The Atlantic Canada Opportunities Agency, or ACOA, will be distributing $110 million of federal funding to small and medium-sized companies that do not qualify for other forms of emergency bailouts.
ACOA said in a press release Wednesday that the Regional Recovery and Relief Fund, or RRRF, is aimed at the manufacturing, technology and tourism sectors, among others.
The Atlantic funding is part of a larger $962 million spending package that is being dispensed by regional economic development agencies across the country.
In order to be eligible for help from the RRRF, businesses must first