Grant Name: Jobs and Growth Fund

Status:

Active

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Deadline:

Ongoing

Description

The Jobs and Growth Fund (JGF) provides funding to businesses and organizations to help create jobs and position local economies for long-term growth. The fund, delivered by Canada’s regional development agencies (RDAs), provides $700 million nationally over three years, which includes up to $70 million dedicated to businesses created after January 2020 that meet eligibility criteria.

Eligibility

Eligible applicants

  • businesses, including co-operatives
  • non-profit organizations and community economic development partners

Indigenous applicants

  • Indigenous-led organizations and/or businesses are strongly encouraged to apply. Under the initiative, RDAs may contribute up to 100% of eligible project costs for projects with Indigenous clients.

Eligible activities

Activities that support the transition to a green economy, including those that:

  • support the development and adoption of clean technology
  • help communities and businesses plan and drive clean, sustainable economic growth
  • partner with organizations to catalyze the development of green regional clusters
  • work with organizations supporting businesses to transition to a green economy

Activities that foster an inclusive recovery, including those that:

  • support businesses owned or majority-led by under-represented groups, such as Indigenous peoples, members of racialized communities, women, youth, LGBTQ2, persons with disabilities, newcomers to Canada, and members of official language minority communities
  • increase the participation of under-represented groups in the economy by supporting not-for-profit organizations that provide funding, business services, training and access to resources to build a more inclusive and equitable workforce

Activities that preserve Canada’s competitiveness and future-proof SMEs through digital adoption, including those that:

  • support the development or adoption of digital and technological solutions (i.e., Industry 4.0 solutions) to increase and promote business productivity
  • invest in technologies that help scale businesses, enhance their capabilities and increase resilience

Activities that strengthen capacity in sectors critical to Canada’s recovery and growth, including those that:

  • support scale-up and market expansion activities that bolster traditional areas of strength
  • develop emerging areas of global competitive advantage
  • support supply chain adaptation and diversification opportunities to build Canadian capacity in critical sectors such as food production, medical supplies and biomanufacturing

Assistance available

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

How to Apply?

Before submitting an application, please make sure to consult the applicant guide.

Once you are ready, please fill out the Jobs and Growth Fund application form online, and then send us your form:

You can find out more about the Government of Canada’s complete suite of COVID-19 relief support.

Funding Amount

Based on individual applications

Contact Information

To find out if the Jobs and Growth Fund fits your needs, contact ACOA Business Information Services at 1-888-576-4444. The agents are well versed in existing funding options and can help you submit your project or find other available solutions.

Or reach out by email:

Nova Scotia, New Brunswick, Prince Edward Island, Newfoundland and Labrador, Outside Atlantic Canada

Hours of operation: Monday to Friday, 8 a.m. – 5 p.m. (Atlantic time)

Processing Fee

N/A

Location/Classification

Nova Scotia, Newfoundland and Labrador, New Brunswick, Prince Edward Island
Jobs

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