Newfoundland & Labrador Small Business Grants (2024): 125+ Business Grants, Government Loans in NFLD
Starting, or growing a small business in NFLD, while exciting, can also be a challenging journey. One of the elements that can have a major impact on the success of your business, is access to funding.
Luckily, the province of NFLD, offers a number of great business grants, government loans, tax breaks and incentives to help small businesses and to support entrepreneurs at different stages of their business development.
These business grants and funding options can provide a financial boost that is required to turn innovation into a reality, expand operations and overcome the unexpected challenges of business ownership.
Join us as we explore all available Newfoundland & Labrador business grants for 2024.
We will be looking at the regions in Newfoundland & Labrador which will be able to provide you with the funding, the different types of funding available, what the funds can be used for, eligibility criteria as well, your access to over 125+ business grants, government loans..etc
Access 125+ Business Grants and Government Loans in Newfoundland & Labrador
Regions of Newfoundland and Labrador Government Funding Coverage
As a small business in Newfoundland and Labrador, there are various funding options that your business may be able to obtain.
This funding comes from local governments, as well as regional governments.
Avalon Peninsula
The Avalon Peninsula includes the capital city, St. John’s, and surrounding communities. Funding in this region often focuses on urban development, technological innovation, and cultural projects.
Eastern Newfoundland
Eastern Newfoundland encompasses areas such as Clarenville, Bonavista, and Burin. Funding initiatives here may target rural development, fisheries, and tourism enhancement.
Central Newfoundland
Central Newfoundland includes communities like Gander and Grand Falls-Windsor. This region often receives funding for infrastructure improvement, small business support, and resource development.
Western Newfoundland
Western Newfoundland covers areas like Corner Brook and Stephenville. Funding in this region may be directed towards manufacturing, agricultural development, and environmental sustainability projects.
Labrador
Labrador, encompassing communities such as Happy Valley-Goose Bay and Labrador City, often receives funding to address its unique geographic and economic challenges. This includes support for indigenous communities, remote area development, and natural resource management.
Northern Peninsula
The Northern Peninsula, including towns like St. Anthony and Port au Choix, often benefits from funding aimed at tourism, fisheries, and community infrastructure.
Government funding in Newfoundland and Labrador is designed to meet the specific needs and opportunities of each region, aiming to promote balanced growth and equitable resource distribution across the province. You can review all regions of Newfoundland and Labrador within the Funding Database to access all options at your fingertips.
Access 125+ Business Grants and Government Loans in Newfoundland & Labrador
Are Newfoundland & Labrador Business Grants and Funding Right For You
If you are considering starting a business, or have an existing business in Newfoundland & Labrador, you should consider government funding.
Remember, government funding does not meant just borrowing money (via Loan), but utilizing provided funding options such as government grants, incentives, tax breaks, credits..etc, towards the various expenses you may have in order to grow your business.
The benefit of being in Newfoundland & Labrador, or the above mentioned regions of Newfoundland & Labrador is that the government puts a lot towards the success of entrepreneurship, covering many audience types, including Startups, Women, Immigrants, Youth, Indigenous, Veterans, Minority Owned Businesses, Non Profits, Specific Regions as well as those in Specific Industries.
In other words, if you are a Canadian (or have PR); or are in business with a Canadian Citizen (or PR holder) and in need of funding support, chances are you are eligible for certain Newfoundland & Labrador business grants and government funding programs.
With that in mind, you must have expenses that you’d like to cover. Have a look at the below, to see what Newfoundland & Labrador small business grants can be used for!
What Can Newfoundland & Labrador Small Business Grants Be Used For?
Newfoundland & Labrador business grants and funding options can be used to cover a number of startup and expansion costs as you run your business. Here are some of the more commonly used user cases as how to benefit from the available funding:
☑️ To cover the initial startup and/or expansion costs
☑️ To assist you with purchase of tools, equipment and inventory to lower your initial costs
☑️ To help you adopt technology use in your business and get your business online
☑️ To provide you costs for marketing and advertising campaigns, or hire marketing related assistance
☑️ To give you working capital for the every day, day to day expenses
☑️ To cover the cost of wages for yourself, your staff and provide training
☑️ and much more
These are just a few of the expenses that Newfoundland & Labrador business grants and funding can be used towards. For a full list, access the Funding Database and take advantage of over 1,500 different options, covering hundreds of possible expenses your business may have.
