Tax credit · not repaid

Direct Equity Tax Credit

Government of Newfoundland and Labrador, Department of Finance · Newfoundland and Labrador

OpenGeneral
Funding
35% of costs
Tax credit of 35% of eligible costs, no stated dollar cap
Deadline
Ongoing
Open, accepted on an ongoing basis (no fixed deadline).
Type
Tax credit · not repaid
Company stage
Early Stage / Startup, SME

Overview

Tax credit of 20% (North East Avalon region) or 35% (other regions) for individuals and corporations who invest as shareholders in Newfoundland and Labrador small businesses for start-up, modernization and growth.

Who can apply

  • Individuals and corporations who invest as shareholders in eligible Newfoundland and Labrador small businesses for start-up, modernization or growth purposes
  • the investee business must be located in Newfoundland and Labrador.
Not sure if you qualify?Book a call with SeedPort to see whether Direct Equity Tax Credit fits your company and what you would need to apply.
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What it can pay for

Business ExpansionCapital / Equipment

Past recipients

No public list of past recipients is linked for this program yet.

Official source

Program details change. Always confirm eligibility, amounts and deadlines on the official page before you apply.

Official program page →

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Last checked by SeedPort: Aug 10, 2026. SeedPort is not affiliated with the funder. Information is summarized from public sources and may be out of date.