Growth-focused, innovative firms (sole proprietors, partnerships, or corporations) operating within Newfoundland and Labrador that demonstrate commercial viability
Services
Newfoundland and Labrador Business Growth Program
Non-repayable contributions normally up to 50% of eligible costs, to a maximum of $200,000 over 24 months ($100,000 per year) per project per company, for businesses to start, innovate, scale, and improve sales locally, nationally, or internationally. Development and Commercialization projects may be considered to a higher maximum, normally up to $750,000 over multiple years.
Overview
Non-repayable contributions normally up to 50% of eligible costs, to a maximum of $200,000 over 24 months ($100,000 per year) per project per company, for businesses to start, innovate, scale, and improve sales locally, nationally, or internationally. Development and Commercialization projects may be considered to a higher maximum, normally up to $750,000 over multiple years.
Key numbers
| Item | Value |
|---|---|
| Instrument | grant (non-repayable contribution) |
| Level | provincial |
| Region | Newfoundland and Labrador |
| Administrator | Department of Jobs, Growth and Rural Development |
| Cost share | 50% |
| Max per project | $750,000 |
| Max per year | $100,000 |
| Intake status | Ongoing (continuous intake) |
| Non-US bias | Supports growth and internationalization; no explicit US exclusion |
Eligibility
Co-operatives or non-profit organizations operating within NL that generate commercial revenue or pursue international trade or economic development opportunities
Sector organizations participating in Department-led projects may be considered eligible applicants
Applicants must demonstrate ability to undertake the project, access the required capital, and good standing with the Government of NL
What it covers
Growth and Internationalization
market research, market readiness, market development, marketing plans, product/service demonstrations, trade missions, pitch opportunities, pursuit of international joint ventures
Development and Commercialization
R&D to overcome technical challenges, develop new or improved products/services/processes, or build collaborative R&D partnerships
Knowledge and Technical Assistance
fundamental business skills and external technical/advisory expertise
Productivity Improvement and Innovation
technology investments, process innovation, digitalization, patent searches and certification registration
Market and diversification rules
Standard projects
up to $200,000 over 24 months ($100,000 per year)
Development and Commercialization
normally up to $750,000 over multiple years at varying amounts per year
How to apply
Use the application form for Commercial Programs (Productivity Improvement and Innovation, Knowledge and Technical Assistance, and Growth and Internationalization) or the Development and Commercialization application
Read the applicable Applicant Guide before applying
Email economicdevelopment@gov.nl.ca for program details or assistance
Contact a regional office (Labrador, Western, Central, Eastern, Avalon) as needed
Notes
Non-repayable contributions up to 50% of eligible costs
Referenced by the Internationalization Unit as export financing for international market development
Relevant services
The services below are grant-eligible: CanExport and EDC reimburse up to 50% for incorporated Canadian exporters.
Book a free readiness call
Grant programs can reimburse up to 50% of eligible market-entry costs. In one free call we tell you honestly whether your product fits a non-US market.
Book a free readiness call