Atlantic Innovation Fund

The Atlantic Innovation Fund (AIF) helps researchers and innovative businesses team up to develop new products and services and put them on the market.

A student in a red lifejacket and grey hat tests subsea instrumentation in the ocean.

Centre for Ocean Ventures and Entrepreneurship (COVE), Dartmouth, N.S

New products and services are key to a strong economy. They can lead to market success, help key sectors grow, and build research and commercial partnerships.

Through the AIF, the Atlantic Canada Opportunities Agency (ACOA) supports businesses, co-operatives, colleges, universities, and research institutions so they can:

We also help Atlantic Canadians seize opportunities, overcome challenges, stay competitive, and grow new and traditional sectors.

To qualify for AIF funding, a project must be large-scale and must include an R&D element with a strong possibility for commercialization. Refer to ACOA's R&D project plan for help.

Who can apply

Recipients eligible for AIF funding include:

How to apply

If you’re ready to apply, follow these easy steps:

Contact us today!

We’re here to help! ACOA Business Information Services can give you all the details you need on this and other programs. Please call us at 1-888-576-4444.

Or contact us by email:

Hours of operation: Monday to Friday, 8 am to 5 pm (Atlantic time)

Grants and Contributions Awarded

You can find past recipients of this program on the Open Government Portal site. Enter ”AIF” or “Atlantic Innovation Fund” in the search field for a list of past contributions.

Business impact stories

It was the turn of the millennium, and Mark Kennedy and Chad House of Celtx were itching to introduce a disruptive technology that would reshape an industry. It didn't take long to find a home for their energy and expertise.

The Big Five sports leagues know a winner when they see one – and they all see one in Kinduct Technologies, the human performance data and analytics software company.

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