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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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Junior Exploration Assistance Program

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…

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Prospector Assistance Program (PAP)

Amount:$15,000 Type of Program:Grants Description:The New Brunswick Prospector Assistance Program (NBPAP) provides financial assistance to prospectors searching for metallic or industrial minerals (except aggregates) in the Province.Comments on Funding:Funding is up to a maximum of $5,000 if the prospector does not have mineral claims at the time of application, and up to a maximum of…

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Junior Mining Assistance Program (JMAP)

Amount:$100,000 Type of Program:Grants Description:The New Brunswick Junior Mining Assistance Program (NBJMAP) is a financial assistance program for private-sector Junior companies. It provides up to 50% of eligible costs, within defined limits, for mineral exploration projects and is intended to increase the probability of finding economically viable mineral resources in New Brunswick.Comments on Funding:Funding is…

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Green Jobs

Amount:$25,000 Type of Program:Subsidy Description:The Green Jobs Internship Program, generously funded by Natural Resources Canada, is a wage subsidy initiative that places Canadians in roles in the natural resources sectors, including energy, forestry, mining, and earth sciences. Comments on Funding:Funding is a wage subsidy of up $20,000 per intern hired, or up to $25,000 for youth…