Atlantic Canada Business Grants

Industrial Sector

Junior Exploration Assistance Program

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Amount:

$225,000.00

Type of Program:

Grants

Description:

The Junior Exploration Assistance (JEA) Program aims to grow the mineral inventory of the Province through the discovery of new mineral districts, occurrences, prospects, and deposits. The JEA Program also aims to advance mineral discoveries through the stages of defining National Instrument (NI) 43-101 compliant mineral resources, and to enhance Newfoundland and Labrador’s competitiveness as a world class mineral exploration destination.  

Comments on Funding:

  1. 1
    For Grassroots Activities:
  • for companies not in receipt of direct and/or indirect mineral revenue: the Program will provide 75% of eligible grassroots expenditures up to a maximum of $150,000 per project on the island of Newfoundland and up to $225,000 per project in Labrador,
  • for companies in receipt of mineral revenue: the Program will provide 50% of eligible grassroots expenditures up to a maximum of $150,000 per project on the island of Newfoundland and up to $225,000 per project in Labrador.
  1. 2
     For Non-Grassroots Activities:
  • for companies not in receipt of direct and/or indirect mineral revenue: the Program will provide 50% of eligible expenditures up to a maximum of $150,000 per project on the island of Newfoundland and up to $225,000 per project in Labrador,
  • for companies in receipt of direct or indirect mineral revenue: the Program provides 40% of eligible expenditures up to a maximum of $150,000 per project on the island of Newfoundland and up to $225,000 per project in Labrador.

When It Ends:

Ongoing

Deadline:

Next deadlines to be determined

Eligibility:

Applicants must: 

  • be companies primarily engaged in mineral exploration,
  • be registered with the Provincial Registry of Companies,
  • be “In Good Standing” with the Provincial Registry of Companies,
  • have a Supplier Number from the Department of Finance, Financial Systems Control Division,
  • hold the mineral rights to the lands on which the exploration is to be conducted, or have a registered agreement with the holder of the mineral rights on file with the Mineral Lands Division of the Department of Industry, Energy and Technology prior to commencing work (Mineral rights are not necessary if the work is being completed on Crown Lands open for staking, excluding Exempt Mineral Lands and/or other prohibited areas),
  • have received Exploration Approval from the Mineral Lands Division before the start of exploration activities. 

Application Steps:

1

Applicants must email the Letter of Intent to mineralincentive@gov.nl.ca.

Documentation Needed: 

Applicants must submit the letter of Intent.

Other Things to Note:

Check the website for updates.

Program Contact:

Junior Exploration Assistance Program

JEA 2022 Program Guidelines

JEA 2022 Letter of Intent Guide

JEA 2022 Letter of Intent

Manufacturing and Processing Assistance

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Amount:

No Fixed Amount

Type of Program:

Loan

Description:

The Manufacturing and Processing Assistance provides financial support to manufacturing and processing businesses in Prince Edward Island to buy land and buildings, specialized equipment, and in some cases, production inventory.

The assistance can take the form of:

  • capital loans for the purchase and/or refurbishment of capital assets and in some cases, for debt restructuring,
  • intermediate term loans for improvements to certain business assets, except for vehicles that do not directly contribute to the business’s income or sales,
  • operating loans for purchasing inventory and for the day-to-day operating costs of the business.

Comments on Funding:

Maximum financing generally does not exceed 80% of the purchase price or fair market value of the assets, whichever is less.
Funding for inventory purchases and account receivables is up to 100% and is based primarily on purchase orders and signed contracts/ agreements (operating loans).

Capital Loans have up to 20 years terms and flexible repayment options and must be secured by first charge on real property or the asset being financed and in some cases alternate security may be considered.
There is an application fee of $250.00 or one half (½) of one per cent of the amount of the loan proposed, whichever is greater. 

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant can be any person that:

  • carries on a manufacturing and processing business, or intends to carry on such a business, in the province,
  • operates a business that produces a product by mechanical method from a raw material that is altered to add value. 

