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Enhancing Business Development: ACOA's Focus Areas for Innovation & Growth

This presentation to the Human Resources Association of New Brunswick's Fredericton Chapter in March 2007 outlines ACOA's business focus on key sectors such as manufacturing, IT, R&D, tourism, aquaculture, and specialized services. Key priorities include innovation, entrepreneurship, and business skills development, along with marketing and trade efforts. The two main programs highlighted are the Business Development Program and the Atlantic Innovation Fund, both offering repayable, interest-free contributions to support startups, expansions, and productivity improvements in various sectors.

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Enhancing Business Development: ACOA's Focus Areas for Innovation & Growth

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  1. Presentation to Human Resources Association of NB Fredericton ChapterMarch, 2007

  2. ACOA’s Business Focus • Manufacturing • IT ( product development) • R&D ( Commercializable) • Tourism ( mktg/activities) • Aquaculture • Specialized service to business

  3. Enterprise Development • Priorities: • Innovation • Entrepreneurship and Business Skills Development • Marketing and Trade - exporting • Tourism – such as marketing activities • 2 main programs : • 1. Business Development Program • 2. Atlantic Innovation Fund

  4. BDP • Repayable Interest-free contributions • Non secured • 50% startups, expansions • 75% marketing (inc HR) • 75% innovation/product dev. (inc HR) • 75% productivity and business skills (inc HR)

  5. Canada/New Brunswick Business Service Centre1-800-668-1010 • www.canadabusiness.gc.ca • e-business, exporting, financing, R&D, marketing, suppliers • federal and provincial government programs, services and regulations; • online tools: Interactive Business Planner, Small Business Workshop, Business Start-up Assistant;

  6. Partnerships • Work with Enterprise Fredericton • Southwest Community Business Dev. Corp. • BDC, Commercial Banks and Credit Unions • Other federal and provincial depts such as NRC- IRAP, BNB, Post Sec. Education Training Labour

  7. Contact info:1800-561-4030ACOA NB Southwest District Office452-3135Merci/Thank you!

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