Newfoundland and LabradorBusiness Grants & Funding

Business Development Program

Up to 50% of capital needed for business launch or expansion; up to 75% of eligible costs for business growth activities (staff training, marketing, efficiency studies, etc.)

The Business Development Program provides interest-free repayable funding and non-repayable contributions to help entrepreneurs launch, modernize,...

Direct Equity Tax Credit Program

35% tax credit for investments in qualifying activities outside North East Avalon; 20% for activities within North East Avalon

A provincial tax credit program that provides individuals and corporations with an income tax credit when they invest as shareholders in eligible...

Cooperation with the Community Sector — Community Life (Programming Funding)

This grant provides funding to community organizations representing official-language minority communities to carry out ongoing programming and...

Canada Student Loan Forgiveness Program - Expansion to Health Care and Social Service Professionals

Up to $60,000 over 5 years for family physicians/dentists/pharmacists/psychologists; up to $30,000 for nurses/midwives/teachers/social workers/physiotherapists; up to $15,000 for early childhood educators/dental hygienists/personal support workers

A loan forgiveness program that cancels federal student loan debt for health care and social service professionals working in under-served rural or...

Core Startup Program

Up to $75,000 in flexible, equity-free loan financing

The Core Startup Program provides equity-free loan financing up to $75,000 to help young entrepreneurs start or buy a business. Alongside flexible...

Canada Student Grant for Full-Time Students

Up to $4,200 per year or up to $525 per month of study

A grant providing up to $4,200 per year to full-time students in financial need to help cover education costs. Students are automatically assessed...

Venture Capital Tax Credit Program (VCTC)

Non-refundable tax credit equal to 30% of amount invested, up to a maximum tax credit of $75,000 (based on maximum investment of $250,000)

A provincial tax credit program that provides a non-refundable tax credit equal to 30% of the amount invested in a Qualifying Venture Capital Fund....

Arts Infrastructure and Programming Fund

Up to 90% of project costs to a maximum request of $9,000 for smaller projects; up to 80% of project costs to a maximum request of $40,000 for Arts Infrastructure or $25,000 for Arts Programming on larger projects with community/economic benefits. Requests above stated maximums may be considered with demonstrated need and multiple funding sources.

A non-repayable grant program that supports not-for-profit organizations in Newfoundland and Labrador to enhance arts infrastructure through facility...

Labour Market Development Agreements (LMDA)

Approximately $3 billion annually across LMDA and WDA combined; varies by province/territory

Federal funding of approximately $3 billion annually provided to provinces and territories to deliver skills training, upskilling, employment...

ElevateIP

Funding provided to accelerators and incubators to deliver services; specific amounts to individual start-ups not specified

ElevateIP is a $90-million grant program that funds business accelerators and incubators to deliver IP education, strategy development, and...

Mitacs Accelerate Entrepreneur

$15,000 per internship unit for students and postdocs; up to $20,000 per unit for postdocs (up to $5,000 allocated to research expenses)

Mitacs Accelerate Entrepreneur provides non-repayable funding for student and postdoctoral entrepreneurs to grow their startups and commercialize...

Trade Diversification Corridors Fund - Stream 1: Strengthening Canada's Core Trade Corridors through a Systems-Based Approach

Up to $5 billion available across all three funding streams

A federal grant program providing up to $5 billion to build and improve critical transportation infrastructure (roads, rail, airports, bridges,...

Apartment Construction Loan Program

Low-cost loans ranging from $1,000,000 minimum up to 100% of the cost of the residential component

This loan program provides low-cost financing to build or convert rental apartment projects across Canada during the construction phase through to...

Canada Housing Infrastructure Fund (CHIF)

Varies by project; total announced investment of $369.57 million across multiple projects

A federal grant program that provides funding to remove infrastructure bottlenecks that prevent housing development. CHIF supports water, wastewater,...

2026 International Joint Initiative for Research Harnessing Disruptive Technologies to Address Global Challenges

Funding varies by participating country and funder. Canadian co-PIs may receive up to CAD $1,500,000 through NFRF. Other funding organizations offer different maximum amounts in their respective currencies.

This is an international research funding program that supports interdisciplinary, collaborative research projects harnessing disruptive technologies...

ACOA Application for Financial Assistance

ACOA provides grants to finance economic development projects in Atlantic Canada. The funding supports businesses and organizations seeking to grow,...

New Horizons for Seniors Program (NHSP) - Community-based Projects

Up to $25,000 per community-based project

A federal grant program that provides capital assistance to support community-based projects led by and for seniors. The program strengthens social...

Funding for Social Development Partnerships Program – Children and Families – Financial Empowerment

Funding amount not specified in document

This grant funds projects that deliver financial empowerment services and supports to low-income adults. Grants support organizations in developing...

Fonds de prêts pour les femmes en entrepreneuriat

Up to $50,000

A national microcredit fund offering loans up to $50,000 to support women entrepreneurs in launching or growing their businesses. The program...

Special Assistance Grant Program

A non-repayable grant program that provides financial aid to support communities and organizations for emergencies related to health and life safety,...