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Government of Newfoundland and Labrador, Department of Industry, Energy and Technology
Equity funding for business improvement in Newfoundland and Labrador
Helps businesses get equity funding to boost productivity and improve competitiveness. Supports efforts to expand into new markets.
Repayable term loans at an interest rate equal to the Bank of Canada rate + 0.5%, designed to complement conventional funding, increase capital base, and leverage private-sector investments.
Business Size: small, medium
Industries: Renewable Energy, Oil & Gas, Critical Minerals & Mining, Technology, Ocean Technology
Region: Newfoundland and Labrador
Revenue Range: Up to $10M
Other Criteria: fewer than 100 employees, businesses with export potential, require assistance to enter or expand in external markets, ability to undertake the work identified in the project proposal, ability to access the financial capital required to complete the project, in good standing with the Government of Newfoundland and Labrador
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This program is available to small, medium businesses in Renewable Energy, Oil & Gas, Critical Minerals & Mining industries located in Newfoundland and Labrador.
This program offers funding up to $100,000,000.
Check the official program website for current deadlines.
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