Newfoundland and LabradorBusiness Grants & Funding

Business Development Program

Up to 50% of capital needed for business launch or expansion; up to 75% of eligible costs for business growth activities (staff training, marketing, efficiency studies, etc.)

The Business Development Program provides interest-free repayable funding and non-repayable contributions to help entrepreneurs launch, modernize,...

Direct Equity Tax Credit Program

35% tax credit for investments in qualifying activities outside North East Avalon; 20% for activities within North East Avalon

A provincial tax credit program that provides individuals and corporations with an income tax credit when they invest as shareholders in eligible...

Canada Student Loan Forgiveness Program - Expansion to Health Care and Social Service Professionals

Up to $60,000 over 5 years for family physicians/dentists/pharmacists/psychologists; up to $30,000 for nurses/midwives/teachers/social workers/physiotherapists; up to $15,000 for early childhood educators/dental hygienists/personal support workers

A loan forgiveness program that cancels federal student loan debt for health care and social service professionals working in under-served rural or...

Atlantic Ecosystems Initiatives

This grant funds projects that improve the health and long-term sustainability of Atlantic Canada ecosystems through ecosystem-based approaches. It...

Canada Student Grant for Full-Time Students

Up to $4,200 per year or up to $525 per month of study

A grant providing up to $4,200 per year to full-time students in financial need to help cover education costs. Students are automatically assessed...

AgriStability Program

AgriStability is a federal-provincial cost-shared program that provides grant support to protect farmers and producers against large declines in...

Apartment Construction Loan Program

Low-cost loans ranging from $1,000,000 minimum up to 100% of the cost of the residential component

This loan program provides low-cost financing to build or convert rental apartment projects across Canada during the construction phase through to...

REGI Business Scale-up and Productivity

REGI provides repayable, interest-free contributions to help businesses in Atlantic Canada scale up, improve productivity, adopt new technologies,...

ACOA Application for Financial Assistance

ACOA provides grants to finance economic development projects in Atlantic Canada. The funding supports businesses and organizations seeking to grow,...

New Horizons for Seniors Program (NHSP) - Community-based Projects

Up to $25,000 per community-based project

A federal grant program that provides capital assistance to support community-based projects led by and for seniors. The program strengthens social...

Newfoundland and Labrador Interactive Digital Media Tax Credit

40% of qualifying expenditures (eligible salaries and 65% of eligible remuneration), limited to $40,000 per employee per year and $2 million per corporation per year

A refundable tax credit equal to 40% of qualifying expenditures for for-profit corporations producing interactive digital media projects in...

Active Transportation Fund

$400 million over five years (2021-2026); individual project amounts vary

A federal grant program providing $400 million over five years to fund active transportation infrastructure projects such as multi-use pathways,...

Funding for Social Development Partnerships Program – Children and Families – Financial Empowerment

Funding amount not specified in document

This grant funds projects that deliver financial empowerment services and supports to low-income adults. Grants support organizations in developing...

Fonds de prêts pour les femmes en entrepreneuriat

Up to $50,000

A national microcredit fund offering loans up to $50,000 to support women entrepreneurs in launching or growing their businesses. The program...

Special Assistance Grant Program

A non-repayable grant program that provides financial aid to support communities and organizations for emergencies related to health and life safety,...

Aquatic Invasive Species Prevention Fund

This federal grant funds projects that prevent the introduction and spread of aquatic invasive species across Canada. Funding supports prevention,...

AgriInsurance Program

AgriInsurance is a federal-provincial cost-shared production insurance program that protects farmers and producers against uncontrollable natural...

Canada Community-Building Fund (CCBF)

$2.5 billion annually distributed across Canada, indexed at 2% and delivered in $100 million increments. Allocations vary by province/territory based on per-capita calculations.

The Canada Community-Building Fund (CCBF) is a grant program that provides $2.5 billion annually to provinces and territories, which distribute funds...

Workforce Development Agreements (WDA)

Approximately $3 billion annually across LMDA and WDA combined; varies by province/territory

Federal funding provided to provinces and territories to support skills training, employment supports, career counselling, and job search assistance...

Green Technology Tax Credit (GTTC)

20% of the capital cost of eligible equipment (up to 40% refundable)

A tax credit for Canadian Controlled Private Corporations (CCPCs) that invest in equipment generating or conserving renewable energy, using waste...