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PacifiCan — Aerospace Regional Recovery Initiative — Indigenous Stream
BC, Canada
Funding to recover Canada’s Indigenous-led aerospace sector in British Columbia
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|noCondition
grant_single|deadlines
- grant_single|closingDateMarch 31, 2024
- grant_single|grantStatusClosed
grant_single|financingType
Grant and Funding
grant_single|eligibleIndustries
- Manufacturing
grant_single|grantors
- Government of Canada
- Pacific Economic Development Canada (PacifiCan)
grant_single|status
grant_card_status|closed
grant_single_labels|preview
If your SME or non-profit is working on a project to become more environmentally friendly, improve productivity, strengthen commercialization or integrate with regional and global supply chains, you could get a contribution to help with some of the costs.
grant_single_labels|terms_and_conditions
The Aerospace Regional Recovery Initiative — Indigenous Stream provides various financial support mechanisms to empower Indigenous applicants, ensuring they receive robust support for their eligible projects. The financial support is tailored to cater to different types of applicants while aligning with the objectives of the initiative.
- 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 eligibility for certain project costs may apply up to 12 months before the receipt of the project application, starting no earlier than April 19, 2021.
- Regional Development Agencies (RDAs) can contribute up to 100% of eligible project costs for Indigenous clients.
grant_single_labels|projects
The Aerospace Regional Recovery Initiative aims to boost the competitiveness of the Canadian aerospace sector by supporting projects that drive sustainability, productivity, and commercialization. This initiative focuses on advancing environmentally friendly practices and enhancing the industry’s global integration.
- Transition towards greener products and operations or environmentally sustainable practices, such as adoption and commercialization of clean tech products and services or electrification to support a lower carbon footprint.
- Improvement of productivity through advanced manufacturing and Industry 4.0, scale-up of high potential firms, artificial intelligence and cybersecurity, or workforce and skills development.
- Commercialization and integration into supply chains, including the integration of new start-ups and new technologies in key aspects of the value chain.
grant_single|admissibleProjectsExample
$ 160,000
Scaling up a biotech startup focused on sustainable solutions
$ 128,000
Launching an AI-driven platform for a financial cooperative
$ 120,000
Implementing AI-driven manufacturing processes at an aerospace component factory
$ 136,000
Developing a cybersecurity framework for a Montreal-based SME
$ 160,000
Creating a green manufacturing line for eco-friendly packaging
$ 192,000
Electrifying delivery vehicle fleet for a local food cooperative
grant_single_labels|admissibility
Eligible applicants for this grant must conform to specific criteria related to their operations and sector involvement.
- The applicant must be a business operating within the aerospace industry.
- Eligible applicants include small and medium-sized enterprises (SMEs).
- Not-for-profit organizations providing services to SMEs are eligible.
- Indigenous businesses and organizations qualify to apply.
grant_eligibility_criteria|who_can_apply
Businesses operating in the aerospace industry, such as SMEs, not-for-profit organizations providing services to SMEs, and Indigenous applicants, including Indigenous businesses and organizations, were eligible to apply.
grant_eligibility_criteria|eligible_expenses
The Aerospace Regional Recovery Initiative (ARRI) focuses on promoting sustainable practices within the aerospace sector, enhancing productivity, and fostering integration into global supply chains. The projects aim to elevate the competitive edge of small and medium-sized enterprises (SMEs) in the industry.
- Transition towards greener products and operations or adoption of environmentally sustainable practices, including commercialization of clean tech products and electrification efforts.
- Improvement of productivity through advanced manufacturing techniques, Industry 4.0 practices, scaling high potential firms, and workforce skills development.
- Commercialization and deeper integration of new technologies and start-ups into key supply chain roles.
grant_eligibility_criteria|zone
This initiative is delivered by Canada’s regional development agencies, specifically targeting the aerospace sector in British Columbia. The eligible locations are aligned with regional recovery and development objectives.
- Businesses operating in British Columbia.
grant_single_labels|criteria
There are evaluation and selection criteria for this grant. The criteria include prioritizing projects that focus on transitioning to greener practices, generating economic benefits in regions, enhancing diversity and inclusion, and supporting digital adoption and cybersecurity within the aerospace industry.
- Projects transitioning towards greener practices or environmentally sustainable initiatives.
- Projects generating economic benefits and promoting regional business development.
- Projects improving diversity and inclusion to address barriers faced by certain groups.
- Projects supporting digital adoption and enhancing cybersecurity within the aerospace sector.
grant_single_labels|register
- Step 1: Preliminary Research
- Ensure your organization is eligible under the Aerospace Regional Recovery Initiative guidelines.
- Contact your regional development agency to express interest and gather detailed application requirements specific to your region.
- Step 2: Prepare Application
- Outline your project proposal, emphasizing how it meets program objectives such as greening operations, improving productivity, or enhancing supply chain integration.
- Prepare a detailed budget and timeline for the proposed project.
- Collect supporting documents, which may include business plans, financial statements, and partnerships letters.
- Step 3: Submit Application
- Submit the completed application and all required documents through your regional development agency's submission process.
- Ensure submission is made before funding is fully committed, as applications are accepted on an ongoing basis.
- Step 4: Confirmation of Submission
- Await confirmation of receipt from the regional development agency.
- Keep a record of your submission confirmation for future reference.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- Funding under this initiative aims to support the aerospace sector's recovery from the pandemic, specifically targeting environmentally sustainable practices and global competitiveness.
- Contributions by RDAs can cover 100% of eligible project costs for Indigenous clients, indicating a special provision for Indigenous businesses and organizations.
- Retroactive cost eligibility allows for funding of expenses incurred up to a year before project application, provided they are after April 19, 2021.
- Initiative aligns with Canada's broader COVID-19 Economic Response Plan and Strategic Innovation Fund initiatives.
- Repayability conditions generally apply to SME contributions, whereas not-for-profits typically receive non-repayable contributions.
grant_single_labels|contact
1-888-338-9378