Subsidy Archives - Atlantic Canada Business Grants

This program is currently closed.

Amount:

$30,000

Type of Program:

Subsidy

Description:

The NATI-ACOA Internship Program offers two streams of internships including Export and Commercialization, and is designed to provide work opportunities for Newfoundland and Labrador university and college graduates while supporting the growth of established technology companies with quality commercialization and trade advisory services.

Comments on Funding:

Funding is 75% of the intern’s salary to a maximum of $30,000, in addition to mandatory professional sales training, and support for other approved training activities.
Participating companies are required to contribute a minimum of 25% ($10,000) of the graduate’s salary and benefits to the minimum per annum salary of $40,000, excluding all mandatory employer-related costs (MERC).

When It Ends:

Closed

Deadline:

Fall 2020 dates to be announced

Eligibility:

The applicant must:

be Newfoundland and Labrador-based technology companies who then engage a graduate for a period of one year, with substantial funding support through the Internship Program,
commit to making commercialization or trade support services part of their business strategy,
demonstrate they can support the intern with the necessary resources for their career development in their role,
demonstrate they have the commitment and means to implement on their business strategy

Other Things to Note:

The deadline to apply was 8th March 2021.

Program Contact:

Internship Programs - NATI

Internship Program - techNL

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:

1
Best Practice Missions supports missions to other destinations designed to expose operators to successful development and marketing models. Primarily offered by Tourism Atlantic;
2
Gros Morne Institute for Sustainable Tourism (GMIST) focuses on experiential travel, marketing and sustainability;
3
Other initiatives that address market readiness for industry participant's maybe considered, subject to approval by the Department of Tourism, Culture, Arts and Recreation.

This program provides a 25% subsidy for one of the above programs once per year for one business or organizational representative.

Comments on Funding:

Funding is up to 25% of eligible costs of the approved programs. The allowable subsidy is a maximum of 25% up to a total for one event of $2,500.
Applicants are expected to contribute at least 25% of total eligible costs. In kind contributions will not be accepted.

Depending on the program (for example, Best Practice Missions, GMIST) an additional 50% subsidy could be received from federal government sources.
The maximum government subsidy from all levels of government is not to exceed 75%.

When It Ends:

Ongoing

Deadline:

Rolling deadline

Eligibility:

The applicant must:

private sector operators (owners, managers or senior personnel-not for front line staff) that meet all regulatory requirements (Licensed under the Tourism Establishment Act and Regulations) and are in business for a minimum of one year and/or operated for at least one season
non-commercial/not-for-profit organizations (municipalities and other entities undertaking initiatives that will directly benefit tourism in the province) that are in good standing. Participants from these organizations will be expected to communicate their experiences and knowledge to tourism stakeholders in their respective regions.

Application Steps:

a request for funding "form" before they are eligible to receive the subsidy,

the expense claim that was enclosed with their approval letter within 30 days of travel and forward with copies of their receipts to the attention of Cheryl Boland for processing

Program Contact:

Tourism Market Readiness Subsidy Program