PrairiesCan — Aerospace Regional Recovery Initiative
AB, Canada
Funding to recover Canada's aerospace sector in the Prairie region
grant_single_labels|summary
grant_single|eligibleFinancing
- grant_single|maxCount
- grant_single|projectCostPercent
grant_single|deadlines
- grant_single|timelineUnspecified
grant_single|financingType
Grant and Funding
Loans and Capital investments
Other Support
grant_single|eligibleIndustries
- Manufacturing
- Professional, scientific and technical services
grant_single|grantors
- Government of Canada
- Prairies Economic Development Canada (PRAIRIESCAN)
grant_single|status
grant_card_status|open
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|projects
There are eligible projects and activities for this grant. The Aerospace Regional Recovery Initiative supports projects that focus on transitioning to greener operations, improving productivity, strengthening commercialization, and advancing inclusion through activities such as:
- Adoption and commercialization of clean tech products and services
- Advanced manufacturing and Industry 4.0
- Scale-up of high potential firms
- Workforce and skills development
- Commercialization of innovative products and services
grant_single|admissibleProjectsExample
$800,000
Ottawa
Develop a workforce training program in advanced robotics for manufacturing industries
$1,500,000
Montreal
Commercialize a novel AI-driven medical diagnosis tool with a focus on accessibility
$1,000,000
Vancouver
Develop and market a biodegradable packaging line for food products
$1,800,000
Toronto
Implement an advanced analytics platform for optimizing manufacturing processes
$1,450,000
Calgary
Adopt smart manufacturing technologies to enhance productivity of custom automotive parts
$1,200,000
Winnipeg
Scale up the production capacity of sustainable fabrics for the fashion industry
grant_single_labels|admissibility
This grant is available for businesses operating in the aerospace industry, including SMEs, not-for-profit organizations, and Indigenous applicants. Eligible applicants can receive funding of up to $10 million on any one project.
- Businesses operating in the aerospace industry, SMEs, not-for-profit organizations supporting SMEs, and Indigenous applicants are eligible to apply.
- Eligible applicants can receive a maximum of $10 million for a single project.
grant_eligibility_criteria|who_can_apply
There are eligible types of companies for the Aerospace Regional Recovery Initiative grant:
- Small and medium-sized enterprises (SMEs) in the aerospace industry
- Not-for-profit organizations providing services to SMEs, including municipalities, post-secondary institutions, provinces, and Indigenous organizations
- Indigenous businesses and organizations
grant_eligibility_criteria|who_cannot_apply
Some types of companies are not eligible for this grant, such as:
- Companies outside of the aerospace industry
- Large corporations not meeting the criteria for SMEs
- Companies not operating in the Prairie provinces
grant_eligibility_criteria|eligible_expenses
Eligible expenses for this grant may include capital costs (equipment, machinery), labour (wages and benefits), marketing, costs related to intellectual property, technology development and commercial demonstrations, professional, advisory and technical services.
- Capital costs (equipment, machinery)
- Labour (wages and benefits)
- Marketing
- Costs related to intellectual property
- Technology development and commercial demonstrations
- Professional, advisory and technical services
grant_single_labels|criteria
There are evaluation and selection criteria for this grant. Applications will be evaluated based on alignment with program objectives, economic benefits, management strength, and financial capacity. Only the strongest applications will be funded.
- Alignment with the program objectives
- Eligibility of the applicant, project activities, and costs
- Economic benefits directly resulting from the project
- Strength of the applicant's management
- Financial capacity to complete the project
- Market demand for the product or service
- Technology readiness
- Leveraging from other funders
grant_single_labels|register
- Step 1: Prepare a detailed project plan and budget.
- Step 2: Ensure your project aligns with the objectives of the Aerospace Regional Recovery Initiative (ARRI).
- Step 3: Gather all necessary documentation, including financial statements and confirmation of funding.
- Step 4: Submit your application to Canada's regional development agencies.
grant_single_labels|contact
1-888-338-9378
Apply to this program
Summary of the Aerospace Regional Recovery Initiative (ARRI) Grant
The Aerospace Regional Recovery Initiative (ARRI) is a funding program aimed at supporting small and medium-sized enterprises (SMEs) in the aerospace industry within the Prairie provinces of Canada. The initiative focuses on green practices, productivity improvement, and strengthening commercialization to enhance competitiveness in the global aerospace sector.
Details of the Aerospace Regional Recovery Initiative (ARRI) Grant
The Aerospace Regional Recovery Initiative (ARRI) is a significant funding opportunity for businesses operating in the aerospace industry in the Prairie provinces of Canada. With a total budget of $250 million over three years, ARRI is designed to help SMEs in the aerospace sector emerge stronger from the economic impacts of the pandemic and compete globally.
Eligible applicants for ARRI include SMEs, not-for-profit organizations supporting SMEs, and Indigenous businesses and organizations. Funding is available for projects that focus on greener operations, productivity enhancements, and commercialization while promoting inclusivity and strengthening supply chains.
Commercial projects under ARRI may qualify for up to 75% of eligible project costs in interest-free repayable loans, while non-commercial projects can receive up to 90% funding without repayment requirements. Funding can support various activities such as adopting clean tech products, improving workforce skills, and integrating new technologies into the aerospace value chain.
The evaluation process for ARRI applications emphasizes the alignment with program objectives, economic benefits generated, financial capacity of applicants, and market demand for the proposed projects. Priority is given to projects that advance greener practices, enhance regional economic development, promote diversity and inclusion, and support digital adoption in the aerospace industry.
Applicants are encouraged to provide confirmation of the balance of funding at the time of application, including details like current bank statements or funding agreements. Applications are accepted on an ongoing basis until the funding is fully committed, and interested organizations can contact the regional development agencies for more information on how to apply for the Aerospace Regional Recovery Initiative grant.
