Regional Economic Growth through Innovation
The Regional Economic Growth through Innovation (REGI) program creates the right conditions to start and grow businesses in Atlantic Canada. Through REGI, the Atlantic Canada Opportunities Agency (ACOA) is helping businesses and non-profit organizations develop a strong, dynamic and inclusive economy.
The REGI program offers two options for funding:
- Business Scale-up and Productivity
- Regional Innovation Ecosystems
Business Scale-up and Productivity
We help businesses speed up their growth so they can be more productive, compete on the world stage and reach new markets.
REGI can help you reach the next level! Our repayment contributions are unsecured and interest-free. Your agreement will explain all the details including the schedule and conditions for repayment.
You can use this funding to:
- scale up and expand
- make the most of new technologies
- improve productivity
- create new products and find new markets
Regional Innovation Ecosystems
ACOA funds non-profit organizations that support businesses at each stage of development. By doing this, we create strong and inclusive regional networks to fuel growth and innovation.
We also focus on making business support networks stronger for under-represented groups. These include women, Indigenous peoples and young entrepreneurs, among others.
We provide non-repayable contributions for organizations such as:
- strategic clusters and groups that help businesses build on regional strengths to scale up and bring new ideas to market
- business accelerators and incubators and others that support entrepreneurs, start-ups and innovative companies with high-growth potential
- other innovation-oriented organizations that help businesses be more productive, compete globally, attract new investments and recruit talent
How to apply
Contact us today!
Need help? If you have a business idea but don’t know where to start, ACOA Business Information Services can help. It's your one-stop information shop.
Or contact us by email:
Hours of operation: Monday to Friday, 8 a.m. - 5 p.m. (Atlantic time)
Business impact stories
A.F. Theriault produces diverse types of vessels designed and built in the predominantly francophone community of Meteghan River, Nova Scotia to serve Canada's unique, expansive coastline and our network of coastal marine communities.
In May 2022 Moncton-based Atlantic Ballet Atlantique Canada (ABAC) will celebrate its 20th anniversary. In just two short decades, the only professional ballet company in Atlantic Canada has toured original creations throughout Canada, the U.S. and Europe.
A new company’s first few years are challenging, with unexpected obstacles and setbacks around every corner. For Wabanaki Maple, a newly established New Brunswick business and ACOA client, having to navigate the COVID-19 pandemic along with other growing pains was the most unexpected challenge of all.
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