Amount:No Fixed Amount Type of Program:Subsidy Description:Employ PEI is an employment program to help job seekers develop new skills and gain work experience through on-the-job training. By providing a temporary wage subsidy to an employer, it helps create long term employment opportunities and assists the employer with the cost of hiring and training a new…
Amount:$15,000 Type of Program:Grants Description:The Canada-Newfoundland and Labrador Job Grant (CNLJG) provides funding to eligible businesses and organizations to help offset the cost of training for their existing and future employees. Comments on Funding:Funding is up to a maximum of $10,000 per year towards training an existing employee and up to a maximum of $15,000…
Amount:$2,500 Type of Program:Subsidy Description:The Market Readiness Subsidy Program assists tourism stakeholders in enhancing the quality and market readiness of their tourism services, businesses and products. There are three eligible programs:1Best Practice Missions supports missions to other destinations designed to expose operators to successful development and marketing models. Primarily offered by Tourism Atlantic;2Gros Morne Institute…
Amount:$3,000,000 Type of Program:Loan Guarantee Description:The Fisheries Loan Guarantee Program supports the development of the province’s independent fish harvesting industry by providing a government guarantee on loans through local chartered banks for the construction or purchase of marine vessels and/or to purchase new engines and fishing equipment for the improvement, rebuilding or alteration of existing…
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…
