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ACOA Business Scale-up and Productivity (BSP)

ACOA · Federal

In plain language

ACOA's scale-up instrument — the Atlantic regional delivery of REGI-BSP. Conditionally repayable contributions up to $20M for incorporated SMEs adopting technology, expanding capacity, or diversifying markets. Headline max is a fantasy for most applicants; real awards cluster $150K–$1M. Rolling intake, no deadline, but expect 4–6 months from application to decision. Repayment terms are set at signing — if your project hits agreed productivity or job milestones you may get partial forgiveness, but treat this as a low-interest loan, not a grant. Best fit for incorporated NL companies with 2+ years operating history, real revenue, and a productivity or export-driven growth plan.

Realistic range

$150,000 – $3,000,000

Avg award

$500,000

Max advertised

$20,000,000

Cost share

50%

Accessibility

3 / 5

Effort

4 / 5

Deadline

Continuous intake

Repayable?

Yes

Who qualifies

Entity types

Incorporated, Coop, Indigenous Band

Sectors

Technology, Manufacturing, Ocean Tech, Life Sciences, Energy, Agriculture, Fisheries

Regions

NL Wide

Demographics prioritized

None specifically

What you'll have to report

Quarterly or milestone-based claims against eligible costs; audited financial statements annually; jobs created/maintained tracking; project outcomes at end of term.