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Government of Newfoundland and Labrador, NL Department of Industry, Energy and Technology
Funding to transition to a green economy
Non-repayable funding to de-risk commercial and non-commercial activities that facilitate Newfoundland and Labrador's transition to a green economy. Supports include greening commercial operations in traditional sectors, developing new green opportunities, R&D (TRL 3-9), supply chain improvement, market development, and education/awareness. Funding covers incremental technology, capital, and specialized labour costs. Non-commercial projects can receive up to 50% of eligible costs; commercial projects up to 40%. Indigenous and Rural projects have no minimum funding size.
Business Size: small, medium, large
Industries: green economy, traditional sectors
Region: Newfoundland and Labrador
Demographics: Indigenous Governments/Organizations, rural proponents
Other Criteria: registered incorporated businesses (for commercial applicants), industry associations (for non-commercial applicants), business development organizations (for non-commercial applicants), post-secondary institutions (for non-commercial applicants), other support organizations focusing on green economy projects (for non-commercial applicants), large businesses eligible for higher risk research and development projects on a case-by-case basis
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This program is available to small, medium, large businesses in green economy, traditional sectors industries located in Newfoundland and Labrador.
This program offers funding up to $3,000,000 (minimum $75,000).
The application deadline is March 1, 2025.
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“Saved me several hours of research” — New Business Owner, Vancouver