PacifiCan — Aerospace Regional Recovery Initiative — Indigenous Stream
Overview
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.
At a glance
Funding available
- Integrate new technologies
- Develop strategic partnerships
- Develop a new product
- No Condition
- Closing date : March 31, 2024
Eligible candidates
- Manufacturing
- British Columbia
- Non-profit
- Public or Parapublic institution
- For-profit business
- All revenue ranges
- All organization sizes
- All groups
- Environment
- Economic, Social and Community Development
- Employment and Training
- Business Associations
- Diversity and Inclusion
- Indigenous peoples
- Business owners / entrepreneurs
- All structures
- Regional
- National
Activities funded
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.
Eligibility
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.
Who is eligible?
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.
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.
Eligible geographic areas
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.
Selection 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.
How to apply
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.
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.
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.
Confirmation of Submission
- Await confirmation of receipt from the regional development agency.
- Keep a record of your submission confirmation for future reference.
Additional information
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.
