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⚓ Atlantic Canada Provincial Innovation Support

Atlantic Canada Innovation Grants & Funding 2026

Access $650M+ in Atlantic Canada innovation funding through the Atlantic Innovation Fund, ACOA regional development programs, 15% Atlantic Canada Innovation Tax Credit (ACITC), and sector-specific support for ocean technology leadership, renewable energy excellence, and aerospace innovation across Canada's maritime innovation ecosystem.

Explore Atlantic ProgramsView All Provincial Support
$650M+
Annual Innovation Funding
15%
ACITC Tax Credit Rate
20+
Active Regional Programs
#1
Ocean Technology Hub

Major Atlantic Canada Innovation Programs

Atlantic Innovation Fund (AIF)
Up to $15M
Strategic Projects
Repayable

Federal program supporting innovation-driven companies and economic development organizations in Atlantic Canada with repayable contributions for R&D, commercialization, and business scale-up projects.

Project Focus:
  • • Research and development projects
  • • Technology commercialization
  • • Business expansion and scale-up
  • • Regional innovation partnerships
Program Features:
  • • Up to 30% of project costs (repayable)
  • • Multi-year project support
  • • Job creation focus
  • • Export market development
ACOA Business Development Programs
Up to $5M
Business Growth
Flexible Terms

Atlantic Canada Opportunities Agency (ACOA) providing comprehensive business development support including innovation funding, market expansion assistance, and regional economic development initiatives.

ACOA Programs:
  • • Business Development Program
  • • Innovation initiatives
  • • Trade and investment support
  • • Community economic development
Support Features:
  • • Repayable and non-repayable contributions
  • • Business advisory services
  • • Export market development
  • • Network and partnership connections
Ocean Technology & Maritime Innovation
Up to $3M
Ocean Tech
Sector-Specific

Sector-specific funding for ocean technology development including marine renewable energy, ocean observation, aquaculture technology, and maritime innovation through various federal and provincial programs.

Ocean Tech Areas:
  • • Marine renewable energy (tidal, wave)
  • • Ocean observation & monitoring
  • • Aquaculture technology
  • • Underwater robotics & sensors
Support Programs:
  • • Ocean Supercluster initiatives
  • • Marine renewables funding
  • • Fisheries innovation programs
  • • COVE (Centre for Ocean Ventures)
Provincial R&D Tax Credits (ACITC 15%)
15% Tax Credit
R&D Activities
Refundable

Atlantic provinces offer R&D tax credits including Nova Scotia's 15% ACITC (Atlantic Canada Innovation Tax Credit), New Brunswick's R&D tax credit, and Newfoundland's R&D tax credit, stackable with federal SR&ED.

Provincial Credits:
  • • Nova Scotia: 15% ACITC (refundable)
  • • New Brunswick: 15% R&D credit
  • • Newfoundland: 15% R&D credit
  • • PEI: Various innovation incentives
Combined Benefits:
  • • Stacks with federal SR&ED
  • • Up to 80% total support for SMEs
  • • Refundable for eligible corporations
  • • R&D wage and material support

Atlantic Canada Innovation Sector Excellence

$280M+ Funding
Ocean Technology Leadership

World-leading ocean technology cluster with expertise in marine renewable energy, ocean observation, aquaculture tech, and underwater systems.

Tidal & wave energy systems
Ocean observation & sensors
Aquaculture technology
Underwater robotics
$190M+ Funding
Renewable Energy Excellence

Strong renewable energy sector with wind power, tidal energy, and grid modernization expertise serving Atlantic and international markets.

Wind energy systems
Tidal power development
Grid integration & storage
Hydrogen projects
$180M+ Funding
Aerospace & Defence

Growing aerospace sector with strengths in MRO (maintenance, repair, overhaul), composites, and defence technology applications.

Aircraft MRO services
Composite manufacturing
Defence systems
UAV & drone technology
$120M+ Funding
Digital Technology & IT

Growing technology sector with software development, cybersecurity, gaming, and IT services supporting regional and global clients.

Software development
Cybersecurity solutions
Gaming & interactive media
Cloud & SaaS platforms
$90M+ Funding
Life Sciences & Health

Emerging life sciences sector with medical devices, digital health, and marine biotechnology innovation.

Medical device development
Digital health solutions
Marine biotechnology
Nutraceuticals from ocean
$70M+ Funding
AgriFood & Resources

Agricultural technology and natural resource innovation including fisheries tech, forestry innovation, and food processing.

Fisheries technology
Food processing innovation
Forestry tech & sustainable lumber
Agricultural automation

Atlantic Canada Regional Innovation Hubs

Nova Scotia - Halifax Ocean Supercluster

Ocean Tech Capital: Atlantic Canada's innovation leader with COVE, Ocean Supercluster, strong universities (Dalhousie, SMU), and vibrant startup ecosystem.

  • • Ocean technology & marine renewables
  • • Digital technology & software
  • • Life sciences & health innovation
  • • Aerospace & defence
New Brunswick - Saint John & Fredericton

Energy & IT Hub: Energy innovation focus with Irving, growing IT sector, and strong University of New Brunswick research commercialization.

  • • Energy innovation & small modular reactors
  • • Information technology & cybersecurity
  • • Forest products innovation
  • • Advanced manufacturing
Newfoundland & Labrador - St. John's

Offshore & Ocean Tech: Offshore oil & gas expertise transitioning to ocean technology, renewable energy, and Memorial University research strength.

  • • Offshore energy (oil, gas, wind)
  • • Ocean technology & robotics
  • • Aquaculture & fisheries tech
  • • Mining technology innovation
Prince Edward Island - Charlottetown

AgriTech & Aerospace: Agricultural technology focus, aerospace manufacturing, and growing IT sector with strong quality of life advantages.

  • • Agricultural technology & precision farming
  • • Aerospace manufacturing & composites
  • • Biosciences & food innovation
  • • IT services & remote work hubs

Atlantic Canada Funding Success Strategies

✅ Best Practices
Leverage ACOA Support: Comprehensive business development and innovation funding access
Apply for Atlantic Innovation Fund: Up to $15M for strategic innovation projects
Maximize Provincial Tax Credits: Stack ACITC (15%) with federal SR&ED for up to 80% support
Ocean Tech Focus: Leverage Atlantic Canada's unique ocean technology strengths
❌ Common Mistakes
Missing ACOA Programs: Not exploring full range of ACOA business development support
Ignoring Provincial Credits: Missing opportunities for ACITC and provincial R&D tax credits
No Sector Alignment: Not matching with Atlantic's ocean tech or renewable energy strengths
Weak Regional Connections: Failing to leverage local innovation networks and partnerships

Ready to Access Atlantic Canada Innovation Funding?

Get expert help navigating Atlantic Canada's innovation ecosystem and maximizing your ACOA, Atlantic Innovation Fund, and provincial tax credit funding. Our Atlantic specialists have secured $85M+ in regional innovation funding.

Get Expert HelpView All Provincial Programs

75% success rate • $85M+ secured • Ocean Tech, ACOA & Regional expertise

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Last updated: January 2025

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