REGI - Indigenous Business Development (IBD)

Atlantic Canada Opportunities Agency

Program purpose (as reported by the department)

To invest in and support businesses at various stages of development, including high-growth firms to accelerate their growth and assist them in scaling up, enhance their productivity and competitiveness in both domestic and global markets.

Agreements with businesses
13
Median agreement
$100,000
Range
$50,000 – $1,173,094
Recipients
9
Last 12 months
2
Total value
$3,443,592

What the numbers say

  • Half of the agreements with businesses are worth $100,000 or less.
  • The largest recipient, McGraw Seafoods (2008) Inc., holds $2,260,594 (66% of the program's business funding in this data).
  • The most recent agreement in the data started on 2026-05-07.

By fiscal year

2023-24$447,9732
2024-25$336,9004
2025-26$2,458,7195
2026-27$200,0002

By recipient province

NB$2,501,7656
NL$491,8272
NS$250,0003
PE$200,0002

Largest recipients

RecipientAgreementsValueLatest start
McGraw Seafoods (2008) Inc.3$2,260,5942025-05-21
NGC Nunatsiavut Construction Inc.1$391,8272023-10-25
L'nu Energy Inc.2$200,0002026-04-28
Sigenigtog Oyster Inc.2$141,7712025-08-21
Pollen Nation Farm Ltd.1$100,0002025-10-10
Glooscap First Nation Economic Development Corporation Limited1$100,0002026-05-07
3292609 Nova Scotia Limited1$100,0002025-08-19
Cage Warriors Manufacturing Inc.1$99,4002025-03-06
WMA LP Management Corporation Ltd.1$50,0002024-11-01

Recent agreements

StartRecipientProjectProvinceValue
2026-05-07Glooscap First Nation Economic Development Corporation Limited228618NS$100,000
2026-04-28L'nu Energy Inc.227626PE$100,000
2025-10-10Pollen Nation Farm Ltd.227699NL$100,000
2025-08-21Sigenigtog Oyster Inc.227476NB$85,625
2025-08-193292609 Nova Scotia Limited227440NS$100,000
2025-05-21McGraw Seafoods (2008) Inc.227203NB$1,000,000
2025-04-01McGraw Seafoods (2008) Inc.227203NB$1,173,094
2025-03-06Cage Warriors Manufacturing Inc.227109NB$99,400
2024-11-01WMA LP Management Corporation Ltd.226492NS$50,000
2024-07-16McGraw Seafoods (2008) Inc.226352NB$87,500
2024-06-21L'nu Energy Inc.226294PE$100,000
2024-01-11Sigenigtog Oyster Inc.225533NB$56,146
2023-10-25NGC Nunatsiavut Construction Inc.222189NL$391,827

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