Business Development Program (BDP)
The Business Development Program (BDP) helps entrepreneurs launch, modernize and grow their business in Atlantic Canada.
Offered by Atlantic Canada Opportunities Agency (ACOA)
Amount
Interest-free, unsecured repayable funding of up to 50% of the capital needed to grow or launch a business; interest-free contribution covering up to 75% of the costs of business growth activities
Quick eligibility check
Who can apply
Through the BDP, the Atlantic Canada Opportunities Agency (ACOA) funds new ideas so you can get them off the ground. We also help existing companies get to the next level. If you have a non-profit organization that fuels business growth, you can also access support.
Q. Can I apply for funding if I don't live in Atlantic Canada?
A. Yes, as long as the funding is going to a project in Atlantic Canada that will help the region.
About the funding
Support for entrepreneurs
If you're looking to finance your next expansion or start a new business, we can help! Our repayable funding is interest-free and unsecured. You could get up to 50% of the capital you need to grow your business or launch a new one.
We also support business growth activities. You could get an interest-free contribution to cover up to 75% of the costs for:
- staff training
Show all funding details
- efficiency studies
- marketing/trade activities
- productivity improvements
- quality assurance
- environmental management systems
Support for non-profits
ACOA helps non-profit organizations support Atlantic Canadian small and medium-sized enterprises (SMEs). We fund projects so businesses can grow, become more competitive and increase their productivity.
Your organization could receive support to help SMEs with:
- business counselling and advice
- training and specialized services
- networking opportunities
- research and development
- technology transfer
Similar programs
| Program | Type | Amount | Status |
|---|---|---|---|
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| BDC Working capital loan | Loan | No fixed amount | Open |
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