The Atlantic Canada Opportunities Agency (ACOA) Business Scale-up and Productivity program helps businesses with high growth potential (and non-profits supporting businesses) to adopt/adapt innovative technologies that support productivity, grow operations, and increase exports to global markets.
- Amount: Grant or repayable contribution (no-interest loan) of up to 50-75% of eligible project expenses to a maximum $20 million.
- Projects: Expanding the capacity of high-growth companies through the early adoption or adaptation of innovative technologies and processes, expanding management capacity, commercializing/producing new products or processes, and researching/developing export markets.
- Eligibility: Must operate in Atlantic Canada (New Brunswick, Newfoundland and Labrador, Nova Scotia, Prince Edward Island).
- Timeline: Open; continuous intake of applications until funding has been fully committed.
Posted: June 10, 2019.