FedNor – Regional Air Transportation Initiative (RATI)

Description:

The Regional Air Transportation Initiative (RATI) aims to help regional air transportation ecosystems affected by the economic impacts of COVID-19. This support will enable the ecosystems to remain operational through these difficult times and continue to support the economic growth of our regions.

Comments on Funding:

Types of support:

  1. contributions to not-for-profit organizations are generally non-repayable;
  2. contributions to for-profit organizations and businesses are generally repayable or conditionally repayable, including a portion that could become non-repayable; and
  3. contributions to Indigenous clients could be non-repayable.No details about the funding amount found.Certain costs may be eligible retroactively to April 1, 2020.

Eligibility:

Applicants must be:

  • regional and local air carriers;
  • regional and local airports; and
  • businesses, cooperatives, business groups, not-for-profit organizations and public institutions that are part of the regional air transportation ecosystem.

Applications Steps:

Applications submitted by April 30, 2021 will be prioritized.

Other Things to Note:

No application deadline found. Being a federal-funded initiative, chances are high that it will end on March 31, 2022 as mentioned by FedDev Ontario.

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