Aerospace Regional Recovery Initiative (ARRI)

By mmuise
Description:

The Aerospace Regional Recovery Initiative (ARRI) will help the Canadian aerospace sector emerge from the pandemic with the capacity to compete on the global stage. The initiative will support small- and medium-sized enterprises (SMEs) in the following three objectives to:
1. green their operations and adopt environmentally sustainable practices;
2. improve productivity;
3. strengthen commercialization while furthering integration into regional and global supply chains.


Comments on Funding:

1. Contributions to SMEs are generally repayable or conditionally repayable.
2. Contributions to not-for-profits are generally non-repayable.
3. Certain costs may be eligible on a retroactive basis up to 12 months before the receipt of a project application, but no earlier than April 19, 2021.
4. Contributions for projects with Indigenous clients are up to 100% of eligible project costs.

Deadline: Program closed.
Eligibility:

Applicants must be:

  • small and medium-sized enterprises (SMEs) operating in the Canadian aerospace sector;
  • not-for-profit organizations providing services to the above-mentioned SMEs;
  • looking to:
    a) green their operations and adopt environmentally sustainable practices;
    b) improve productivity;
    c) strengthen commercialization while furthering integration into regional and global supply chains.
    Indigenous businesses and organizations are invited to apply.
Application Steps:

1. Applications can be completed and submitted electronically, or printed and sent to the nearest FedNor office. Applicants are encouraged to contact FedNor if they have any questions regarding the Application for Financial Assistance.

2. FedNor may contact applicants for additional details to complete the application.

3. The results of the Application review will be communicated to applicants electronically or in writing.

4. Upon initial review of the Phase One Application for Financial Assistance, applicants will be invited to submit a Phase Two Detailed Application, Annex and provide supporting documentation.

5. Successful applicants will be required to report to FedNor on project expenditures and activities, the results/outcomes of the project, and achievement of performance indicators as identified in contribution agreements.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

Nov. 2023:
FedNor has received a high number of applications for this funding program and demand significantly exceeds the amount of funding available. The program is now closed and further applications will no longer be considered.

Older:
1. With a total budget of $250 million over three years (until March 31, 2024), this initiative is being delivered by Canada's regional development agencies (RDAs). It complements support for the aerospace industry provided through Canada's COVID-19 Economic Response Plan and by Industry, Science and Economic Development (ISED) through the Strategic Innovation Fund.
2. FedDev Ontario is now accepting applications on an ongoing basis until funding is fully committed.

Date modified: 2021-07-13

About the author
mmuise