How much funding can be received?

There is no informations about how much funding can be received.

What is the deadline to apply?

The deadline to apply is not specified.

Who are the financial supporters of the CED Aerospace Regional Recovery Initiative — Indigenous stream?

CED Aerospace Regional Recovery Initiative — Indigenous stream is funded by Government of Canada, Canada Economic Development for Quebec Regions (CED)

CED Aerospace Regional Recovery Initiative — Indigenous stream

Q: What are CED Aerospace Regional Recovery Initiative — Indigenous stream's eligibility criterias?

Businesses operating in the aerospace industry or organizations that support them. Small and medium-sized enterprises (SMEs). Indigenous businesses and organizations.

QC, Canada

Funding to recover Quebec's Indigenous-led aerospace sector

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Grant and Funding

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Manufacturing

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Government of Canada
Canada Economic Development for Quebec Regions (CED)

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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.

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This grant offers specific financing modalities to support indigenous aerospace initiatives aiming at recovery and growth in the global context. The financial support is structured to cater to the unique needs of SMEs and non-profit organizations within the aerospace sector.

Contributions to small and medium-sized enterprises (SMEs) are generally repayable or conditionally repayable.
Contributions to not-for-profit organizations are generally non-repayable.
Retroactive costs may be eligible for coverage up to 12 months prior to the application, but no earlier than April 19, 2021.

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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.

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$ 400,000

Integrating advanced manufacturing techniques to improve productivity and reduce waste

$ 500,000

Implementing clean tech solutions in aircraft manufacturing to reduce carbon emissions

$ 450,000

Developing a cybersecurity network to protect sensitive aerospace data and improve supply chain security

$ 350,000

Enhancing supply chain integration through blockchain technology for better traceability

$ 300,000

Adopting AI for quality control to enhance commercialization and reduce defects in parts

$ 500,000

Adopting green energy solutions for our factories to reduce greenhouse gas emissions

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The Aerospace Regional Recovery Initiative (ARRI) specifies certain eligibility criteria for companies seeking to apply for funding.

Applicants must be businesses operating in the aerospace industry or organizations that support them.
Eligible applicants include small and medium-sized enterprises (SMEs) and not-for-profit organizations providing services to SMEs.
Indigenous businesses and organizations are eligible and can receive contributions covering up to 100% of eligible project costs.

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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).

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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).

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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.

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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.

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Evaluation and selection criteria for this grant include:

Contribution to greener products and operations or environmentally sustainable practices
Generation of important economic benefits and promotion of business development
Improvement of resilience and international competitiveness of the aerospace sector
Enhancement of diversity and inclusion to address barriers faced by certain groups
Support for digital adoption in the aerospace industry and enhanced cybersecurity

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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.