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…
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:No Fixed Amount Type of Program:Loan Description:The Tourism Financing Assistance is designed to meet the particular needs of Prince Edward Island tourism operators for the following purposes: purchase of business, expansion, debt consolidation, new construction, and repair or updating of fixed assets. These loans may be used for the purchase of machinery, equipment, real property…
Amount:No Fixed Amount Type of Program:Grants Description:The Tourism Economic Development Fund provides financial assistance to Miramichi community organizations and businesses to develop new tourism products. Funding will be available to non-profit community-based organizations or for-profit community businesses whose purpose is to operate a tourism attraction, facility or activity and whose focus is on attracting visitors…
This program is currently closed. Amount:No Fixed Amount Type of Program:Grant & Loan Description:With a budget of $500 million over two years (ending March 31, 2023), including $50 million specifically dedicated to Indigenous tourism initiatives and $15 million for national initiatives, The Tourism Relief Fund supports tourism businesses and organizations to adapt their operations to…
