Wage Subsidies Available to Newfoundland and Labrador Businesses

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…

Rebates Available to Newfoundland & Labrador Businesses

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…

Loans Available to Newfoundland and Labrador Businesses

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…

Newfoundland Small Business Start Up Grants (2023): Current List of Programs

If you’re looking for a complete list of current Newfoundland start up business grants, you’re in the right place!On this page you’ll find an up-to-date list of startup grants for businesses in Newfoundland and Labrador. Start Up Business Grants in Newfoundland – Current Programs Not only Newfoundland business grants, you’ll also find below loans, tax…