What are the types of government funding options in Newfoundland & Labrador?
Access 125+ Business Grants and Government Loans in NFLD
The province of Newfoundland & Labrador, including the mentioned local and regional government offices provide a large number of options for small business owners to take advantage of. These options vary from business to business, however the majority will come in the form of business grants, business loans and tax breaks/credits.
While these funds are all government funds, some can be government backed as well (via banks and lenders).
Newfoundland & Labrador Business Grants
Business grants, considered free money is often the best form of funding that a business owner can obtain as it can give a business several key benefits, including:
Government grants in Newfoundland & Labrador offer several benefits for businesses, including:
- Non-Repayable Funding: These are grants that do not need to be repaid, unlike loans, which helps businesses manage cash flow and reduce financial burden.
- Financial Support: These business grants provide crucial financial support, allowing businesses to invest in growth, innovation, and development without impacting their capital reserves.
- Risk Mitigation: Accessing these business grants reduces the financial risk associated with new projects, research and development, or expansion plans.
- Competitive Advantage: Government grants can enhance a business’s competitive edge by enabling investments in new technology, skilled labor, and market expansion.
- Encourages Innovation: Grants often target innovative projects, helping businesses develop new products, services, or processes that can lead to significant market advantages.
- Improves Credibility: Receiving a government grant can enhance a business’s credibility with investors, customers, and partners, as it demonstrates government support and validation of the business’s potential.
- Access to Expertise: Many grant programs offer additional resources such as mentorship, networking opportunities, and access to industry experts, which can be invaluable for business growth and development.
- Job Creation: These business grants aimed at job creation help businesses hire more staff, contributing to local economic development and increasing the company’s operational capacity.
Newfoundland & Labrador Government Loans
Much like traditional bank loans, Newfoundland & Labrador government loans are not different in a standard sense that you are still borrowing money, however, government loans have number of key benefits to a business owner utilizing them, including:
- Lower Interest Rates: Government loans often come with lower interest rates compared to traditional bank loans, making them more affordable and reducing the overall cost of borrowing.
- Flexible Repayment Terms: These loans typically offer more flexible repayment terms, allowing businesses to choose repayment schedules that align with their cash flow and financial situation.
- Access to Larger Amounts: Government loans may provide access to larger amounts of capital than other funding sources, enabling businesses to undertake significant projects or expansions.
- Support for Specific Sectors: Many government loan programs are tailored to support specific industries or sectors, providing targeted financial assistance to businesses in those areas.
- Encourages Investment in Innovation: Government loans often support innovation and development projects, helping businesses invest in new technologies, research, and development efforts that can drive growth and competitiveness.
- Boosts Business Credit: Successfully securing and repaying a government loan can help build and improve a business’s credit history, making it easier to obtain additional financing in the future.
- Job Creation and Economic Growth: Government loans can facilitate job creation and contribute to local economic development, benefiting both the business and the wider community.
- Supplementary Support: In addition to financial assistance, government loan programs may offer supplementary support such as business advisory services, mentorship, and networking opportunities.
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Less Stringent Requirements: Government loans may have less stringent eligibility and collateral requirements compared to private sector loans, making it easier for small and medium-sized businesses to qualify
Access 125+ Business Grants and Government Loans in NFLD
Newfoundland & Labrador Tax Breaks / Tax Credits For Small Businesses
One of the easier funding types offered by the government of Newfoundland & Labrador and the federal government is the available tax breaks and credits. These tax breaks and credits directly reduce the amount of taxes a business owes, resulting in significant cost savings that can be reinvested into the business.
By lowering tax liabilities, businesses retain more of their earnings, improving cash flow and financial stability. This also can encourage businesses to invest in new equipment, research and development, employee training, and other growth initiatives that might otherwise be cost-prohibitive.
No matter of the type of funding, be it a government business grant, a government loan, or a tax break/credit, as a startup or growing business, you should regularly check available government funding options in Newfoundland & Labrador and take advantage of them.
