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Research and Development

ByMaurice

Amount:

$750,000.00

Type of Program:

Grants

Description:

The Department of Industry, Energy and Technology offers programs to support research and development projects for both commercial and non-commercial applicants. For commercial applicants, the Department of Industry, Energy and Technology supports projects that reduce the technical and financial risk of research and development projects where R&D is required to realize the commercial potential of innovative products, processes or services. For non-commercial applicants, the Department of Industry, Energy and Technology provides support through non-repayable contributions to academic and research institutions for the development and implementation of research and innovation projects for the long-term economic benefit of Newfoundland and Labrador.  

Comments on Funding:

For commercial applicants, the maximum contribution to a project is normally 50% of the total eligible costs.
For non-commercial applicants, the program provides normally up to 50 percent of total eligible costs of a specific project, with a maximum investment of $750,000.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

Applicants must:

  • be commercial,
  • be non-commercial (academic and research institutions),
  • propose projects that are technical in nature and lead to an incremental advance of an innovative product, process or service, if they are commercial applicants,
  • propose projects that must demonstrate industry relevance and have significant potential for economic impact in Newfoundland and Labrador, if they are non-commercial applicants. 

Application Steps:

1

Applicants must submit the completed application form.

Documentation Needed:

No specific documentation has been identified.

Program Contact:

Research and Development

Related posts:

Newfoundland & Labrador Small Business: Complete Guide for Entrepreneurs
Newfoundland Small Business Start Up Grants (2023): Current List of Programs
Major Industries in Newfoundland and Labrador: Overview of 6 Growth Industries
Aboriginal Business Financing Program (ABFP)

Maurice (Moe) Muise learned the ins-and-outs of government while an employee of the Government of Canada in Ottawa for 10 years. His current focus is helping small businesses in Atlantic Canada to identify and maximize government grants to grow their business. Click here to learn more about Moe’s background and how he can help your business.

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