Business Growth Program
The Business Growth Program provides non-repayable contributions for projects or initiatives to assist businesses start, innovate, scale and improve sales locally, nationally or internationally.
Offered by Government of Newfoundland and Labrador - Jobs, Growth and Rural Development
Amount
Non-repayable contributions up to 50 per cent of eligible costs to a maximum of $200,000 over 24 months ($100,000 per year) per project, per company; Development and Commercialization projects may be considered to a higher maximum normally up to $750,000 over multiple years
Quick eligibility check
Who can apply
Growth-focused, innovative NL businesses (sole proprietors, partnerships, corporations) demonstrating commercial viability, or co-ops/non-profits generating commercial revenue or pursuing international trade/economic development.
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