How Much Grant Money Or Funding Can I Get For My NFLD Business
Our Funding Database currently has over 1,500 different funding options available.
A typical business owner in NFLD, starting up, or expanding their business, will be eligible to 4-5 different options. Multiple more options, if regular funding searches are conducted (this is done by our experts for you).
Funding amounts and how much you can get in grant funding varies from business to business, as it is based on your specific funding needs, in accordance to the expenses that you wish to cover.
Currently, for 2024, business grants and funding ranges from $1,000 to $500,000 (larger options are available when combined)
Access 125+ Business Grants and Government Loans in NFLD
Am I Eligible for NFLD Small Business Grants?
Based on the current availability of government grants for small businesses in NFLD, there are key factors that can determine eligibility. Not all factors apply to every program, but worth noting to help maximize your access to grants and funding.
☑️Business Location (often your city or region)
☑️Business Type (ie: your industry)
☑️Business Stage, or Business Size (new business, existing business, # of employees and revenue)
☑️Funding Needs (what the funds will be used for)
☑️Economic Impact (what your business can do for the economy; ie: create jobs)
It is important to note: Most cities and regions within NFLD, offer some sort of government business grants and funding options to startups and existing business owners. While not every single business can get funds for every single type of expense, working with a funding expert can unlock potential to these options for you.
As mentioned, using our Funding Database, a typical business in NFLD is eligible to 4-5 funding options!
2024 NFLD Small Business Grants and Funding List – 125+ Options
Government funding options are constantly changing.
New city and regional options are constantly closing, and new incentives are coming in. Staying on top of these funding options is crucial to ensure you don’t miss any business grants and funding options for the rest of 2024.
Below is a list of over 125+ business grants, government loans, and funding options that can help your small business in NFLD.
If you wish to consider any of the options, speaking with a qualified expert is recommended – call 1-800-288-9691.
Access 125+ Business Grants and Government Loans in NFLD
| Prospectors Assistance Grant | $12,000 |
To provide training and direct financial support to individuals and is designed to encourage and promote development of the mineral-prospecting industry and the discovery of wealth-generating mineral deposits.
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| Petroleum R&D Accelerator | $5,000,000 |
This program focuses on leveraging research and development projects with the potential to have a significant impact on petroleum exploration, development, and operations, in Newfoundland and Labrador.
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| Tourism Market Readiness Subsidy Program | $2,500 |
To assist operators in enhancing the quality and market readiness of their tourism services, businesses, and products.
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| Crafts of Character Branding Program | Various Amounts |
To support business development in the craft, gift and apparel sector.
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| Aboriginal Cultural Heritage Program | $15,000 |
This program supports Aboriginal projects that involve the safeguarding of traditions and culture, including language; traditional knowledge and skills; storytelling, music, games and other pastimes; knowledge of the landscape; customs, cultural practices and beliefs; food customs; and living off the land.
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| Tuition & Subsidy – On Site Courses | $1,500 |
Bonavist Institute for Cultural Tourism offers workshop fees and subsidies in order to enhance learning experiences in the cultural tourism industry.
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| Operational Support for Community and Regional Heritage Organizations | Various Amounts |
Operational support is provided to museums, archives, historical societies and historic trusts to assist in the preservation and promotion of the cultural heritage.
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| Cultural Economic Development Program – Arts Component | $2,000 |
The Cultural Economic Development Program offers financial support to professional arts organizations for events or projects that will stimulate economic growth for the cultural sector in Newfoundland and Labrador.
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| CBDC Social Enterprise Loan | $150,000 |
CBDC Social Enterprise Loans and financing is available to Social Enterprises such as non-profit organizations, cooperatives or membership organizations in a form of a loan or loan guarantee. The Social Enterprise Loans provides financial support to businesses with revenue generating operations. The loan can be also used to purchase assets, renovate existing ones or to expand a social enterprise.
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| Translation Assistance Program | $4,000 |
The Translation Assistance Program offers financial assistance to small and medium-sized businesses in the Atlantic region who wish to translate their promotional material. You can apply for up to 50% of the costs of eligible translation projects, up to a maximum of $2,000. The minimum allowed size for translation projects is above $1,000 (approximately 4,500 words).