Application Steps:

No specific steps have been identified.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

No other details available.
Published date: January 21, 2016

Program Contact:

Manufacturing and Processing Assistance

Business Rebate Program

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Amount:

$250,000.00

Type of Program:

Rebate

Description:

The Business Rebate Program provides financial support to help businesses offset the costs of energy efficient products at their facility.  

Comments on Funding:

The funding is in the form of a rebate of 25% of eligible project costs. There is a lifetime cap of $250,000 per eligible
project site.

When It Ends:

Ongoing

Deadline:

December 31, 2023

Eligibility:

The applicant must: 

  • be classified under the Small Industrial, General Service 1, or General Service 2 Rate Schedule as per NB Power’s Rate Schedules and Policies,
  • be located within New Brunswick,
  • have authorization to approve installation of equipment at the Eligible Project Site,
  • propose projects that replace existing equipment, decrease energy use, and result in a reduction of greenhouse gas emissions. 

Application Steps:

The applicant must:

1

complete the online registration form

2

develop scope, if he decides to proceed after Step 1. 

3

submit a pre-approval form,

4

implement the project, after approval is granted by Program Staff,

5

once the project is complete, he can request the incentive,

6

once NB Power has approved the payment request, the Incentive will be paid by direct deposit to participant’s account within 60 days.

Documentation Needed: 

Applicants must submit:

  1. 1
    the registration form, 
  2. 2
    the pre-approval from. 

Other Things to Note:

Grants will be available until the budgeted amount of this program has been depleted for any calendar year.

Program Contact:

Business Rebate Program

business-rebate-program-guide-_dec-2021.pdf

Energy Management Information Systems (EMIS)

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Amount:

$155,000

Type of Program:

Grants

Description:

Energy management information systems provide industries the right information to help businesses optimize their energy use. Funding is up to $155,000 in incentives for EMIS.

Comments on Funding:

Funding is as follows:

  • 50% of eligible study costs, up to a maximum of $10,000 for EMIS Audit,
  • 50% of eligible study costs, up to a maximum of $35,000 for EMIS Design,
  • 50% of eligible project costs, up to a maximum of $80,000 for EMIS Implementation,
  • 50% of eligible project costs, up to a maximum of $30,000 for EMIS Optimization. 

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must:

  • large and small scale industries, for-profit businesses,
  • operating in Prince Edward Island.

Application Steps:

1

Applicants must complete and submit the online application form.

Documentation Needed:

No specific documentation has been identified.

Program Contact:

Industrial Program

Industrial Energy Efficiency Program

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Amount:

No Fixed Amount

Type of Program:

Grants

Description:

The Industrial Energy Efficiency Program provides funding to large and small scale industry customers for both electric and non-electric saving opportunities for projects reducing electricity, for energy audit, feasibility studies, or service studies and for projects reducing greenhouse gases.

The project stream provides incentives on energy saving projects, including: process improvements, HVAC systems, refrigeration, building envelope, compressed air, energy intensity reduction, fuel switching.

Comments on Funding:

Funding for energy audit, feasibility studies or service studies for projects reducing electricity is up to 100% of eligible costs, up to a maximum of $20,000 for small industries and $40,000 for large industries.

Project incentives for projects reducing electricity are the lesser of $0.108/kWh or 50% of eligible costs, up to a maximum of $250,000 for small industries and $500,000 for large industries.

Project incentives for non-electric projects reducing greenhouse gases are 25% of capital costs.

When It Ends:

Ongoing

Deadline:

Rolling deadline 

Eligibility:

The applicant must:

  • large and small scale industries, for-profit businesses,
  • operating in Prince Edward Island.

Application Steps:

1

Applicants must complete and submit the online application form.

Documentation Needed:

No specific documentation has been identified.

Other Things to Note:

 Incentives for non-electric projects are available until December 2023. 

Program Contact:

Industrial Program