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|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
- Prairies Economic Development Canada (PrairiesCan)
- Government of Canada
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|terms_and_conditions
The Aerospace Regional Recovery Initiative provides a comprehensive set of financing options designed to facilitate the growth and innovation of the aerospace sector. These modalities ensure projects can maximize their impact through strategic financial support.
- Commercial projects may receive funding covering up to 75% of eligible project costs, provided through interest-free repayable loans.
- Non-commercial projects may benefit from non-repayable funding for up to 90% of eligible costs, with a requirement that 10% is sourced from non-government funds.
- Projects can be eligible to receive a maximum of $10 million in funding.
- Retroactive cost eligibility for up to 12 months prior to the project application receipt.
- Repayment for loans commences one year post-project completion, structured over 60 equal monthly payments, with an option for early repayment.
grant_single_labels|projects
This grant focuses on aiding the recovery of the aerospace sector by enhancing its competitiveness on a global scale. It supports efforts in greening operations, boosting productivity, and strengthening market readiness.
- Transitioning towards greener products and operations, including the adoption and commercialization of clean tech products and services.
- Improving productivity through advanced manufacturing and Industry 4.0 technologies, including artificial intelligence and cybersecurity.
- Commercializing innovative products and services.
- Integrating new start-ups and technologies into key aspects of the value chain.
- Promoting inclusion by addressing barriers for specific groups, such as women, Indigenous peoples, youth, and visible minorities.
- Developing the workforce to tackle labour and skill shortages through training, upskilling, or hiring activities.
- Providing technical assistance for adopting technologies and efficient management practices.
- Making strategic capital investments to support transformational projects and high-profile SMEs.
- Utilizing procurement tools like the Industrial and Technological Benefits Policy to support SMEs and new technologies.
grant_single|admissibleProjectsExample
$ 800,000
Develop a workforce training program in advanced robotics for manufacturing industries
$ 1,500,000
Commercialize a novel AI-driven medical diagnosis tool with a focus on accessibility
$ 1,000,000
Develop and market a biodegradable packaging line for food products
$ 1,800,000
Implement an advanced analytics platform for optimizing manufacturing processes
$ 1,450,000
Adopt smart manufacturing technologies to enhance productivity of custom automotive parts
$ 1,200,000
Scale up the production capacity of sustainable fabrics for the fashion industry
grant_single_labels|admissibility
Eligibility for this grant is determined by the criteria related to the type of organization applying and the support they provide.
- The applicant must be a business operating in the aerospace industry or an organization that supports such businesses.
- The applicant can be a small or medium-sized enterprise (SME) or a not-for-profit organization providing services to SMEs, including municipalities, post-secondary institutions, provinces, and Indigenous organizations.
- Indigenous businesses and organizations are eligible to apply.
grant_eligibility_criteria|who_can_apply
Businesses operating in the aerospace industry, as well as organizations supporting them, are eligible to apply. This includes Small and Medium-sized Enterprises (SMEs), not-for-profit organizations providing services to SMEs, municipalities, post-secondary institutions, provinces, and Indigenous organizations. Indigenous applicants are specifically invited and may receive funding exceeding standard thresholds.
grant_eligibility_criteria|who_cannot_apply
This grant excludes certain companies and industries due to their status or main activity, as well as specific ineligible costs. However, details on ineligible applicants based on industry are not explicitly provided in the context.
- Basic and applied R&D activities (Technology readiness level 1-6 are not eligible activities).
- Entertainment-based companies seeking funding for non-commercial activities.
grant_eligibility_criteria|eligible_expenses
The Aerospace Regional Recovery Initiative (ARRI) aims to support activities that enhance environmental sustainability, productivity, and commercialization within the aerospace sector in Canada's Prairie provinces. These projects are designed to bolster the sector's global competitiveness and foster economic resilience.
- Transition towards greener products and operations, including the commercialization of clean tech products and electrification.
- Improvement of productivity through advanced manufacturing, Industry 4.0, artificial intelligence, and cybersecurity integrations.
- Commercialization of innovative products and services in the aerospace industry.
- Integration of start-ups and new technologies into regional and global supply chains.
- Workforce development, including training and upskilling of employees to address labour shortages.
- Capital investments for transformative projects and emerging SMEs, bridging to the Strategic Infrastructure Fund.
- Adoption of digital tools and cybersecurity enhancements within the aerospace industry.
grant_eligibility_criteria|zone
This grant is available to companies located within specific geographical areas as determined by the regional development focus of the Prairie provinces in Canada. The eligibility is crafted to support regional economic objectives.
- Businesses and organizations operating in the Prairie provinces, Canada.
grant_single_labels|criteria
The evaluation and selection of projects for this grant are focused on meeting program objectives and demonstrating economic impact, among other criteria.
- Alignment with the objectives of the program.
- The eligibility of the applicant, project activities, and project costs.
- Clear, measurable economic benefits as a direct result of the project (e.g., revenues or number of jobs created relative to the funding request).
- Strength of the management of the applicant.