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| Small Loan Program for the Cottage Craft Industry | $1,000 |
Provide loans to aboriginal cottage craft business owners for the purchase of inventory, tools, raw materials, and to cover other eligible expenses.
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| Community Partnership Program (Employment) | Various Amounts |
Advanced Education and Skills collaborates with community agencies to deliver supports and initiatives to help individuals to prepare for, attain and maintain employment, and make the transition to a new job.
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| Regional Development Fund | Various Amounts |
Projects submitted for consideration must clearly link non-commercial activities to economic diversification and/or business development. The four key themes of projects intended for funding are: infrastructure; capacity building; marketing; and, research.
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| Stingray Stimulus Plan | $15,000,000 |
Radio advertising grants for local Canadian businesses in Stingray radio markets.
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| R&D Proof of Concept | $250,000 |
This program helps reduce the technical and financial risk of pre-commercial research and development projects for innovative, high growth businesses in Newfoundland and Labrador.
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| GST/HST credit | Various Amounts |
Taxpayers building or buying a new house or substantially renovated one that will be their primary place of residence can get a housing rebate on the GST or federal part of the HST. The rebate will reduce GST/HST from 5% to approximately 3.5% for homes valued at $350,000 or less.
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| Apprenticeship Wage Subsidy | Various Amounts |
The initiative assists underemployed and unemployed apprentices in the skilled trades in Newfoundland and Labrador. Funding helps employers offset salary costs, up to $14/hour, and provides apprentices with the opportunity to gain critical work experience, especially in their first and second year.
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| GeoEXPLORE | $750,000 |
GeoEXPLORE is an RDC-directed research program that supports industry-led R&D projects related to mineral and petroleum exploration and development. You can apply for grant funding of up to $750,000 per project over a maximum three-year period to cover up to 50% of total eligible project costs for R&D projects undertaken by larger companies, and up to 75% of total eligible project costs for R&D projects by junior exploration and small mining companies. Up to 50% of total eligible project costs may be provided, regardless of company size, for field trials and/or large-scale demonstration projects where the total eligible project costs exceed $1 million.
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| Summerhill Venture Partners | $4,000,000 |
Summerhill Venture Partners is an early stage venture capital firm that focuses on working with digital media and information technology.
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| Investment Attraction Fund | Various Amounts |
The Fund consists of an allocation for loans and advances towards strategic investments in infrastructure support costs, human resource costs or other costs, as determined by the Department of Business, Tourism, Culture, and Rural Development.
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| Desjardins GoodSpark Grants | $20,000 |
Grants are available for eligible SMEs across numerous provinces for projects focused on sustainable development, employment and innovation.
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| CBDC Business Counselling | Various Amounts |
To help entrepreneurs create small businesses and assist in the expansion and modernization of existing businesses by way of offering guidance and counseling.
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| NOHC-Investment Grow Stream | $1,000,000 |
The program provides funding to encourage business productivity as well as expansion in Northern Ontario.
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| Job Skills – Essential Workplace Skills Development Program | $5,000 |
This initiative provides financial assistance to small or medium size employers to develop and deliver recognized on-the-job training for existing and future employees.
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| Work Smarts | $7,735 |
Work Smarts provides a wage subsidy to employers in Atlantic Canada who hire recent graduates.
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| Business Development Program | Various Amounts |
To provide venture capital financing to small and medium-sized Atlantic Canada-based businesses for start-up, expansion, or modernization.
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| My Future, Jy Vois 2.0 | Various Amounts | A 16 week wage subsidy. |
| Self-Employment Assistance | Various Amounts |
The Self-Employment Assistance program provides financial and entrepreneurial assistance to eligible (unemployed) individuals to help them create jobs for themselves by starting a business in Newfoundland and Labrador. There are two elements to the program, one for organizations acting as coordinators for the program and one for individuals seeking assistance.
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| Ulnooweg Loan | $250,000 |
To provide financial assistance to aboriginal business owners in Atlantic Canada.
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| Small Enterprise Co-Op Placement Assistance Program (SECPAP) | $7,000 |
To provide small businesses with the opportunity to build their workforce and get exposed to the value of co-operative education.
