Business Investment Fund

Department of Tourism, Culture, Industry and Innovation, Government of Newfoundland and Labrador • Applies only to: Newfoundland and Labrador

If your business is part of the Province's strategic sector, you could get funding to expand into external markets or to become more productive and competitive.

This fund has two components:

Business Investment to expand or enter external markets

You could get:

  • A repayable term loan up to $500,000 at a base rate of 3%
  • Equity financing in the form of redeemable preferred shares

Business Development Support to increase productivity and competitiveness

You could get:

  • A non-repayable contribution up to $100,000 per year, based on 50% of eligible costs
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