Government Services for Entrepreneurs
Applies to: Newfoundland and Labrador
Access funding for exporting, commercialization and new technologies as a supplier to the oil and gas industry.
If your business is involved in manufacturing or service provision related to the oil and gas industry, you could receive up to 50% of total eligible costs for projects that have a minimum total investment of $1,000,000 and generate significant local employment and revenue. A higher percentage of up to 75% may be considered for projects that are outside of the Northeast Avalon Peninsula.
Funding comes in the form of a non-repayable contribution. Please note that you must submit a detailed business plan with your funding application.
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