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| Innovation Loan | $150,000 |
The Innovation Loan encourages business productivity and effectiveness in rural Atlantic Canada by offering finance, up to $150,000, to support the adoption of new technologies and methods for commercial applications, as well as new products or services, training, and counselling.
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| Entrepreneurial Leaders Program | $10,000 |
The Wallace McCain Institute invites a small, exceptional group of high potential entrepreneurs each year for the Entrepreneurial Leaders Program. The class meets once each month for one year. Each session will be two days in length and will be focused on a central topic.
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| First Angel Network | Various Amounts |
First Angel Network is a network of angel investors. Companies that are deemed investment ready will be provided with the opportunity to present to the full membership of the First Angel Network at quarterly dinner meetings. You get to make a pitch to member investors as a group, instead of having to seek them out one by one.
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| Black Business Initiative Financial Assistance | $25,000 |
A collection of programs and services designed to assist small to medium-sized enterprises, start-up companies and aspiring entrepreneurs in the African Nova Scotian Community.
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| CBDC General Business Loan | $150,000 |
The General Business Loan provides up to $150,000 in funding for an expansion of your existing premises, to purchase an existing business, construct a new building, or buy new equipment and additional materials to meet increased customer demand.
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| Innovative Communities Fund (ICF) | Various Amounts |
Provides financial assistance to projects that contribute to the economic development of Atlantic Canada’s communities.
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| 3+ SEED Capital Program | $20,000 |
Seed Capital Program provides loans towards starting, expanding or improving a small business and acquiring training business skills. ACOA’s Seed Capital Program provides up to $20,000 per applicant in the form of a repayable, unsecured, personal loan with flexible interest and repayment terms, and up to $2,000 is available per applicant for specialized training and business counseling.
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| Pitch for the Purse | Various Amounts | Pitch competition win seed funding for female founders |
| Funding For Canadian Small Businesses | $300,000 |
Funding is available for Canadian SMEs across numerous industries.
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| LaunchPad | Various Amounts |
This program is for businesses in other jurisdictions that want to set up operations in PEI.
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| Business Planning Program | Various Amounts |
The Business Planning Program works closely with the aspiring entrepreneurs and examines their business plan in a step by step process, by providing objective and constructive feedback throughout the business planning process
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| Launch Program | Various Amounts |
The Launch Program is a 12-week training program to help guide entrepreneurs through the early stages of validating, developing and launching a startup. You can attend it on-site at one of their community partners – St. John’s NL, Fredericton NB, Halifax NS and Charlottetown PE.
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| Small Business Counseling | Various Amounts |
To provide counseling and mentorship to small business owners or those looking to start a new business or have an existing business in Newfoundland and Labrador.
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| Atlantic Innovation Fund | $3,000,000 |
To help Atlantic Canadians compete on the international stage through the development of new ideas, products, businesses and markets.
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| Newfoundland and Labrador Organization of Women Entrepreneurs | Various Amounts |
Provides support, consultation, and access to networking events to women in business in Newfoundland and Labrador.
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| TakeCHARGE Custom Solutions | $50,000 |
Provides rebates of up to $50,000 to businesses in Newfoundland and Labrador that undertake energy efficiency upgrades to commercial facilities.
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| JobsNL Wage Subsidy | $11,760 |
The program provides wage subsidies for hiring new employees in Newfoundland and Labrador.
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| Indigenous Youth Cultural Resilience Grant | $5,000 |
To provide business loans to aboriginal Canadians living in Atlantic Canada.
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| Build Program | $150,000 |
The Build Program focuses on later stage startups, and is a 12-week
training program to develop the entrepreneurial skills required to grow the company. There is a strong emphasis on sales and marketing support. The cost of the program is $5,000, payable only if you manage to raise outside funding at the end of the program.<br> |
| Business Investment Program | $500,000 |
To provide complementary funds (term loans and equity investments) to enable value-added manufacturing, information technology, aquaculture, bio-technology, marine services, agrifoods and tourism.
