Business Development Program

Atlantic Canada Opportunities Agency

Program purpose (as reported by the department)

To improve the growth and competitiveness of Atlantic SME; to provide for dynamic and sustainable communities in Atlantic Canada; and to provide for policies and programs that strengthen the Atlantic economy.

Agreements with businesses
48
Median agreement
$100,000
Range
$0 – $700,000
Recipients
43
Last 12 months
10
Total value
$7,542,250

What the numbers say

  • Half of the agreements with businesses are worth $100,000 or less.
  • The largest recipient, Stellar Properties Inc., holds $1,300,000 (17% of the program's business funding in this data).
  • The most recent agreement in the data started on 2026-05-28.

By fiscal year

2021-22$99,7501
2022-23$01
2023-24$1,270,0007
2024-25$3,862,50025
2025-26$1,600,00011
2026-27$710,0003

By recipient province

NL$6,542,25046
PE$500,0001
NB$500,0001

Largest recipients

RecipientAgreementsValueLatest start
Stellar Properties Inc.2$1,300,0002024-04-12
Kays Wholesale Inc.1$500,0002024-07-10
Atlantic Star Uniforms Inc.1$500,0002025-09-19
Deer Lake Motel Limited1$380,0002024-03-01
Ingster Enterprises Inc.1$350,0002026-05-19
Sturge Properties Inc.1$300,0002023-09-28
Marble Resort Development Ltd.1$300,0002026-05-28
Exploits Extreme Ziplines Limited1$250,0002024-11-12
81633 Newfoundland & Labrador Limited1$250,0002024-12-03
City Hotels Limited1$250,0002025-08-19
House's Limited1$250,0002025-02-11
Wrecking Harbour Hospitalities Inc.1$242,5002024-09-18
Carter Holdings Incorporated1$225,0002025-10-10
Admirals Inn Inc.1$207,5002023-07-17
Anthony Developments Ltd.2$200,0002024-01-10

Recent agreements

StartRecipientProjectProvinceValue
2026-05-28Marble Resort Development Ltd.228784NL$300,000
2026-05-19Ingster Enterprises Inc.228732NL$350,000
2026-04-28Marble Zip Tours Inc.228774NL$60,000
2026-01-1995267 Newfoundland & Labrador Inc.228359NL$100,000
2026-01-01BAFC Properties Ltd.228265NL$102,500
2025-12-13Saltbox Cafe Inc.228013NL$35,000
2025-12-12BAFC Properties Ltd.228265NL$80,000
2025-12-01Ledonis Ltd.227880NL$100,000
2025-11-27Anchor Inn Motel (1999) Limited228131NL$60,000
2025-11-24The Candlelight Inn Ltd.228003NL$40,000
2025-10-10Carter Holdings Incorporated227953NL$225,000
2025-09-19Atlantic Star Uniforms Inc.227904NB$500,000
2025-08-19City Hotels Limited227763NL$250,000
2025-07-07Fishers' Loft Inn Incorporated227303NL$107,500
2025-03-15Relative Endeavours Incorporated226826NL$50,000
2025-03-07Spirity Pond Ltd.227206NL$50,000
2025-02-17Sugar Hill Inn Inc.226857NL$100,000
2025-02-11House's Limited227132NL$250,000
2025-02-03Hotel Port Aux Basques Limited227061NL$70,000
2025-02-03Artisan Inn Twine Loft Ltd.227102NL$125,000
2025-01-14Ocean Investments Limited226860NL$175,000
2025-01-08NL eBikes Ltd.225844NL$0
2025-01-08NL eBikes Ltd.225844NL$35,000
2024-12-20DIVE Ventures Newfoundland Inc.226902NL$100,000
2024-12-0381633 Newfoundland & Labrador Limited226456NL$250,000

Method & sources

Source: Government of Canada "Proactive Disclosure – Grants and Contributions" (Open Government Licence – Canada). We include agreements with for-profit recipients that started on or after April 1, 2021, and keep the latest amendment of each agreement, so values are the current agreement value, not money paid out. Departments report on their own schedule, so the most recent quarter is incomplete. Recipients are linked to company pages by exact name match. This is not an endorsement or an eligibility determination — check each program's official page.

Dataset on open.canada.ca · Search the official grants records