This program is designed to help your business thrive and grow. By applying, you can access interest-free repayable contributions for up to 50% of eligible costs. This means you can invest in your business without the burden of high-interest rates. For non-profit organizations, the contributions are non-repayable, covering up to 90% of eligible costs.

Key Benefits:

• Interest-free financing for up to 50% of eligible costs
• Non-repayable contributions for non-profits covering up to 90% of eligible costs
• Support for transitioning to a green economy, fostering inclusivity, and enhancing competitiveness

Approval for this program can help you future-proof your business, build resilience, and prepare for growth. The application process is straightforward, making it easy for you to qualify and benefit from this opportunity.

Type of Financing:

• Interest-free repayable contributions for up to 50% of eligible costs are available for businesses working on projects to transition to a green economy, foster an inclusive recovery, enhance competitiveness, and create jobs.

Repayment Terms:

• Eligible businesses can receive interest-free repayable contributions for up to 50% of eligible costs.
• Eligible not-for-profit organizations could receive non-repayable contributions for up to 90% of eligible costs.

Eligible Expenses:

• Eligible expenses include costs incurred for activities supporting the transition to a green economy, fostering an inclusive recovery, preserving Canada's competitiveness, and strengthening capacity in critical sectors.

Ineligible Expenses:

• Funds cannot be used for expenses unrelated to the approved project activities outlined in the application.

Fees:

• No fees are explicitly mentioned in the provided context for this program.

If your business is working on a project to transition to a green economy, foster an inclusive recovery, become more competitive, and create jobs for Canadians, you could get an interest-free, repayable contribution for up to 50% of the project’s costs.

Eligible activities include:

• Developing and adopting clean technology.
• Supporting businesses owned by under-represented groups.
• Adopting digital and technological solutions to boost productivity.
• Strengthening sectors critical to Canada's recovery and growth.

Key benefits:

• Interest-free funding: You don't have to worry about paying interest on the money you receive.
• Repayable contributions: You can get up to 50% of your project costs covered, making it easier to invest in your business’s future.
• Support for a wide range of activities: Whether it's going green, becoming more inclusive, or adopting new technologies, this program has you covered.

This program is a great opportunity to secure funding that can help your business grow and adapt to the future.

1. Review the Applicant Guide:

• Visit the provided link to the applicant guide and thoroughly review the information to understand the program requirements and application process.

2. Prepare Necessary Documentation:

• Gather the following documents:
  • Business plan
  • Financial statements (balance sheet, income statement)
  • Proof of business registration
  • Project proposal outlining the intended use of funds
  • Quotes or estimates for project costs
  • Any additional documents specified in the applicant guide

3. Complete the Application Form:

• Fill out the Jobs and Growth Fund application form online. Ensure all sections are completed accurately and thoroughly.

4. Submit the Application:

• Submit your completed application form through one of the following methods:
  • Online via the application for financial assistance page
  • By mail to the ACOA regional office in your province

5. Contact ACOA for Assistance:

• If you have any questions or need further assistance, contact ACOA Business Information Services at 1-888-576-4444 or via email to the appropriate regional office.

6. Await Application Review:

• After submission, your application will be reviewed by the ACOA. Be prepared to provide additional information if requested.

7. Approval and Funding:

• If approved, you will receive details about the funding, including the amount, terms, and conditions. Ensure you understand and agree to these terms before proceeding.

8. Implement the Project:

• Once funding is received, proceed with implementing your project as outlined in your proposal. Keep detailed records of all expenditures and project progress.

9. Reporting and Compliance:

• Follow any reporting requirements specified by the ACOA. Submit progress reports and financial statements as required to demonstrate the use of funds and project outcomes.