Regional Economic Growth through Innovation (REGI)

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:
1. Regional Innovation Ecosystems
2. Business Scale-up and Productivity

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

Amount

• This program will cover a maximum of 75% of eligible costs.

Eligibility - Business Scale Up

• This option funds businesses, including:
- sole proprietorships
- partnerships
- social enterprises
- incorporated companies
- corporations or co-operatives
- Indigenous-owned businesses
- all other types of enterprises

Eligibility - Regional Innovation Ecosystems

• This option funds non-profit organizations such as:
- post-secondary educational institutions
- accelerators and business incubators
- angel networks
- social enterprises
- a group of eligible recipients such as an industry association or consortium
- a municipality and all other municipal-type organizations
- community-owned Indigenous businesses

How to apply

• Contact your nearest ACOA office to discuss your project and then complete and submit the Application for financial assistance.