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Business Investment Fund – Business Development Support Program

ByMaurice

Amount:$100,000 Type of Program:Grants Description:The Business Development Support Program assists Newfoundland and Labrador SMEs with opportunities to increase their productivity and improve their competitiveness. Funding is available for productivity improvements, knowledge development, market development and/or professional technical advice.Comments on Funding:Funding is in the form of a non-repayable contribution(s) to a maximum amount of $100,000 per…

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Business Investment Fund – Business Investment Program

ByMaurice

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 and require assistance to enter or expand in external markets.Funds are…

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Innovation and Business Development Fund (IBDF)

ByMaurice

Amount:No Fixed Amount Type of Program:Grants Description:The Innovation and Business Development Fund is focused on investments to grow and diversify Newfoundland and Labrador’s oil and gas supply and service capabilities. The fund provides funding to commercial and non-commercial applicants for business development, emerging technologies and industry diversification. The fund supports The Way Forward on Oil…

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Capital Acquisition Assistance

ByMaurice

Amount:$25,000 Type of Program:Grants Description:Capital Acquisition Assistance supports Prince Edward Island businesses investing in technology, equipment, and infrastructure needed to grow their business and increase capacity and competitiveness.Comments on Funding:The program provides up to 25 per cent of the eligible costs to a maximum of $25,000 assistance. When It Ends:Ongoing Deadline:Rolling deadlineEligibility:The applicant must: be…

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Enriched Investment Tax Credit

ByMaurice

Amount:No Fixed Amount Type of Program:Tax Credit Description:The Enriched Investment Tax Credit adds to the existing PEI Investment Tax Credit of 10%. It is applied to certain capital investments by manufacturing and processing companies. An enriched tax rebate for an additional 25% tax credit will be available for manufacturing and processing companies that invest in…