Business Growth Program
Newfoundland and Labrador
Government of Newfoundland and Labrador, NL Department of Industry, Energy and Technology
Funding Limits
Up to 50% of eligible costs
Program Contact Details
IET@gov.nl.ca
709-896-2400
Industry
All industry sectors
What is this funding for?
Money for business improvements in NL
Program Description
The Business Growth Program provides non-repayable contributions for projects or initiatives to assist businesses start, innovate, scale and improve sales locally, nationally or internationally. The Business Growth Program normally provides non-repayable contributions up to 50 per cent of eligible costs to a maximum of $200,000 over 24 months ($100,000 per year) per project, per company. Development and Commercialization projects, however, may be considered to a higher maximum normally up to $750,000 over multiple years at varying amounts per year.
Need help with business funding?
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Grant Fund Pro has always been about making funding accessible for businesses, no matter the size. If you're looking to save time in applications or just checking what programs are available for you, our team is here to help.
The information you provide in this form is kept private and is processed only to determine your eligibility for current funding opportunities and to connect you with the most suitable programs for your business.
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