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.

Regional Economic Growth through Innovation (REGI) — Business Scale-up and Productivity — ACOA

Q: What are Regional Economic Growth through Innovation (REGI) — Business Scale-up and Productivity — ACOA's eligibility criterias?

For-profit businesses, including sole proprietorships, partnerships, social enterprises, incorporated companies, corporations, or co-operatives Includes Indigenous-owned businesses

Last Update: June 4, 2025

NS, Canada

Financing to accelerate growth in Atlantic Canada

Regional Economic Growth through Innovation (REGI) — Business Scale-up and Productivity — ACOA at a glance

Eligible Funding

No Condition

Timeline

Continuous Intakes

Financing Type

Grant and Funding

Eligible Industries

Manufacturing
Information and cultural industries
Arts, entertainment and recreation

Grant Providers

Government of Canada
Atlantic Canada Opportunities Agency (ACOA)

Status

Open

Overview of the Regional Economic Growth through Innovation (REGI) — Business Scale-up and Productivity — ACOA program

Get a financial contribution to help you scale up and expand, adopt and commercialize innovative technologies and processes, or diversify your markets. You can apply to this program as long as your project benefits Atlantic Canada.

Financing terms and conditions

Repayable contributions are unsecured and interest-free; the specific repayment schedule and conditions are detailed in the agreement.
Non-repayable contributions are available for non-profit organizations under certain funding streams.

Eligible projects & activities

Scaling up and expanding business operations.
Adopting and integrating new technologies.
Improving productivity levels.
Developing new products and accessing new markets.
Building and strengthening regional innovation networks through business support organizations.

Examples of admissible projects:

$ 120,000

Implementation of advanced CRM software for greater productivity at a financial cooperative in St John's

$ 60,000

Launch of a new organic skincare product line by a sole proprietorship

$ 85,000

Development of eco-friendly packaging for a social economy enterprise

$ 45,000

Digitization of historical records for a non-profit organization with autonomous revenue

$ 70,000

Exploring new export markets for local seafood products by a limited partnership

Eligibility criteria of the Regional Economic Growth through Innovation (REGI) — Business Scale-up and Productivity — ACOA program

The applicant must be a business, including sole proprietorships, partnerships, social enterprises, incorporated companies, corporations, co-operatives, or Indigenous-owned businesses.
The applicant may also be a non-profit organization that offers services to businesses.
The project must focus on business scale-up, expansion, adopting new technologies, improving productivity, or accessing new markets.

Who is eligible?

Sole proprietorships
Partnerships
Social enterprises
Incorporated companies, corporations, or co-operatives
Indigenous-owned businesses
Non-profit organizations that offer services to businesses
Post-secondary educational institutions
Accelerators and business incubators
Angel networks
Municipalities and municipal-type organizations
Community-owned Indigenous businesses

Who is not eligible

There are specific types of companies that are not eligible for this grant. Indigenous-owned businesses, sole proprietorships, partnerships, social enterprises, incorporated companies, corporations or co-operatives, and all other types of enterprises are eligible for the grant.

Indigenous-owned businesses
Sole proprietorships
Partnerships
Social enterprises
Incorporated companies
Corporations or co-operatives
All other types of enterprises

Eligible expenses

Costs to scale up and expand business operations.
Expenses for adopting and integrating new technologies.
Investments to improve productivity.
Expenditures related to creating new products.
Costs incurred to access new markets.

Eligible geographic areas

Atlantic Canada, including Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland and Labrador.

Eligibility criteria of the Regional Economic Growth through Innovation (REGI) — Business Scale-up and Productivity — ACOA program

There are evaluation and selection criteria for this grant. The evaluation process considers various factors to determine eligibility and assess the potential impact of the project.

Evaluation criteria may include:
Alignment with program objectives
Viability and potential for growth
Economic impact and innovation
Capacity to implement the project
Benefit to the region and community

How to apply to the Regional Economic Growth through Innovation (REGI) — Business Scale-up and Productivity — ACOA program

Contact ACOA Office

Reach out to your nearest Atlantic Canada Opportunities Agency (ACOA) office to discuss your project details.
Gather insights on project eligibility and funding details.

Prepare Application

Complete the "Application for financial assistance" form provided by ACOA.
Ensure all required information and documentation accompany your application.

Submit Application

Submit the completed application form along with any necessary documents to the ACOA office.
Confirm submission via a call or email, if necessary, to ensure receipt.

Additional information

Repayment contributions provided through REGI are unsecured and interest-free, with schedules and conditions detailed in the funding agreement.
Extra support or flexible repayment options may be available for Indigenous youth, Indigenous women, or community-owned Indigenous businesses.
The Open Government Portal can be used to search for previously successful REGI funding applications using the keyword “REGI.”
ACOA Business Information Services offers advisory support for applicants unsure about how to start or develop their business idea.