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Jobs and Growth Fund (JGF)

Amount:No Fixed Amount Type of Program:Grants & Loan Description:The Jobs and Growth Fund (JGF) provides funding to businesses and organizations to help create jobs and position local economies for long-term growth.Comments on Funding:Funding will take the form of: interest-free repayable contributions for up to 50% of eligible costs for eligible businesses;non-repayable contributions for up to…

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Research and Development Tax Credit

Amount:No Fixed Amount Type of Program:Tax Credit Description:The New Brunswick R&D tax credit is administered by the Canada Revenue Agency and is fully refundable at the rate of 15% on eligible expenditures incurred after December 31, 2002. It is available to corporations, corporations that are beneficiaries of a trust, and corporations that are members of…

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Space Technology Development Program (STDP)

Amount:No Fixed Amount Type of Program:Grants Description:The Space Technology Development Program (STDP) provides funding to for-profit and not-for-profit organizations established and operating in Canada for projects that:1. reduce technological unknowns of future space missions, and2stimulate industrial innovation and strengthen core capabilities in order to increase industrial readiness and competitiveness of Canadian space companies.Comments on Funding:Funding…

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Tourism Relief Fund

This program is currently closed. Amount:No Fixed Amount Type of Program:Grant & Loan Description:With a budget of $500 million over two years (ending March 31, 2023), including $50 million specifically dedicated to Indigenous tourism initiatives and $15 million for national initiatives, The Tourism Relief Fund supports tourism businesses and organizations to adapt their operations to…

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Community Futures

Amount:No Fixed Amount Type of Program:Loan & Loan Guarantee & Investment Description:The Community Futures program helps to create jobs in rural areas. This is done with the help of more than 40 Community Business Development Corporations (CBDCs) throughout Atlantic Canada.Comments on Funding:The financial help will take the form of loans, loan guarantees and equity financing. …