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Equity investments and loans for entities looking to invest in Newfoundland and Labrador
Government of Newfoundland and Labrador, Department of tourism, Culture, Industry and Innovation - Investment Attraction Fund
Type of Funding
Private Investment
Loan
Max Funding
1,000,000.00
Region
Federal/National
Application Difficuty
Complex
Processing Time
Slow (A few months)
Province
All Of Canada
Industry
N/A
Funding Goals
Grow and expand your business.
Start or acquire a new business.
Start or acquire a new business.
Demographic
N/A
Incorporated
No
Contact
TansyMundon@gov.nl.ca
(709) 729-4570
Apply For A Loan
Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +
Funds in 24 hours
$10,000 to $800,000
Details
Financial assistance for entities outside Newfoundland and Labrador looking to invest in the province (start-up or expansion). Funding in the form of redeemable preferred shares to a maximum of $500,000 per project; maximum aggregate of $1 million.
Eligibility
Duly registered company or commit to taking the necessary steps to become a registered company under the Newfoundland and Labrador Corporations Act and/or the Canada Business Corporations Act and legally entitled to conduct business in the Province; Have or commit to have operations situated in the Province; Be in good standing with the Province
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