Grant · not repaid

Innovation and Business Development Fund

Government of Newfoundland and Labrador, Department of Natural Resources and Energy Development · Newfoundland and Labrador

OpenGeneralExport
Funding
50% of costs
Covers 50% of eligible costs, no stated dollar cap
Deadline
Ongoing
Open, accepted on an ongoing basis (no fixed deadline).
Type
Grant · not repaid
Covers up to 50% of eligible costs
Company stage
SME

Overview

Non-repayable financial contribution covering up to 50% of eligible costs of projects that help grow and diversify Newfoundland and Labrador's oil and gas supply and service capabilities, including supply chain collaboration and export and diversification opportunities.

Who can apply

Not specified on listing - verify on program website

Not sure if you qualify?Book a call with SeedPort to see whether Innovation and Business Development Fund fits your company and what you would need to apply.
Book a call with SeedPort

What it can pay for

Business ExpansionExport

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 →

Similar programs

Business Growth ProgramGovernment of Newfoundland and Labrador, NL Department of Industry, Energy and Technology
Up to $200,000
Ongoing
Open
ACOA Business Development Program - Support for entrepreneursGovernment of Canada, Atlantic Canada Opportunities Agency
75% of costs
Ongoing
Open
ACOA Business Development Program - Support for non-profitsGovernment of Canada, Atlantic Canada Opportunities Agency
Ongoing
Open
Business Investment ProgramGovernment of Newfoundland and Labrador, Department of Industry, Energy and Technology
Ongoing
Open
Aquaculture Capital Equity ProgramGovernment of Newfoundland and Labrador, Department of Fisheries and Aquaculture
Equity up to $250,000
Ongoing
Open
CBDC First-time Entrepreneur LoanCommunity Business Development Corporations
Loan up to $150,000
Ongoing
Open

Last checked by SeedPort: Oct 15, 2026. SeedPort is not affiliated with the funder. Information is summarized from public sources and may be out of date.