Innovation and Business Development Fund

Newfoundland and Labrador

Government of Newfoundland and Labrador, Department of Natural Resources and Energy Development

Funding Amount

N/A

Funding Limits

50% of eligible costs

Program Contact Details

Email information unavailable

1-709-729-3017

Industry

Mining, oil and gas, utilities

What is this funding for?

Financing for oil and gas projects in NL

Program Description

The IBDF is a key mechanism to facilitate the necessary collaboration, investment, and industry growth required to position Newfoundland and Labrador globally as a preferred location for energy development.

Steps to Apply

1. Review eligibility criteria 2. Contact the Department of Industry, Energy and Technology to discuss the project 3. Prepare a detailed proposal and complete the application form 4. Gather supporting documents, including financial statements, resumes of key personnel, letters of support, financial projections, cost estimates, permits, licenses, contracts, and design work 5. Submit the application and all supporting documents to the appropriate regional office

More Program Information

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