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Commercialization Program

Commercialization Program

Government of Newfoundland and Labrador - Department of Innovation, Business and Rural Development

Applies to: Newfoundland and Labrador

As an incorporated business, you could get financing for up to 75% of total costs, to a maximum value of $500,000 per project, through either a direct equity investment or a conditionally repayable contribution.

Your project must:

Be based in Newfoundland and Labrador
Be innovative in a post-research stage of product and market development leading to full commercialization
Provide confirmation that sufficient investment and funding is available to complete the project
Provide confirmation that the company's management team has the required technical, financial, marketing and managerial expertise for the operation of an innovative business enterprise

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