JobsNL Wage Subsidy Maurice Amount: No Fixed Amount Type of Program: Subsidy Description: The JobsNL Wage Subsidy program supports employers to create sustainable long-term employment or seasonal / short term employment. The subsidy is intended to offset salary costs to create new positions. There are two subsidy options: 1JobsNL- 42 that provides a wage subsidy…
Economic Diversification and Growth Enterprises (EDGE) Maurice Amount: No Fixed Amount Type of Program: Rebate Description: The Economic Diversification and Growth Enterprises (EDGE) Program provides incentives to encourage significant new business investment in the province to help diversify the economy and stimulate new private sector job creation, particularly in rural areas. Comments on Funding: The…
Business Investment Fund – Business Investment Program Maurice Amount: $1,000,000.00 Type of Program: Loan & Investment Description: The Business Investment Program provides term loans and equity investments to Newfoundland and Labrador SMEs in strategic growth sectors as identified by Industry, Energy and Technology (IET). The fund is also available to businesses which have export potential…
Business Rebate Program Maurice Amount: $250,000.00 Type of Program: Rebate Description: The Business Rebate Program provides financial support to help businesses offset the costs of energy efficient products at their facility. Comments on Funding: The funding is in the form of a rebate of 25% of eligible project costs. There is a lifetime cap…
