 19, 2021.