ACOA Aerospace Regional Recovery Initiative — Indigenous Stream ### 📋 Eligible Entities - Indigenous-owned businesses (majority ownership by Indigenous peoples) - Indigenous-led organizations with commercial aerospace operations or aspirations - Corporations with Indigenous control or significant Indigenous ownership - Sole proprietors and partnerships where Indigenous partners hold majority stakes - Social enterprises with Indigenous governance and aerospace sector focus - Businesses must be located in Atlantic Canada (ACOA region: Nova Scotia, New Brunswick, Prince Edward Island, Newfoundland and Labrador) - Existing aerospace companies or those entering the sector are eligible ### 💰 Funding Details - Grant Type: Non-repayable contribution (grant, not a loan) - Funding Range: Typically up to 50% of eligible project costs - Matching Requirements: Recipient must contribute minimum 50% of total project costs (cash or in-kind) - Maximum per Project: Not specified in description; subject to program guidelines and case-by-case assessment - Repayability: Non-repayable; no loan repayment obligations - Funding Form: Direct contribution/grant; funds do not require repayment ### 🛠️ Approved Expenses - Environmental sustainability improvements (green technology, emissions reduction, sustainable processes) - Productivity enhancement initiatives (process optimization, automation, operational efficiency) - Commercialization activities (product development, market validation, business model refinement) - Supply chain integration (regional and global supply chain development and integration) - Technology adoption and modernization (equipment, software, digital transformation) - Skills development and training related to aerospace sector advancement - Research and development for aerospace products/services - Infrastructure upgrades supporting project objectives ### ⚠️ Conditions & Milestones - Indigenous Ownership Requirement: Must maintain Indigenous majority control throughout funding period - Sector Focus: Project must advance the aerospace sector or integrate into aerospace supply chains - Project Scope: Initiative must address one or more of: environmental friendliness, productivity, commercialization, or supply chain integration - **Matching