ACOA — Industrial and Technological Benefits Policy ### 📋 Eligible Entities - Businesses located in Atlantic Canada (Nova Scotia, New Brunswick, Prince Edward Island, Newfoundland and Labrador) - Private sector companies of all sizes - Manufacturers and suppliers in aerospace, marine, and land-based industries - Companies bidding on or partnering with federal government procurement contracts - Small, medium, and large enterprises (SMEs and larger corporations) - Primary contractors and subcontractors in eligible sectors ### 💰 Funding Details - Grant Structure: Non-repayable funding support (not a loan) - Amount: Varies based on project scope and value proposition; typically tied to contract value and industrial benefits commitments - Matching Requirements: Often requires company cost-sharing or co-investment depending on project scale - Repayability: Non-repayable grant (no loan component) - Budget Allocation: Funding is performance-based and contingent on meeting Industrial and Technological Benefits (ITB) commitments ### 🛠️ Approved Expenses - Development and enhancement of Key Industrial Capabilities (KICs) - Research and development activities aligned with aerospace, marine, or land vehicle sectors - Technology adoption and modernization - Equipment and tooling investments to support federal contracts - Training and workforce development in advanced manufacturing - Supply chain development and capability building - Export marketing and business development in target sectors - Innovation initiatives demonstrating technological advancement - Compliance with federal procurement standards and certifications ### ⚠️ Conditions & Milestones - Procurement Connection: Company must be bidding on or actively engaged with a major federal government aerospace, marine, or land vehicle contract - ITB Commitments: Must demonstrate credible Industrial and Technological Benefits aligned with federal objectives - KIC Assessment: ACOA experts evaluate and validate your Key Industrial Capabilities before approval - Performance Metrics: Must meet agreed-upon milestones and deliverables throughout project execution - Reporting Requirements: Regular progress reporting on ITB commitments and spending - Geographic Requirement: Project activities must primarily benefit Atlantic Canada region - Timeline: Funding tied to contract duration and phased delivery sched