Last verified: June 2026
This Newfoundland and Labrador program provides repayable term loans, and in some cases equity, to small and medium businesses in strategic growth sectors. Loans are priced at the Bank of Canada rate plus 0.5 percent and are meant to complement conventional financing where a need is shown. It also supports businesses with export potential looking to enter or expand in external markets.
Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.
Check my eligibilityCustomized loans and advances toward strategic investment costs (case by case)
INCENTIVELoans up to $750,000; non-repayable ABFP contributions up to 40% of expansion costs
INCENTIVEUp to $50,000