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Business Investment Program — Equity Investment
Equity funding for business improvement in Newfoundland and Labrador
Last Update: March 4, 2026
Funding available
Varies by project
Timeline
- Open continuously
Location
Newfoundland and Labrador, Canada
Overview
Get equity funding to increase your productivity, take advantage of export potential and improve your competitiveness.
/100
Opportunity Score
Moderate potential, but conditions must align.
At a glance
Funding available
Financing goals
- Access new markets
Eligible Funding
- Varies by project
Timeline
- Open continuously
Eligible candidates
Eligible Industries
- Agriculture, forestry, fishing and hunting
- Mining, quarrying, and oil and gas extraction
- Manufacturing
- Information and cultural industries
- Professional, scientific and technical services
Location
- Newfoundland and Labrador
Legal structures
- For-profit business
Annual revenue
- $ 10,000,000 maximum revenue
Organisation size
- 100 employees maximum
Audience
- Startups
Next Steps
1
Determine your project
2
Validate your eligibility
Activities funded
The Business Investment Program supports projects that enhance strategic growth sectors and facilitate entry into export markets. These activities aim to strengthen the capital structure of SMEs by leveraging additional private investment.
- Projects that expand operational capabilities in strategic growth sectors.
- Activities aimed at increasing export potential and accessing new markets.
- Initiatives that complement funding from conventional financial sources to strengthen business capital bases.
Eligibility
Who is eligible?
Eligible applicants for the Business Investment Program must be small and medium-sized enterprises (SMEs) based and operating in Newfoundland and Labrador. These SMEs should have fewer than 100 employees and less than $10 million in sales. Additionally, applicants must demonstrate their ability to undertake the work identified in the project proposal, access the necessary financial capital to complete the project, operate within a strategic sector defined by IET, and be in good standing with the Government of Newfoundland and Labrador.Who is not eligible
There are specific types of companies that are not eligible for this grant.
- Companies with more than 100 employees.
- Companies with sales exceeding $10 million.
- Companies not operating in strategic sectors as defined by IET.
Eligible expenses
The Business Investment Program supports activities that enhance the strategic growth of small and medium-sized enterprises in Newfoundland and Labrador. Eligible projects are those in sectors identified by Industry, Energy and Technology that foster business expansion and export potential, especially when it leads to leveraging new investments.
- Projects in strategic growth sectors identified by Industry, Energy and Technology.
- Initiatives with strong export potential where assistance is needed to enter or expand in external markets.
- Business expansions that require increased capital to attract new private sector investments.
- Projects that demonstrate a clear need for complementary funding beyond conventional sources.
Eligible geographic areas
This grant is specifically targeted for businesses operating within Newfoundland and Labrador. These geographical areas have been prioritized to support local economic growth and development.
- Companies based in Newfoundland and Labrador.
Additional information
Additional key points for the grant applicants include focusing on compliance with general business regulations and the specific requirements of the program.
- Applicants should ensure they are compliant with all applicable Canadian business regulations and taxation laws.
- A clear demonstration of the project's alignment with strategic growth sectors is critical for a successful application.
- Applicants may need to provide detailed financial forecasts that underscore the project's viability and alignment with funding purposes.
- Businesses should show how the loan will specifically enable them to attract further private-sector investment.
- Collaborating with local business advisors or the IET office could enhance the viability and competitiveness of the application.
Frequently Asked Questions about the Business Investment Program — Equity Investment Program
Here are answers to the most common questions about the Business Investment Program — Equity Investment. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.
What is the Business Investment Program — Equity Investment?
Get equity funding to increase your productivity, take advantage of export potential and improve your competitiveness.
Who is eligible for the Business Investment Program — Equity Investment program?
To be eligible for the Business Investment Program — Equity Investment program, you must:
Be a small and medium-sized enterprise (SME) based and operating in Newfoundland and Labrador with fewer than 100 employees and less than $10 million in sales.
Operate in a strategic sector as defined by Industry, Energy and Technology (IET).
Be in good standing with the Government of Newfoundland and Labrador.
What expenses are eligible under Business Investment Program — Equity Investment?
The Business Investment Program supports projects that enhance strategic growth sectors and facilitate entry into export markets. These activities aim to strengthen the capital structure of SMEs by leveraging additional private investment. Projects that expand operational capabilities in strategic growth sectors.
Activities aimed at increasing export potential and accessing new markets.
Initiatives that complement funding from conventional financial sources to strengthen business capital bases.
Who can I contact for more information about the Business Investment Program — Equity Investment?
You can contact Government of Newfoundland and Labrador.
Where is the Business Investment Program — Equity Investment available?
The Business Investment Program — Equity Investment program is available the province of Newfoundland and Labrador.
Is the Business Investment Program — Equity Investment a grant, loan, or tax credit?
Business Investment Program — Equity Investment is a Loans and Capital investments
Who are the financial supporters of the Business Investment Program — Equity Investment?
Business Investment Program — Equity Investment is funded by Government of Newfoundland and Labrador, Department of Industry, Energy and Technology (NL) (IET)