Starting & Funding a Business in Newfoundland and Labrador – Directory of Resources & Support
Thinking about starting a business in Newfoundland and Labrador?
This page brings together key resources to help you explore business ideas, understand the steps to get started, and find funding support from public, non-profit, and private sector organizations.
Use this hub as your starting point for launching and growing a business in Newfoundland and Labrador!
Business Ideas for Newfoundland and Labrador Entrepreneurs
Explore business ideas that match Newfoundland and Labrador’s economy, industries, and market trends. These resources can help you identify opportunities and choose a business that fits your goals and the local demand.
Starting a Business in Newfoundland and Labrador
Learn the key steps to starting a business in Newfoundland and Labrador, from planning and structuring your company to handling legal and financial basics. These guides walk you through what to expect.
- Newfoundland and Labrador Small Business Guide
- How to Start a Business in Newfoundland and Labrador
- How to Register a Business in Newfoundland and Labrador
- How to Start a Sole Proprietorship in Newfoundland and Labrador
- How to Incorporate in Newfoundland and Labrador
Business Funding in Newfoundland and Labrador
Discover the types of funding available to entrepreneurs in Newfoundland and Labrador, including grants, loans, tax credits, and investment opportunities.
Each category below links to a guide that explains where to find support and how to apply:
Grants
Find non-repayable funding options available to startups and small businesses in NL in our guide to Newfoundland and Labrador business grants.
Government Loans
Loan programs supported or delivered by the NL government often offer lower interest rates and/or flexible terms for small businesses. Explore our guide to Newfoundland and Labrador government business loans.
Wage Subsidies
Reduce your hiring costs in NL through government-supported subsidy programs. We have a guide to wage subsidies in Canada supported by the federal and provincial governments.
Tax Credits
Tax credits can lower your tax burden based on your business activities. Check out the current federal and provincial business tax credits in Canada.
Equity Investments
Many startups and high-growth businesses can obtain equity financing from incubators, private investors, or government equity investment programs. Learn more about equity financing in Canada.
Business Funding Organizations in Newfoundland and Labrador
Browse organizations across the public, non-profit, and private sectors that provide business funding in Newfoundland and Labrador. These links connect you directly to their funding programs and services.
(For a complete guide to the types of funding available to entrepreneurs, read our Canada Business Funding guide.)
Public Sector Funding Organizations in Newfoundland and Labrador
Federal Government Funding Organizations
Regional Development Agencies (RDAs)
Community Business Development Corporations (CBDCs)
- CBDC Avalon West, Placentia
- CBDC Burin Peninsula, Marystown
- CBDC Cabot, Paradise
- CBDC Central Newfoundland, Grand Falls-Windsor
- CBDC Eastern, Clarenville
- CBDC Emerald, Baie Verte
- CBDC Gander Area, Gander
- CBDC Gateway, Port aux Basques
- CBDC Humber, Corner Brook
- CBDC Labrador, Happy Valley-Goose Bay
- CBDC Long Range, Stephenville
- CBDC NORTIP, Plum Point
- CBDC South Coast, St. Albans
- CBDC Trinity Conception, Carbonear
- Metro Business Opportunities, Mount Pearl
Provincial Government Funding Organizations
Provincial Government Ministries
- Ministry of Environment and Climate Change
- Ministry of Finance
- Ministry of Fisheries, Forestry and Agriculture – Agriculture
- Ministry of Fisheries, Forestry and Agriculture – Fisheries and Agriculture
- Ministry of Fisheries, Forestry and Agriculture – Forestry
- Ministry of Health and Community Services
- Ministry of Immigration, Population Growth and Skills
- Ministry of Industry, Energy and Technology
- Ministry of Tourism, Culture, Arts and Recreation
Provincial Government Crown Corporations
Provincial Sector-Specific Organizations
Provincial Utility Companies
Municipal Government Funding Organizations
Business Improvement Areas (BIAs)
Municipal Economic Development Offices
- Advantage St John’s
- Access St John’s
- Conception Bay Area Planning and Development Department
- Conception Bay Area Heritage
- Town of Paradise Business & Economic Development
- Mount Pearl Economic Development & Housing
- Doing Business Corner Brook
- Business Division, City of Corner Brook
- Build Up Gander
- Town of Happy Valley-Goose Bay Business and Investing Incentives
- Town of Happy Valley-Goose Bay Starting a Business
University-Affiliated Funding Organizations
Technology Access Centres
Non-Profit Sector Funding Organizations in Newfoundland and Labrador
Chambers of Commerce
- St John’s Board of Trade
- Conception Bay Area Chamber of Commerce
- Arnold’s Cove Area Chamber of Commerce
- Baie Verte & Area Chamber of Commerce
- Bay St. George Chamber of Commerce
- Bonavista Trinity Regional Chamber of Commerce
- Burin Peninsula Chamber of Commerce
- Clarenville Area Chamber of Commerce
- Conception Bay Area Chamber of Commerce
- Exploits Regional Chamber of Commerce
- Gander & Area Chamber of Commerce
- Irish Loop Chamber of Commerce
- Labrador North Chamber of Commerce
- Labrador West Chamber of Commerce
- Lewisporte & Area Chamber of Commerce
- Mount Pearl Paradise Chamber of Commerce
- Placentia Area Chamber of Commerce
- Portugal Cove-St. Philip’s Chamber of Commerce
- Springdale & Area Chamber of Commerce
Cooperative Non-Profits
- Newfoundland-Labrador Federation of Co-operatives
- Atlantic Edge Credit Union
- Community Credit Union Limited
- EasternEdge Credit Union Limited
- Hamilton Sound Credit Union Limited
- Newfoundland and Labrador Credit Union Limited
- Public Service Credit Union Limited
- Reddy Kilowatt Credit Union Limited
- Venture Credit Union Limited
Incubators
Research Organizations
Private Sector Funding Organizations in Newfoundland and Labrador
Venture Capital Firms
