Direct Equity Tax Credit
Newfoundland and Labrador
Government of Newfoundland and Labrador, Department of Finance
Funding Limits
$50,000 per eligible investor
Program Contact Details
TaxAdmin@gov.nl.ca
1-877-729-6376
What is this funding for?
Tax credit for Newfoundland and Labrador investors
Program Description
The Direct Equity Tax Credit Program (DETC) is designed to encourage private investment in new or expanding small businesses as a means of creating new jobs and diversifying the economy. An investment credit, in the form of a provincial income tax credit, is available to individuals and arm’s length corporations who invest as shareholders in eligible small business activities.
Need help with business funding?
Our expert consultants have got you covered!
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.
.svg)
.avif)
