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
Similar funding programs
Loan
Financial assistance for first-time entrepreneurs looking to start a business in rural Atlantic Canada.
Max Funding $150,000.00
Community Business Development Corporations - CBDC First-time Entrepreneur Loan
Loan
Loans with 40% forgiveness portion for Status, Metis, Inuit and Non-Status Indians residing in the Coast Salish Territory to start or grow their businesses.
Max Funding $75,000.00
Tale'awtxw Aboriginal Capital Corporation - TACC First Citizens Fund (FCF) Loan
Loan
Financial assistance for aquaculture businesses start-up or development in Nova Scotia.
Max Funding N/A
Government of Nova Scotia, Department of Fisheries and Aquaculture - Aquaculture Loan Program