2018-19 Departmental Plan
Details on transfer payment programs of $5 million or more

Atlantic Innovation Fund - Voted

Start date: May 10, 2001

End date: Ongoing

Type of transfer payment: Contribution

Type of appropriation: Appropriated annually through Estimates

Fiscal year for terms and conditions: 2009-10

Link to department’s Program Inventory: Research and Development, and Commercialization; Innovation Ecosystem

Description: The Atlantic Innovation Fund (AIF) makes strategic investments in research and development (R&D) initiatives in the area of natural and applied sciences, as well as in social sciences, humanities, and arts and culture. Projects are expected to result in the successful adaptation or development as well as commercialization of technology-based products, processes or services.

Contributions to non-profit organizations are non-repayable. Contributions to for-profit businesses to fund R&D projects that involve the commercialization of a product, process, technology or service are repayable, either conditionally or unconditionally.

Expected results:

Fiscal year of the last completed evaluation: 2014-15

Decision following the results of the last evaluation: Continuation

Fiscal year of planned completion of the next evaluation: Evaluation of Innovation and Commercialization Sub-program 2019-20

General targeted recipient groups:

Initiatives to engage applicants and recipients:

It is part of the AIF process to engage potential applicants via information sessions outlining the AIF program requirements and addressing frequently asked questions. ACOA engages proponents and recipients on a regular basis, either one-on-one or via industry associations. The communication strategy also includes the use of social media to inform and engage applicants and recipients.

(dollars)

2017-18 Forecast spending 2018-19 Planned spending 2019-20 Planned spending 2020-21 Planned spending
Total grants 425,100 2,166,400 2,000,000 2,000,000
Total contributions 179,711,400 160,310,731 124,690,731 124,614,731
Total other types of transfer payments 0 0 0 0
Total 180,136,500 162,477,131 126,690,731 126,614,731

Community Futures Program – Voted

Start date: May 18, 1995

End date: Ongoing

Type of transfer payment: Contribution

Type of appropriation: Appropriated annually through Estimates

Fiscal year for terms and conditions: 2009-10

Link to department’s Program Inventory: Inclusive Communities

Description: The program’s purpose is to help communities develop and implement local solutions to local problems. It provides non-repayable contributions to community futures organizations (CFOs), also known in Atlantic Canada as Community Business Development Corporations (CBDCs), and their associations. Community-based governance is at the heart of the Community Futures Program. The CBDCs are legally incorporated, non-profit, autonomous organizations managed by local volunteer board members who make decisions that shape these organizations, affect the lives of entrepreneurs and impact their communities. They provide financial and technical support to SMEs and social enterprises in rural areas. More information on services provided through the CBDCs can be found on ACOA’s website.

Expected results: The ultimate outcomes under the program are:

Fiscal year of the last completed evaluation: 2014-15

Decision following the results of the last evaluation: Continuation

Fiscal year of planned completion of the next evaluation:

General targeted recipient groups:

Initiatives to engage applicants and recipients: The Agency will continue to engage with and align its support to the CBDC network as part of the Community Futures of Tomorrow model under a collaborative joint oversight committee. This will maximize all resources available, including the funds provided by the Community Futures Program. With a view to maintaining the long-term viability of the program, the committee acts as a governance body by ensuring that the model’s objectives are being managed collaboratively among individual CBDCs, the Atlantic Association of CBDCs, and ACOA. The Agency will continue to collaborate with the CBDC network and individual organizations to enhance their program delivery capacity and governance practices, where required, and support the network in providing training to community development officers and board members to successfully achieve results.

ACOA will continue to work with the other regional development agencies and the CBDCs to strengthen the integrity, the consistency and the collection of performance results, and will continue to implement the program’s performance measurement strategy. In collaboration with other federal departments responsible for the management of the program, ACOA will present performance results for 2017-18, and will continue to engage the CBDCs in refining the collection and use of performance information needed by all stakeholders.

(dollars)

2017-18 Forecast spending 2018-19 Planned spending 2019-20 Planned spending 2020-21 Planned spending
Total grants 0 0 0 0
Total contributions 38,308,500 37,157,762 37,177,762 37,177,762
Total other types of transfer payments 0 0 0 0
Total 38,308,500 37,157,762 37,177,762 37,177,762
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