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…
There’s no question Newfoundland & Labrador is one of the most unique cultures in the world. And it features all the rugged, natural beauty of the Atlantic Ocean and Eastern Canada, to boot! NL is also known as an area undergoing economic changes, making it an exciting time to start a business here. Business opportunities…
