Atlantic Canada Opportunities Agency
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Business Development Program

Improving Your Competitiveness

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How can the Atlantic Canada Opportunities Agency (ACOA) help?

To stay competitive in the global marketplace, your products have to meet global standards for quality, employees need to be well trained, and marketing strategies have to be well thought out. However, it can be difficult to generate or borrow sufficient money for these purposes. That is why ACOA provides financing in the form of interest-free, unsecured, repayable contributions or provisionally repayable contributions.

What costs are eligible?

Marketing: ACOA can finance up to 75 per cent of the costs of developing a marketing plan and of hiring a marketing manager to implement the plan. Other eligible activities include designing new labels and packaging, promotional materials, advertising, product demonstrations, participation at trade shows and export-related activities.

Training: ACOA can finance up to 75 per cent of the cost of developing and implementing a human resources plan for your firm. Eligible costs include hiring human resource experts to deliver a training package based on the needs identified in the plan.

Productivity / Quality Improvement / Environmental Management Systems: ACOA can finance up to 75 per cent of the cost of hiring consultants to develop and implement a productivity plan, a quality improvement plan or an environmental management system.

Consultant advice: ACOA can finance up to 75 per cent of the cost of hiring a qualified consultant to prepare a business plan or feasibility study, investigate licensing opportunities, conduct a venture capital search, a technology transfer search, or provide mentoring services to improve your business skills.

Selling to Government: ACOA can help you identify contract opportunities as well as provide provisionally repayable financial assistance for up to 75 per cent of the costs associated with improving your ability to bid on and/or acquire public or private-sector procurement contracts or sub-contracts.

Contact the ACOA office nearest you.

  • New Brunswick: 1-800-561-4030
  • Prince Edward Island: 1-800-871-2596
  • Newfoundland and Labrador: 1-800-668-1010
  • Nova Scotia: 1-800-565-1228

ACOA is committed to protecting the environment of this region by promoting sustainable businesses and communities in Atlantic Canada.

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