Atlantic Innovation Fund (AIF) Research and Development Funding
Receive up to $500k to $3M in Government Funding.
The Atlantic Innovation Fund (AIF) is a Canadian government funding program dedicated to supporting the research of innovative technologies. The program enables both private-sector research and collaborations with academia and research institutions. Projects should focus on commercially-viable technology development or adaptation and can vary in duration from several months to a maximum of five years.
Funding Amount
Business-led projects may receive funding for up to 75% of expenses, while non-profit applicants may receive up to 80% of expenses. Applicants seeking innovation funding between $500,000 andĀ $3 million can be considered under the AIF.
Eligible Applicants
Businesses, research institutions, and academic institutions operating in Atlantic Canada (Nova Scotia,Ā New Brunswick, Newfoundland and Labrador, and Prince Edward Island).
Eligible Activities
Eligible costs could include wages, salaries, capital costs, and other operating expenses directly related to theĀ project.
Deadline to Apply
The AIF has an open intake, meaning that businesses and research institutions may submit applications year-round.