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ACOA Regional Artificial Intelligence Initiative (RAII) for Atlantic Canada

Atlantic Canada Opportunities Agency (ACOA)
Loan Range
Repayable contribution
Expressions of interest close November 20, 2026 at 11:59 p.m. ADT
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Difficulty
Hard
Payment
Reimbursement
Trend
New Program
First-Timers
—
Financing share
Varies
ACOA Regional Artificial Intelligence Initiative (RAII) for Atlantic Canada funding: Repayable contribution. ACOA's Atlantic-wide call for proposals under the federal Regional Artificial Intelligence Initiative funds high-impact AI projects by small and medium-sized businesses in New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador, through two streams: AI adoption, and commercialization and scale-up of Canadian-developed AI. Expressions of interest close November 20, 2026 at 11:59 p.m. ADT.
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Eligibility & Details

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Program Description

ACOA's Atlantic-wide call for proposals under the federal Regional Artificial Intelligence Initiative funds high-impact AI projects by small and medium-sized businesses in New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador, through two streams: AI adoption, and commercialization and scale-up of Canadian-developed AI. Funding is a repayable contribution and the request must be at least $1 million. Not-for-profit organizations cannot apply under this call. Expressions of interest close November 20, 2026; selected applicants are then invited to submit a full application.

Eligibility Requirements

  • Atlantic Canadian small and medium-sized businesses (SMEs) that meet the existing eligibility requirements of ACOA's Regional Economic Growth through Innovation (REGI) program
  • Open to both existing and new ACOA clients
  • Stream 1, AI adoption: adopting and integrating AI to improve productivity, competitiveness, growth and resilience
  • Stream 2, AI commercialization and scale-up: validating, commercializing, deploying and scaling Canadian-developed AI; AI start-ups may be eligible, and technologies are generally expected to be at technology readiness level 6 or higher
  • The funding requested must be at least $1 million and the project must show how AI will deliver measurable business outcomes
  • Funding is repayable, so the project must show potential for sustainable business growth and economic returns
  • AI must be central to the project's outcomes
  • Indigenous-led businesses are eligible and may qualify for enhanced levels of support
  • Not-for-profit organizations are not eligible applicants under this call
Provinces
Industries
AI Technology Manufacturing Agriculture Food Beverage Fisheries +6 more
Business Stage
Startup Growth Expansion Established

Quick Assessment

Difficulty
Hard
Competition
High
First-Timer
Not rated

Funding Details

Amount
Repayable contributionRepayable contribution. The funding requested from ACOA must be at least $1 million; ACOA publishes no maximum and says funding levels will vary with project scope, applicant circumstances, available funding and program requirements. Repayment provisions are discussed during the application and due diligence process.
Type
Loan
Level
Federal
Deadline
Expressions of interest close November 20, 2026 at 11:59 p.m. ADT

Program Scorecard

Competition, effort, and approval at a glance

Competition
High
Deadline
Nov 20, 2026
Approval
Varies
Accessibility
2/5

Difficult — significant preparation needed

Competition
4/5

High competition — many applicants

Difficulty
4/5

Complex — detailed documentation needed

Processing Time
Budget Trend
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How to qualify

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Insider Tip

Treat the expression of interest as the real competition: it is ranked, and only the top projects are invited to a full application.

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Rejection Pitfalls 8

  • Applicant is a not-for-profit organization
+7 more pitfalls
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Success Profile

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Evaluation Criteria

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What's in this Playbook

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Application Playbook

Step-by-step process, required documents, and expenses

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Application Steps

1 Check fit Confirm you are an Atlantic SME that meets REGI eligibility, that AI is central to the project and that the request is at least $1 million.

Required Documents 3

✓ Expression of interest, using the template downloaded from ACOA's online submission form, uploaded with any supporting documents
✓ If invited: a full funding application submitted through MyACOA

Eligible Expenses 6

Ineligible Expenses 5

Deadline Notes

Ineligible Organizations

Premium The full guide for this program also covers:
  • 4 more application steps
  • 1 more required document
  • 6 eligible expenses
  • 5 ineligible expenses
  • Deadline notes
  • Ineligible organizations

Funding Stack Strategy

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Clawback Risk

Not-applicable Risk

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How RAII Compares

Side-by-side with similar programs

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Frequently Asked Questions

Quick answers to the questions founders most often ask about RAII

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Is this ACOA AI funding a grant?
No. Under this call, funding is a repayable contribution, with repayment terms discussed during the application and due diligence process.
How much can I ask for?
At least $1 million. ACOA does not publish a maximum.
Can a non-profit apply?
Not under this call, which is for small and medium-sized businesses. ACOA suggests non-profits with AI projects talk to their program officer or the ACOA Contact Network about other funding.
Can a start-up apply?
Yes. AI start-ups may be eligible under the commercialization and scale-up stream if they are developing, commercializing or scaling Canadian AI products, generally at TRL 6 or higher.
What does not count as AI?
ACOA says robotics, automation, data analytics and rule-based systems are not AI on their own, though they can be part of a project where AI is central.
When is the deadline?
Expressions of interest close November 20, 2026 at 11:59 p.m. ADT. Selected applicants are then invited to a full application.

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