Jobs and Growth Fund

In Atlantic Canada, the Atlantic Canada Opportunities Agency (ACOA) is investing $70 million to help job creators and the organizations that support them to future-proof their businesses, build resiliency and prepare for growth by transitioning to a green economy, fostering an inclusive recovery, enhancing competitiveness, and creating jobs in every corner of the country.

Eligible applicants

• businesses, including co-operatives
• non-profit organizations and community economic development partners

Indigenous applicants

• Indigenous-led organizations and/or businesses are strongly encouraged to apply. Under the initiative, RDAs may contribute up to 100% of eligible project costs for projects with Indigenous clients.

Eligible activities

Activities that support the transition to a green economy, including those that:

• support the development and adoption of clean technology
• help communities and businesses plan and drive clean, sustainable economic growth
• partner with organizations to catalyze the development of green regional clusters
• work with organizations supporting businesses to transition to a green economy

 Activities that foster an inclusive recovery, including those that:

• support businesses owned or majority-led by under-represented groups, such as Indigenous peoples, members of racialized communities, women, youth, LGBTQ2, persons with disabilities, newcomers to Canada, and members of official language minority communities
• increase the participation of under-represented groups in the economy by supporting not-for-profit organizations that provide funding, business services, training and access to resources to build a more inclusive and equitable workforce

Activities that preserve Canada’s competitiveness and future-proof SMEs through digital adoption, including those that:

• support the development or adoption of digital and technological solutions (i.e., Industry 4.0 solutions) to increase and promote business productivity
• invest in technologies that help scale businesses, enhance their capabilities and increase resilience

Activities that strengthen capacity in sectors critical to Canada’s recovery and growth, including those that:

• support scale-up and market expansion activities that bolster traditional areas of strength
• develop emerging areas of global competitive advantage
• support supply chain adaptation and diversification opportunities to build Canadian capacity in critical sectors such as food production, medical supplies and biomanufacturing

Assistance available

• eligible businesses could receive interest-free repayable contributions for up to 50 percent of eligible costs
• eligible not-for-profit organizations could receive non-repayable contributions for up to 90 percent of eligible costs

Applications will be accepted on a continuous intake basis until such time as the funding is fully allocated.

Please review the applicant guide for more information.

Submitting an application

Before submitting an application, please make sure to consult the applicant guide.

Once you are ready, please fill out the Jobs and Growth Fund application form online, and then send us your form:

• through the application for financial assistance page; or
• by mail to the ACOA regional office in your province.

You can find out more about the Government of Canada’s complete suite of COVID-19 relief support.