The Naval Technology Innovation Challenges are an opportunity for small and medium-sized enterprises and start-ups to find innovative solutions for the Royal Canadian Navy through funding and resources provided by COVE, Thales Canada and ACOA.
All incorporated Small and Medium-sized Enterprises (SMEs) and Indigenous organizations in Atlantic Canada may apply. Post-secondary institutions and not-for-profit organizations may apply but must be partnered with an Atlantic SME.
SMEs have up to 500 employees and less than $50 million in revenue.
Any company incorporated in one of the four Atlantic provinces (Nova Scotia, Newfoundland, New Brunswick, Prince Edward Island).
Through these challenges, the partners are working to increase capabilities in the Atlantic region. The research and development and the project must take place in one of the four Atlantic Provinces.
Federally incorporated companies can participate in the challenge if registered to do business in the Atlantic region. The company must have significant operations, such as facilities and/or offices in the Atlantic region.
Financial statements are required to be submitted by the winner of the challenge. If it is preferable, ACOA (Atlantic Canadian Opportunities Agency) can accept them on behalf of the challenge providers for review.
The company will retain the IP, and a license will be provided to Thales Canada.
All submissions must be entered through the ‘Submit Application’ form.
The application deadline is April 14, 2024, at 5:00 pm (ADT).
Yes. If you provide an email address, your application will be saved with a unique link that will be emailed to you. You can use the link to complete your application at a different time.