Atlantic Canada Opportunities Agency
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Business Development Program

Developing and Commercializing Your Innovative Ideas

ACOA's Innovation programs: What's new?
  • a streamlined application approach
  • targeted activities that help get products and services to the market
  • more focus on improving competitiveness through technology and skills development

Are you a business looking to:

  • pursue projects involving product development and commercialization?
  • get help with the activities that will help get your products and services into the marketplace faster, including initial production costs, marketing, human resources, equity financing planning and regulatory approvals?
  • acquire the skills, technology and market knowledge you need to bring products to market, meet customer needs and become more competitive?

ACOA's Business Development Program can help.

The BDP can provide interest-free repayable assistance of up to 75 per cent of the eligible costs of developing new or improved products and services, and bringing them to market.

Will my idea qualify for assistance?

Your idea should meet a few key criteria, including:

  • a good potential for commercial success;
  • technology, product or service must be new or significantly improved;
  • product or service to be commercialized must not already be widely available in the marketplace.

How much assistance is available?

The BDP can provide up to 75 per cent of the eligible project costs, up to a maximum funding amount of $500,000.

How to apply

Contact your nearest ACOA office to discuss your project and then complete and submit the Application for Financial Assistance form.

Let’s talk

To find out more about ACOA’s innovation programming, as well as other eligible activities associated with the establishment, expansion or modernization of your business, contact the ACOA office nearest you.