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| Consultant Advisory Services | $5,000 | Consulting services grant available to Small Businesses & |
| Direct Equity Tax Credit | Various Amounts |
The Newfoundland and Labrador Direct Equity Tax Credit provides investors with a tax credit for their direct investment in eligible local businesses, effective October 30, 2000.
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| Propel Accelerator | Various Amounts | Online accelerator for promising tech start-ups in Atlantic Canada |
| Proof of Concept | $20,000 |
Proof of Concept is one of the four streams of grant programs under Springboard Atlantic’s Innovation Mobilization Program. Proof of Concept grants are meant to be used for accelerating the pre-competitive development of promising technologies. Applicants may seek up to $20,000 per project, including matching funds.
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| Marketing Support | $25,000 |
Marketing Support is one of the four streams of grant programs under Springboard Atlantic’s Innovation Mobilization Program. Marketing Support grants are meant to be used for building and/or developing a prototype of a technology for marketing purposes. Applicants may seek up to $25,000 for market consulting (including matching funds).
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| Patent and Legal | $15,000 |
Patent and Legal is one of the four streams of grant programs under Springboard Atlantic’s Innovation Mobilization Program. Patent and Legal grants, meant to be used for analysis, establishment or strengthening of an early IP or patent position, cover up to $15,000 in project costs, including matching funds.
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| R&D Vouchers | $15,000 |
The R&D Vouchers program supports Newfoundland and Labrador based businesses who wish to access technical expertise and facilities required to support their research and development activities.
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| EmployR&D | $150,000 |
This program supports businesses in Newfoundland and Labrador who wish to hire recent doctoral graduates to support their R&D activities.
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| Climate Change Challenge Fund (CCCF) | $50,000 |
The Climate Change Challenge Fund (CCCF) is a competitive, application-based grant program designed to enable businesses, industry, municipalities, Indigenous organizations and public sector entities to undertake greenhouse gas reduction projects in Newfoundland and Labrador.
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| Pelorus Venture Capital Limited | $500,000 |
Pelorus Venture Capital Limited is a venture capital fund manager focused on seed stage companies in Atlantic Canada. Their Venture Newfoundland and Labrador LP fund focused on NL companies provides initial investments of $150,000 to $250,000, and up to $1.5 million in total over multiple rounds.
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| Industry Engagement | $15,000 |
Industry Engagement is one of the four streams of grant programs under Springboard Atlantic’s Innovation Mobilization Program. The Industry Engagement grants, meant to promote the development of effective regional partnerships with industry, cover up to $15,000 in project costs, including matching funds.
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| SensorTech | $750,000 |
SensorTECH contributes up to $750,000 per project over a maximum three-year period in the area of sensor research, development and demonstration in simulated and real operating environments to enhance remote sensing R&D capacity in Newfoundland and Labrador. Supported activities will focus on business and economic development opportunities, primarily in coastal, northern, and rural areas.
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| ArcticTech | $250,000 |
ArcticTech is an RDC-directed research program in support of Arctic technology development. The program supports two distinct R&D streams: academic-led R&D and business-led R&D. The target leverage ratio for collaborative partner funding is 2:1 (RDC: industry and other sources, including cash and quantifiable in-kind contributions), with the RDC contribution limited to a maximum of $250,000.
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| Aquaculture Capital Equity Program | $250,000 |
The objective of the program is to partner with companies to increase production from both hatcheries and marine sites in Newfoundland and Labrador.
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| Aquaculture Working Capital Loan Guarantee Program | $50,000 |
The Aquaculture Working Capital Loan Guarantee Program provides assistance to organizations with strong business and operational plans.
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| Seafood Innovation and Transition Program | $100,000 |
The purpose of this program is to provide support for innovation and sustainability for harvesting, processing and marketing of the Newfoundland and Labrador seafood industry.
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| AgriInvest | Various Amounts |
AgriInvest is one of the business risk management programs the Sustainable Canadian Agricultural Partnership (Sustainable CAP)
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| AgriStability | Various Amounts |
Payment support if production margins fall below 70% of the reference margin in a given year.
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| Food Security Research Grant | $131,000,000 |
The Government of Canada’s Food Security Research Grant is funding Indigenous-led projects that focus on food security and food access inequality in isolated northern communities.
