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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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Atlantic Innovation Fund (AIF)

Amount:$3,000,000.00 Type of Program:Grants & Loan Description:The Atlantic Innovation Fund (AIF) is helping Atlantic Canada compete at home and abroad by supporting the development of innovative products and services that lead to commercial success. AIF helps researchers and innovative businesses team up to develop new products and services and put them on the market.  Comments…

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Business Investment Fund – Business Investment Program

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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Investment Attraction Fund

Amount:No Fixed Amount Type of Program:Investment, Loan Description:The Investment Attraction Fund provides customized financial assistance to inward investors in support of establishing a business in the province or expanding a business as a result of foreign direct investment (FDI). The Fund consists of an allocation for loans and advances towards strategic investments in infrastructure support…

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Equity Investment Program (EIP) – Development Program

Amount:No Fixed Amount Type of Program:Loan Description:The Development Program element provides incorporated Newfoundland and Labrador film and video production companies a loan to support the essential process of development which takes an idea through the stages of research, writing, market analysis and costing.Development funding is available in two phases for non-series projects as follows: Phase…