Business Growth Program

Government of Newfoundland and Labrador, NL Department of Industry, Energy and Technology

Overview

Get a non-repayable contribution to cover up to 50% of eligible costs to a maximum of $200,000 over 24 months for projects that assist businesses start, innovate, scale and improve sales locally, nationally or internationally.

At a glance

Categoriesgrant
Funding$200,000 (up to 50% of eligible costs)
StatusAccepting applications
RegionNL
Sectorsgeneral

Eligibility and requirements

Money Maximum: $200,000 Non-repayable (An interest-free contribution, to be spent as outlined in your agreement, that does not have to be paid back as long as the conditions are met) Your project Aligns with the following priorities; Development and Commercialization Productivity Improvement and Innovation Knowledge and Technical Assistance Growth and Internationalization

How Mona Studio helps business owners use this program

Business Growth Program is one of many Canadian funding options listed in our grant finder. Mona Studio helps general teams translate program requirements into a practical workflow or AI adoption scope for leadership review, grant writers, and lenders. We summarize eligibility and funding here for discovery — confirm all details on the official program website before applying.

Official program website

Similar funding opportunities

View interactive program page on Mona Studio