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ACOA Regional Economic Growth through Innovation (REGI)
ACOA · Federal
In plain language
REGI funds productivity, scale-up, and cluster growth projects — usually $500K+. Awards are almost always repayable. Suited for established firms with a clear commercialization or scale-up plan. Low accessibility for first-timers; budget for a professional grant writer.
Realistic range
$100,000 – $2,000,000
Avg award
$500,000
Max advertised
$5,000,000
Cost share
50%
Accessibility
2 / 5
Effort
1 / 5
Deadline
Continuous intake
Repayable?
Yes
Who qualifies
Entity types
Incorporated, Coop
Sectors
Manufacturing, Technology, Fisheries, Agriculture, Energy
Regions
NL Wide
Demographics prioritized
None specifically
What you'll have to report
Innovation milestones, employment targets, commercialization reporting.
Stacks well with
Stacks with SR&ED and NL R&D Tax Credit but cost-share caps apply.
People like you who got it
Recent NL recipients disclosed under this program.
| Recipient | City | Year | Awarded |
|---|---|---|---|
| Torngat Marine | Gander | 2024-2025 | $890,000 |
| Paradise Robotics | Paradise | 2024-2025 | $1,150,000 |
| Signal Hill Software | St. John's | 2024-2025 | $475,000 |
| Cupids Aquatech | Cupids | 2024-2025 | $680,000 |
| Marystown Offshore | Marystown | 2024-2025 | $1,350,000 |
| Labrador Precision | Happy Valley-Goose Bay | 2024-2025 | $650,000 |
| Avalon Ocean Data | St. John's | 2023-2024 | $980,000 |
| GDCS | Gander | 2023-2024 | $820,000 |
| Avondale Wind | Avondale | 2023-2024 | $920,000 |
| Placentia Biotech | Placentia | 2023-2024 | $1,100,000 |
| CIS | Clarenville | 2022-2023 | $640,000 |
| Carbonear Medical | Carbonear | 2022-2023 | $580,000 |
| DLES | Deer Lake | 2022-2023 | $540,000 |
| Carbonear Biopharma | Carbonear | 2022-2023 | $680,000 |
| Gander Aerospace | Gander | 2022-2023 | $720,000 |