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Grant and Funding Programs Offered by Department of Industry, Energy and Technology (NL)

Overview of Available Grants and Funding

The Department of Industry, Energy and Technology (IET) in Newfoundland and Labrador is crucial in driving economic growth, technological advancement, and sustainable energy development in the province. It provides grants and funding to businesses and non-profit organizations to promote innovation and economic diversification, supporting a resilient and future-ready economy.
9 opportunities available
Investment Attraction Fund
Loans and Capital investmentsOpen
Newfoundland and Labrador, Canada
Newfoundland and Labrador investment attraction fund
Eligible Funding
  • No Condition
Eligible Industries
  • All industries
Types of eligible projects
HUMAN RESOURCESBUSINESS BUYOUT
Newfoundland and Labrador, Canada
Regional Development Fund — Community Capacity Building
Grant and FundingOpen
Canada
Financial support for training in Newfoundland and Labrador
Eligible Funding
  • Max. $10,000
Eligible Industries
  • All industries
Types of eligible projects
COMMERCIALIZATIONCONSTRUCTION AND RENOVATION HUMAN RESOURCES
Canada
Business Development Support Program
Grant and FundingClosed
Newfoundland and Labrador, Canada
Money for business improvement in Newfoundland and Labrador
Eligible Funding
  • Max. $100,000
  • Up to 50% of project cost
Eligible Industries
  • Manufacturing
  • Wholesale trade
  • Professional, scientific and technical services
  • Other services (except public administration)
Types of eligible projects
Newfoundland and Labrador, Canada
Business Investment Program — Term Loan
Loans and Capital investmentsOpen
Newfoundland and Labrador, Canada
Loan for business improvement in Newfoundland and Labrador
Eligible Funding
  • No Condition
Eligible Industries
  • Manufacturing
Types of eligible projects
COMMERCIALIZATION
Newfoundland and Labrador, Canada
Regional Development Fund — Regional Development Program
Grant and FundingOpen
Newfoundland and Labrador, Canada
Funding for regional development in Newfoundland and Labrador
Eligible Funding
  • Max. $10,000
  • Up to 25% of project cost
Eligible Industries
  • All industries
Types of eligible projects
COMMERCIALIZATIONINNOVATION
Newfoundland and Labrador, Canada
Prospecting Assistance Grants
Grant and FundingOpen
Newfoundland and Labrador, Canada
Money for independent mineral exploration in Newfoundland and Labrador
Eligible Funding
  • Max. $12,000
Eligible Industries
  • Mining, quarrying, and oil and gas extraction
Types of eligible projects
Newfoundland and Labrador, Canada
Business Investment Program — Equity Investment
Loans and Capital investmentsOpen
Newfoundland and Labrador, Canada
Equity funding for business improvement in Newfoundland and Labrador
Eligible Funding
  • No Condition
Eligible Industries
  • Agriculture, forestry, fishing and hunting
  • Mining, quarrying, and oil and gas extraction
  • Manufacturing
  • Information and cultural industries
Types of eligible projects
COMMERCIALIZATIONTECHNOLOGYENVIRONMENT AND CLIMATEINNOVATION
Newfoundland and Labrador, Canada
Economic Diversification and Growth Enterprises
Tax CreditsOpen
Newfoundland and Labrador, Canada
Incentives to grow new business in Newfoundland and Labrador
Eligible Funding
  • Min. $300,000
  • Up to 50% of project cost
Eligible Industries
  • All industries
Types of eligible projects
COMMERCIALIZATION
Newfoundland and Labrador, Canada
Junior Exploration Assistance Program
Grant and FundingOpen
Newfoundland and Labrador, Canada
Money for the discovery of new mineral districts in Newfoundland and Labrador
Eligible Funding
  • Max. $225,000
  • Up to 75% of project cost
Eligible Industries
  • Mining, quarrying, and oil and gas extraction
Types of eligible projects
TECHNOLOGY
Newfoundland and Labrador, Canada