Updated June 2026 · Verified against Atlantic Canada Opportunities Agency (ACOA) guidelines
Milestone-Based Est. 2018
Grant Federal Active

REGI — Regional Innovation Ecosystems (ACOA)

Atlantic Canada Opportunities Agency (ACOA)
Maximum Funding
Cost-share varies by project of...
Ongoing
Visit Official Program →
Difficulty
Hard
Payment
Milestone-Based
Trend
Stable
First-Timers
Co-Funding
75%
REGI — Regional Innovation Ecosystems (ACOA) provides up to Cost-share varies by project of eligible project costs (non-repayable). Non-repayable ACOA contribution covering with cost-share that varies by project of eligible costs for Atlantic Canadian not-for-profit organizations that build regional innovation ecosystem capacity. The program covers up to 75% of eligible costs. Applications are accepted on an ongoing basis. (As of June 2026, verified against Atlantic Canada Opportunities Agency (ACOA) program guidelines)
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Eligibility & Details

What this program funds and who can apply

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Program Description

Non-repayable ACOA contribution covering with cost-share that varies by project of eligible costs for Atlantic Canadian not-for-profit organizations that build regional innovation ecosystem capacity. Eligible organizations include strategic industry clusters, business accelerators, incubators, and innovation-oriented networks. The program places particular emphasis on initiatives that increase the participation of underrepresented entrepreneurs, including women, Indigenous peoples, and young entrepreneurs.

Eligibility Requirements

  • Not-for-profit organization headquartered in Atlantic Canada (New Brunswick, Nova Scotia, Prince Edward Island, or Newfoundland and Labrador)
  • Organization must deliver ecosystem-building activities: strategic clustering, business acceleration/incubation, or innovation ecosystem development
  • Project must strengthen the regional innovation ecosystem and support the growth of Atlantic Canadian businesses
  • For-profit companies, Indigenous communities applying for business-scale initiatives, and government departments are generally ineligible under the RIE stream (see REGI Business Scale-up & Productivity stream instead)
  • Enhanced consideration for organizations serving women, Indigenous peoples, and young entrepreneurs
  • Funding rate and stacking limits vary by project and applicant type; confirm current terms with the ACOA regional office.
Provinces
Industries
All
Business Stage
Startup Growth Expansion

Quick Assessment

Difficulty
Hard
Competition
Moderate
Est. Hours
40h
First-Timer
Not rated

Funding Details

Amount
Cost-share varies by project of eligible project costs (non-repayable)
Type
Grant
Level
Federal
Co-Funding
Up to 75% of eligible costs
Deadline
Ongoing

Program Scorecard

Competition, effort, and approval at a glance

Hybrid
Competition
Moderate
Effort
~40 hours
Approval
Varies
Accessibility
--/5
Competition
--/5
Approval Rate
--%
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What's in this Playbook

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Not a marketing summary. The actual checklist, intel, and stack strategy reviewers look for.

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How to Win

Insider tips, common pitfalls, and what successful applicants look like

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Insider Tip

The REGI RIE stream is explicitly designed for ecosystem enablers — not the individual businesses they support. Your application must demonstrate how your organization builds the broader Atlantic innovation ecosystem, not how it grows your own operations. Lead with measurable ecosystem outputs: number of startups supported, companies scaled, mentorship hours delivered, jobs created or retained. Pre-consult with your regional ACOA office before applying — officers can confirm your project fits the RIE (not BSP) stream and flag any gaps before formal submission.

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Rejection Pitfalls 7

  • Applicant is a for-profit company (not eligible under the RIE stream)
  • Project primarily benefits the applicant's own operations rather than the broader ecosystem
  • Weak or unquantified performance measurement framework
+4 more pitfalls
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Success Profile

An established Atlantic Canadian not-for-profit — a recognized accelerator, incubator, or industry cluster organization — with a track record of delivering business-support programming, strong governance, and a clear project that measurably expands regional innovation capacity. Organizations with multi-year programming plans and demonstrated ecosystem impact are most competitive.

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Evaluation Criteria

ACOA evaluates RIE applications on: (1) alignment with REGI program priorities (ecosystem capacity, underrepresented entrepreneurs, regional competitiveness); (2) organizational capacity and governance; (3) project quality, feasibility, and defined outcomes; (4) value for money and leveraging of other resources; (5) sustainability and legacy beyond the funding period. No formal scoring rubric is published — each application is assessed by a project officer in consultation with the ACOA regional office.