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| Impact Loan | $25,000 | Low-interest loans for young entrepreneurs. |
| Economic Diversification and Growth Enterprises (EDGE) | Various Amounts |
The Economic Diversification and Growth Enterprises (EDGE) Program provides incentives to encourage significant new business investment in the province to help diversify the economy and stimulate new private sector job creation, particularly in rural areas.
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| Canada Newfoundland and Labrador Job Grant | $15,000 |
The Canada-Newfoundland and Labrador Job Grant (CNLJG) provides funding to eligible businesses and organizations to help offset the cost of training for their existing and future employees.
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| CBDC Youth Loan Program | $150,000 |
Provide loans to help young entrepreneurs develop their business ideas.
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| CBDC First-Time Entrepreneur Loan | $150,000 |
To encourage small business activity in rural Atlantic Canada by offering loans for use as an investment in eligible new businesses.
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| Small Business Tax Break | Various Amounts |
Reduced tax rate offered to small business owners in Newfoundland and Labrador.
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| Linkages | $10,226 |
Community based agencies interested in helping youth achieve their employment and career goals are able to host a job placement through the Linkages Program
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| Metro Business Opportunities Seed Loan Program | $20,000 |
The Seed Loan Program offers access to financing to business towards establishment, expansion or modernization of a commercial activity. It should be noted that if the principle shareholders is over the age of 35, the Seed Loan Program financing can be used only for start-up businesses.
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| Critical Minerals and Emerging Tech | Various Amounts |
Grant funding opportunity to support development of next-generation materials, critical minerals, and end products for a more competitive, modern, and sustainable minerals and materials industry.
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| Bioenergy and Circular Economy | Various Amounts |
Grant funding opportunity to support projects focused on renewable fuels, waste conversion and building a circular economy in plastics
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| Global Grand Challenges Network | Various Amounts |
Accelerating Catalyzing Solutions for Climate Change’s Impact on Health, Agriculture, and Gender
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| Humanitarian Grand Challenge: Transition to Scale | $1,500,000 |
$300,000 CAD up to $1.5 million CAD to fund groundbreaking, sustainable, and local solutions to pressing issues affecting communities touched by conflict
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| Grand Challenges Canada – Transition to Scale | $3,000,000 |
$250,000 to $3 M CAD in grant funding for global health innovations
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| National Arts Service Organizations | Various Amounts |
Grant funding opportunity for Canadian arts service organizations with mandates to promote and support the arts on a national level.
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| Representation and Promotion – Arts Across Canada | $30,000 |
Up to $30,000 of grant funding for travel linked to promotion and the development of new markets for Canadian artists and artistic works.
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| Market Access Strategy for Official Language Minority Communities Fund | $60,000 |
Up to $60,000 of grant funding to support Canadian professional artists, arts professionals, artistic groups and arts organizations who self-identify as belonging to an OLMC
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| Strategic Innovation Fund: Seed Grants | $25,000 |
Up to $25,000 of seed funding to kickstart small-scale innovation activities that explore and develop capacity, partnerships, and promising innovation ideas.
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| Search and Rescue New Initiatives Fund | Various Amounts |
Grant funding for projects that will improve Canada’s search and rescue system
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| Commercialization Consulting and Mentoring Program | $16,000 |
Up to $16,000 in grant funding to help Atlantic Canadian businesses and institutions in the final stages of commercialization.
