GrantTrail

Atlantic Canada Opportunities Agency · Contribution program

Atlantic Innovation Fund (AIF) - II

Total value
$704M
Agreements
292
Jul 2006 to Mar 2020
Median agreement
$2.4M
Typical range
$1.8M–$3M
the middle half of agreements

Federal grants and contributions, agreements starting Jan 2006 to Oct 2026, each counted once at its latest amended value. Source: Treasury Board proactive disclosure, published October 11, 2026.

See every record for this program on the government’s search. How to apply: look up the program on Atlantic Canada Opportunities Agency’s website.

Who got it

Organizations with the most funding under this program.

RecipientAgreementsTotal
Memorial University of Newfoundland28$64.6M
University of New Brunswick25$55.3M
Springboard Atlantic Inc.5$44.3M
University of Prince Edward Island - Atlantic Veterinary College9$20.8M
Dalhousie University8$16.4M
Institut atlantique de recherche sur le cancer inc. / Atlantic Cancer Research I5$15.1M
Capital District Health Authority6$14M
University of Prince Edward Island7$13.1M
Forest Protection Limited2$12.9M
Université de Moncton4$10.4M
Michelin North America (Canada) Inc.1$10M
Cold Ocean Salmon Inc.1$9.4M
Nova Scotia Agricultural College4$9M
Genome Atlantic3$8.9M
BioVectra Inc.3$8.9M
MDS Coating Technologies Corporation3$8.3M
PAL Aerospace Ltd.2$8M
Cooke Aquaculture Inc.3$7.5M
Nova Scotia Health Authority3$7.4M
Izaak Walton Killam Health Centre3$7M
St. Francis Xavier University3$6.6M
Soricimed Biopharma Inc.2$6.3M
Novartis Animal Health Canada Inc.3$6.2M
Institut de recherche sur les zones côtières, Inc. (UdeM Shippagan)2$6M
Ocean Nutrition Canada Limited2$6M
Mariner Partners Inc.2$6M
The Huntsman Marine Science Centre2$6M
ImmunoVaccine Technologies Inc.2$5.9M
Acadia University2$5.8M
C-Core2$5.7M
Blue Drop Inc.2$5.5M
Fugro Canada Corp.3$5.5M
Centre for Cold Ocean Resources Engineering2$5.2M
ABK BioMedical Incorporated2$5.1M
C-Vision Limited2$5.1M
Fonemed North America Inc.2$4.9M
Oceanic Consulting Corporation2$4.6M
Verafin Inc.2$4.4M
Compusult Limited2$4.4M
HSM Systems, Inc.2$4.3M
Chemaphor Inc.2$4.1M
PanGeo Subsea Inc.2$3.8M
Composites Atlantic Limited2$3.7M
Seaforth Energy Inc.2$3.6M
Atlantech Engineering & Associates Incorporated2$3.2M
Canadian Health Solutions Inc.1$3M
Somru BioScience Inc.1$3M
Metamaterial Technologies Inc.1$3M
Master Merchant Systems Software Limited1$3M
IPL Inc.1$3M

Plus 9 agreements ($20.6M) to individuals, sole proprietors and recipients this site does not name. They count in every total above. Why

By year

Agreements by the year they started.

YearAgreementsTotal
200624$62.7M
200723$55.6M
200834$84.3M
200930$64M
201034$61.1M
201129$63.8M
201219$45.4M
201319$40.8M
201412$41.2M
201515$31.8M
201612$27.1M
201718$52.9M
201814$42.2M
20196$12.2M
20203$19.2M

By province

Province or territoryAgreementsTotal
Nova Scotia82$218M
New Brunswick74$180M
Newfoundland and Labrador77$173M
Prince Edward Island51$110M
Ontario7$11.7M
Outside Canada or not stated1$10M

By type of recipient

As the department classified the recipient.

Recipient typeAgreementsTotal
Not stated by the department291$703M
For-profit organizations1$942K

Industries funded

Where the department recorded an industry code (NAICS). Most agreements have none.

Latest agreements

StartRecipientValue
Mar 2020Canadian Health Solutions Inc.$3,000,000
Feb 2020University of New Brunswick$6,686,010
Feb 2020Springboard Atlantic Inc.$9,559,152
Jul 2019Fugro Canada Corp.$942,444
Jul 2019Fugro Canada Corp.$1,575,000
Jul 2019Fugro Canada Corp.$2,984,305
Jun 2019Quorum Information Systems Inc.$1,542,245
Apr 2019Tronosjet Maintenance Inc.$2,446,813
Mar 2019C-Core$2,697,577
Dec 2018Master Merchant Systems Software Limited$3,000,000
Oct 2018Worklinks Inc.$1,570,136
Oct 2018PAL Aerospace Ltd.$3,000,000
Oct 2018PAL Aerospace Ltd.$5,000,000
Aug 2018Memorial University of Newfoundland$3,000,000
Aug 2018Blue Oceans Satellite Systems Inc.$1,423,852
May 2018University of New Brunswick$5,000,000
May 2018Somru BioScience Inc.$3,000,000
Apr 2018MDS Coating Technologies Corporation$3,000,000
Feb 2018Cooke Aquaculture Inc.$2,601,542
Feb 2018ABK BioMedical Incorporated$2,999,699
Feb 2018University of New Brunswick$2,599,222
Feb 2018Mariner Partners Inc.$2,999,905
Oct 2017eDNAtec Inc.$2,997,276
Sep 2017University of New Brunswick$2,998,054
Jul 2017Spring Loaded Technology Incorporated$2,457,262