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.

Demographic

N/A

Incorporated

No

Contact

TansyMundon@gov.nl.ca
(709) 729-4570

Get A Fast Business Loan

Business location – Canada
Monthly Revenue – $10K +
Time in Business – 6 months +

Funds in 24 hours
$5,000 to $500,000
No hidden fees
No collateral
Applying doesn’t impact credit score

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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