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| Canada Digital Adoption Program | $15,000 | Up to $15,000 in grant funding for Canadian SMEs |
| R-LABS Entrepreneur-in-Residence | Various Amounts | Funding opportunity for real estate entrepreneurs |
| Safe x Connected Cities Accelerator | Various Amounts |
Safe x Connected Cities Accelerator – Funding opportunity for innovative startups
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| Arts Festivals and Presenters – Arts Across Canada | Various Amounts |
Grant funding opportunity for Canadian arts organizations to present and exhibit quality art and literary works to Canadian audiences
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| Artistic Institutions – Engage and Sustain | Various Amounts |
Grant funding opportunity for major Canadian arts organizations rooted in their communities and dedicated to supporting artists and a variety of arts practices
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| Artistic Catalysts – Engage and Sustain | Various Amounts |
Grant funding opportunity for Canadian arts organizations that play a pivotal role in nurturing artistic practices and respond to the evolution of creative communities across Canada
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| Thrive Impact Fund | $700,000 | Up to $700k in loan funding for impact driven companies |
| Canada-UK Critical Minerals: Sustainability and Circularity | $500,000 |
Up to $500,000 in grant funding for Canadian SMEs looking to start joint R&D projects focused on driving circularity in critical minerals
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| Access Support – Strategic Funds | Various Amounts |
Grant funding opportunity for individual applicants who self-identify as Deaf, having disabilities or living with mental illness, as well as groups and organizations that dedicate the majority of their resources towards supporting these communities
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| Digital Greenhouse | $50,000 |
Up to $50,000 in grant funding to support short-term projects that leverage digital technology
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| Digital Generator | $40,000 | Up to $40,000 of grant funding for artistic groups and collectives |
| Cultivate Grants | $250,000 |
Up to $250,000 in funding to implement, pilot and prototype innovation projects that address systemic issues and benefit the broader arts sector.
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| GMF funding | Various Amounts |
Grant and loan funding for sustainability projects that help municipalities adopt climate solutions faster
|
| Newcomer Entrepreneur Accelerator Program | Various Amounts | Accelerator program for newcomer-owned start-ups |
| Velocity Fund | Various Amounts | Funding opportunity for innovative startups |
| Venture Ready (VR) Pre-Incubator Program | Various Amounts | Funding and mentorship opportunity for early-stage start-ups |
| Techstars Remote Accelerator | $120,000 | Funding & mentorship opportunity for innovative startups |
| Business purchase or transfer financing | Various Amounts | Financing opportunity for merger and acquisitions |
| Financing for tech companies | Various Amounts | Funding opportunity for tech businesses |
| Working capital financing | $350,000 | Up to $350,000 in loan funding for working capital |
| Climate Tech Fund II | Various Amounts | Funding opportunity for clean tech startups |
| Creating, Knowing and Sharing Program | Various Amounts |
Mentorship and grant opportunity for First Nations, Inuit and Métis-owned organisations in the arts industry
|
| Explore and Create – Research and Creation | $25,000 |
Up to $25,000 in grant funding for artistic organisations to invest in R&D
|
| Women Entrepreneurship Loan Fund | $50,000 | Funding opportunity for Indigenous women entrepreneurs |
| Kensington Capital Partners | Various Amounts | Funding opportunity for innovative startups |
| Timia Capital | Various Amounts | Funding opportunity for innovative startups |
| League of Innovators Labs Accelerator Program Batch 11 | Various Amounts |
Mentorship and funding opportunity for young entrepreneurial leaders
|
| Canada-UK: Biomanufacturing of Biologics and Advanced Therapies | $900,000 |
Up to $800,000 in funding for innovative technology that enables flexible, scalable, efficient and cost effective manufacturing of novel biological therapeutic products and delivery systems.
|
| Good Fashion Fund | $2,500,000 | Funding opportunity for sustainable fashion startups |
| Closed Loop Plastics Fund | Various Amounts |
Funding opportunity for startups focused on the recovery and recycling of plastics
|
| Closed Loop Ventures Group | Various Amounts |
Funding opportunity for innovative startups in the circular economy
|
| Vevolution Collective | Various Amounts |
Funding opportunity for plant-based and cellular agriculture startups
|
| The Drive Ventures | $250,000 | Up to $250,000 in funding for innovative startups |
| Housing Accelerator Fund | Various Amounts |
Supports the development of complete, low-carbon and climate-resilient communities that are affordable, inclusive, equitable and diverse.
|
| The Canada Fund for Local Initiatives | $31,000 |
Up to $31,000 in grants for small-scale, high-impact projects abroad
|
| The Momentum $1,000,000 Challenge | $1,000,000 | Up to $1,000,000 in funding for promising startups |
| Canada-Germany Digital Media Incentive | $300,000 | Up to $300,000 in funding for digital media projects |
| Canada–France Co-development and Co-production Incentive for Interactive and Immersive Digital Media Projects | $150,000 |
Up to $150,000 in funding for virtual and augmented reality projects
|
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