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Government of Newfoundland and Labrador, NL Department of Industry, Energy and Technology
Money for business improvements in NL
Helps businesses get money to start, innovate, or grow their sales. Covers up to half the costs, up to $200,000 over two years.
Provides non-repayable contributions for projects aimed at business start, innovation, scaling, and sales improvement (local, national, or international). Covers up to 50% of eligible costs. Maximum funding is $200,000 over 24 months for most projects, and up to $750,000 over multiple years for Development and Commercialization projects.
Business Size: small, medium
Region: Newfoundland and Labrador
Other Criteria: Growth-focused, innovative firms (including sole proprietors, partnerships, or corporations), Co-operatives or non-profit organizations that demonstrate an ability to generate commercial revenue or are pursuing international trade or economic development opportunities, Demonstrate commercial viability (for firms), Ability to undertake the work identified in the project proposal, Ability to access the financial capital required to complete the project, Good standing with the Government of Newfoundland and Labrador, Sector organizations participating in Department-led projects or initiatives specifically representing businesses may be considered eligible applicants
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This program is available to small, medium businesses located in Newfoundland and Labrador.
This program offers funding up to $750,000 (minimum $100,000).
This program accepts applications on a rolling basis.
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