ACOA Business Development Program (BDP)Up to 50% of the capital required, as interest-free unsecured repayable funding. ACOA publishes no fixed maximum.
The Business Development Program helps Atlantic Canadian businesses start, modernise and grow.
- average funding secured per client
- $334,132
- approval rate
- 94%
About this program
The Business Development Program helps Atlantic Canadian businesses start, modernise and grow. ACOA describes the support as repayable funding that is interest-free and unsecured, so it is not a grant: the money is paid back, without interest or security. There is no published intake window; applications are made to ACOA directly.
Who is eligible
Businesses based in Atlantic Canada launching, modernizing or growing. Support is repayable but interest-free and unsecured, which makes it materially different from a commercial loan and from a grant. Amounts are set project by project.
Verified against the official source
A person checked this program against the administering body's own page on that date. Programs change between checks, so confirm eligibility, amounts and deadlines before you apply. How dates like this are earned: our verification methodology.
Official program page