This program is your chance to boost your aerospace business and recover from the pandemic. By applying, you can focus on greening your operations, improving productivity, and enhancing your commercialization efforts. Not only will these initiatives help your business become more competitive, but they also align with a growing demand for sustainable practices in your industry.

The funding provided can cover up to 100% of eligible project costs, particularly for projects focused on Indigenous practices. This means you can pursue necessary upgrades and transformations without the heavy financial burden. Plus, there's no set limit on the funding amount, giving you the flexibility to invest in what matters most for your growth.

By being part of this program, you're not just ensuring the survival of your business; you're also contributing to a sustainable future. The process to qualify is straightforward, making this an accessible opportunity for your enterprise. Don't miss out on the chance to elevate your business while making a positive impact!

Type of Financing

This program offers grants. Grants are funds that you do not need to repay, which means any money you receive can be used to enhance your business without the burden of debt.

Repayment Terms and Fees

There are no repayment terms or interest rates associated with this grant. This funding is designed to boost your business without the worry of borrowing. Additionally, there are no hidden fees linked to the application or funding process, keeping it straightforward for you.

Eligible Expenses

You can use the grant for a variety of eligible expenses, such as:

• Adopting environmentally sustainable practices
• Improving productivity with advanced manufacturing
• Integrating new technologies into your supply chain

However, the funds cannot be used for general operating expenses or any activities that do not directly support the goals of the initiative. This keeps the focus on innovation and growth.

• Location: Business must be located in Quebec.
• Sector: Business must be in the aerospace sector, or be a not-for-profit organization supporting aerospace SMEs.
• Business Ownership: Indigenous-owned businesses are encouraged, but all groups can qualify.
• Employee Count: No minimum or maximum number of employees required.
• Company Revenue: No minimum or maximum revenue qualifications.
• Legal Structure: All legal structures are applicable.
• Profit Structure: All profit structures are applicable.

Disqualifications:

• No specific disqualifications mentioned.

This program is designed to assist Canadian aerospace small and medium-sized enterprises (SMEs) in recovering from the pandemic. By participating, your business can focus on greening operations, improving productivity, and enhancing commercialization efforts. This support will help you become more competitive in the global market.

You can receive funding that can cover up to 100% of eligible project costs, especially for Indigenous-focused projects. This means you can invest in actions like adopting environmentally friendly practices and integrating advanced manufacturing technologies without worrying about the financial burden.

What’s more, there’s no set limit on the funding amount, giving your business the flexibility to pursue various initiatives. This is an excellent opportunity to strengthen your operations and align with the growing demand for sustainable practices in your industry. In short, it’s a chance to grow while making a positive impact.