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Application Playbook

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

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Application Steps

1 Pre-application consultation with ACOA Contact your nearest ACOA regional office (1-800-561-7862) to discuss your project concept. Officers confirm whether the project fits the RIE stream (vs. BSP), review organizational eligibility, and advise on timing.
2 Prepare project proposal and budget Draft a detailed project proposal covering: objectives, planned activities, timeline, ecosystem impact (with measurable targets), and a comprehensive budget identifying all costs and funding sources. Secure letters of support from key partners.
3 Submit formal application Submit the completed application package to ACOA through the Business Application Suite (BAS) portal or directly to your ACOA project officer. Include all required documents: legal incorporation, financial statements, project proposal, budget, and letters of support.
4 ACOA project review and due diligence ACOA conducts eligibility review and merit assessment. May request additional information or clarification. Organizations with strong pre-consultation relationships typically move through this stage faster.
5 Contribution agreement negotiation and signing If approved, ACOA issues a conditional approval and negotiates contribution agreement terms including milestones, eligible expenses, reporting requirements, and disbursement schedule.
6 Project execution and milestone reporting Implement the project per the agreement. Submit progress reports and claim reimbursements or milestone advances per the schedule. ACOA project officer monitors progress throughout.

Required Documents 8

Detailed project proposal with objectives, activities, timeline, and expected outcomes
Organization's legal incorporation documents (articles of incorporation, letters patent)
Financial statements for the past two fiscal years
Comprehensive project budget identifying all eligible costs and other funding sources
Letters of support from ecosystem partners and stakeholders
Description of governance structure and organizational capacity
Performance measurement framework with indicators and targets
Description of how the project addresses underrepresented entrepreneur groups (if applicable)

Eligible Expenses 8

  • Salaries, wages, and benefits for project staff directly engaged in funded activities
  • Contracted services from arm's-length third-party providers
  • Travel and accommodation costs related to project activities
  • Capital assets required to deliver the project (subject to ACOA approval)
  • Marketing and communications costs for ecosystem programming
  • Event and programming delivery costs (workshops, pitch competitions, mentorship sessions)
  • Technology and software tools directly supporting program delivery
  • Non-rebatable HST

Ineligible Expenses 7

  • Costs incurred before ACOA approval of the contribution agreement
  • Core operational overhead not directly attributable to the funded project
  • Fundraising or political activities
  • For-profit business expansion activities
  • Land acquisition or construction of buildings
  • Repayable debt financing costs
  • Activities that duplicate services already funded in the region

Intake Periods

Continuous intake — no formal intake windows. Applications accepted year-round. Contact ACOA to confirm budget availability before applying.

Deadline Notes

Continuous intake under ACOA's REGI program. No set intake windows — applications reviewed on a rolling basis. Contact your nearest ACOA office to discuss eligibility and timing before submitting. Budget is demand-driven and may be limited in a given fiscal year.

Open Application Portal →

Ineligible Organizations

  • For-profit companies (must use REGI Business Scale-up & Productivity stream)
  • Federal government departments and agencies
  • Individuals
  • Organizations without legal NPO status in Canada
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Funding Stack Strategy

Compatible programs, clawback risk, and combined funding potential

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Compatible Programs

ACOA Business Development Program (BDP) Provincial innovation programs (e.g., Innovate NS, Innovation PEI, NRC) NRC Industrial Research Assistance Program (IRAP)
Combined Funding Potential See your total funding potential

Clawback Risk

Medium Risk

Standard federal contribution agreement clawback provisions apply. Risk triggers: project not completed as approved, eligible expenses not supported by documentation, misuse of funds, project cancellation, or failure to meet reporting obligations. ACOA may require repayment of advances for unspent amounts or unverified claims.

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Stacking amounts, clawback details, government stacking limits, and tax implications
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How ACOA Compares

Side-by-side with similar programs

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Program Amount Difficulty Payment Deadline
REGI — Regional Innovation Ecosystems... Cost-share varies by project of... Hard Milestone-Based Ongoing
Industrial Research Assistance Progra... Up to $1M Moderate Reimbursement Ongoing
Ocean Supercluster Up to $5 million Hard Reimbursement Call-specific — no open...
Atlantic Canada Opportunities Agency ... Varies Moderate Reimbursement Ongoing
Business Development Program (BDP) - ... Varies (Repayable Contribution) Moderate Reimbursement Ongoing

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Frequently Asked Questions

Quick answers to the questions founders most often ask about ACOA

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Can a for-profit startup accelerator apply?
No — the RIE stream requires not-for-profit legal status. For-profit businesses seeking scale-up funding should instead apply to ACOA's REGI Business Scale-up & Productivity stream.
What's a realistic grant size for a regional accelerator?
$100,000–$500,000 for most programming-focused projects; larger multi-year cluster initiatives with broad regional reach may receive $1M or more.
How long does the application process take?
Typically 8–16 weeks from formal submission to contribution agreement. Pre-consulting with your ACOA regional office before applying reduces this timeline significantly.
Do we need matching funding?
Yes — ACOA covers up to 75% of eligible costs. The remaining 25% must come from other sources such as provincial programs, private donations, membership revenues, or in-kind contributions.
Why do RIE applications get rejected?
Most rejections stem from: project primarily benefiting the applicant's own operations rather than the ecosystem, weak performance measurement, insufficient matching funds, or applying as a for-profit organization.

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