The Atlantic Canada Opportunities Agency's (ACOA) Business Development Program (BDP) aims at supporting Atlantic Canadian small and medium enterprises (SMEs) or those who wish to establish in Atlantic Canada.
Unsecured, interest-free, provisionally repayable contributions up to a maximum of $500 000 can help cover up to 75% of the eligible costs of developing new or improved products, services and processes.
Commercial enterprises only are eligible applicants under this element of BDP, including Aboriginal businesses and social enterprises.
Eligible sectors include, but are not limited to, manufacturing and processing, service to business, tourism and information technology.
Ineligible sectors include retail/wholesale, real estate, government services, and services of a personal or social nature.
Atlantic Canada
Eligible costs may include:
Your idea should meet the following tests:
To find out more about ACOA's innovation assistance, as well as other eligible activities associated with the establishment, expansion or modernization of your business, contact your local ACOA office or visit their Web site.
New Brunswick Contact(s):
Atlantic Canada Opportunities Agency
570 Queen Street
P.O. Box 578
Fredericton, New Brunswick
E3B 5A6
Telephone: 506-452-3184
Fax: 506-452-3285
Toll-free (information): 1-800-561-4030
Web site:
http://www.acoa-apeca.gc.ca/e/