- Financial capacity of the applicant to complete the project.
- For corporate projects, the company’s financial strength and ability to repay based on historical financial reporting and logical projections.
- Leveraging from other funders.
- Strong market demand for the product or service.
- Technology readiness.
grant_single_labels|register
Here are the steps to submit an application for this grant:
- Step 1: Confirm Eligibility
- Ensure your organization operates in the aerospace industry or supports it as specified in the eligibility criteria.
- Verify compliance with other eligibility criteria such as organisation type and project scope.
- Step 2: Prepare Application Content
- Develop a clear project outline aligning with one or more initiative objectives: greening operations, improving productivity, and enhancing commercialization.
- Ensure the project demonstrates potential for economic benefits and addresses barriers for targeted groups.
- Gather documentation of confirmed funding sources other than the grant.
- Compile necessary financial and organizational information.
- Step 3: Complete Application Form
- Access the application form through the regional development agency handling your area.
- Fill out required details accurately.
- Attach all necessary documentation to ensure completeness.
- Step 4: Submit Application
- Review the application thoroughly for accuracy and completeness.
- Submit the completed application through the specified submission portal or mailing address, as directed by the regional development agency.
- Step 5: Confirmation and Follow-Up
- Receive confirmation of submission, typically an email or a reference number.
- Retain confirmation details for tracking your application status.
grant_single_labels|otherInfo
Here are additional relevant details for this grant:
- The Aerospace Regional Recovery Initiative (ARRI) works in conjunction with other funding programs like the Strategic Innovation Fund and the COVID-19 Economic Response Plan.
- Indigenous applicants may receive funding that exceeds standard thresholds, offering potentially higher financial support.
- Retroactive cost eligibility allows for costs incurred up to 12 months prior to the application submission, offering flexibility for project planning.
- The assistance available can include interest-free repayable loans for commercial projects, with a structured repayment plan beginning one year post-project completion.
grant_single_labels|contact
1-888-338-9378
Apply to this program
Aerospace Regional Recovery Initiative: Boosting the Prairies
The Aerospace Regional Recovery Initiative (ARRI) is aimed at aiding the Canadian aerospace sector, with a focus on the Prairie provinces, to recover and thrive post-pandemic. This grant program supports projects fostering environmental sustainability, productivity improvements, and supply chain enhancement through funding and resource connections.
Expanding Opportunities Through the Aerospace Regional Recovery Initiative
The Aerospace Regional Recovery Initiative (ARRI) stands as a cornerstone program aimed at revitalizing the Canadian aerospace sector, particularly within the Prairie provinces, in the aftermath of the COVID-19 pandemic. With a robust funding pool of $250 million distributed over three years, this initiative has been structured meticulously to ensure the long-term competitiveness and resilience of the aerospace industry on the global stage. Administered by Canada’s regional development agencies, ARRI is intricately linked to additional governmental support measures as part of Canada's COVID-19 Economic Response Plan, thereby aligning with initiatives like Industry, Science and Economic Development's Strategic Innovation Fund.
ARRI's multi-faceted approach specifically targets small and medium-sized enterprises (SMEs) and other eligible entities within the aerospace sector. Its primary objectives include greening operations by promoting environmentally sustainable practices, enhancing productivity, and strengthening commercialization efforts, all of which are crucial in embedding these businesses within regional and global supply chains. Through this initiative, participating firms are encouraged to adopt innovative technologies and engage in projects that promise significant economic growth while adhering to broader environmental and social responsibilities.
Projects undertaken within the ARRI framework can access substantial financial support, with eligible commercial ventures able to receive up to 75% of their project costs in the form of interest-free repayable loans, while non-commercial projects may secure up to 90% of costs as non-repayable assistance. Notably, the initiative seeks to cultivate a culture of inclusivity by prioritizing projects that enhance diversity within the sector, addressing barriers faced by underrepresented groups, including women, Indigenous peoples, youth, and visible minorities. Furthermore, the grant covers a broad array of eligible activities such as workforce development, advanced manufacturing, and the adoption of clean technologies, which are essential in driving sustainable economic development.
ARRI’s emphasis on collaboration also extends to its strategy of connecting applicants with vital industry players, effectively creating networks that drive growth and innovation. Besides offering financial backing, the initiative facilitates access to expertise and additional funding streams, thereby nurturing an environment where aerospace businesses can thrive in an increasingly competitive international market.
Given the strategic importance of the aerospace industry in contributing to Canada's economic prosperity, ARRI serves not just as a recovery tool but as a catalyst for future growth. It strengthens the sector's foundation by investing in projects that promise measurable outcomes, from job creation and market expansion to advancements in clean technology.
While application windows for the ARRI have officially closed, the initiative has set a precedent in the scope and scale of support for the aerospace sector in Canada, setting the stage for future policies aimed at fostering innovation and sustainability. Businesses and organizations involved in aerospace can reflect on the opportunities provided by this initiative and prepare for future openings that may arise from evolving economic and industrial policies.
