Administered by Government of Newfoundland & Labrador · Last verified: July 2026
This Newfoundland and Labrador fund offers customized financial assistance to attract large-scale businesses and foreign direct investment to the province. Support can take the form of loans or equity toward infrastructure, human resource, or other strategic costs of establishing or expanding operations. It requires a direct funding contribution from the inward investor and a project that would not proceed without the support.
Review times vary by program, from a few weeks to a few months, so check the official page for its timeline. Grant money is usually paid after you sign a funding agreement, and cost-shared programs often reimburse you once you send proof of what you spent.
Take the 3-minute quiz to find out, and see every other Canadian program you qualify for at the same time.
Check my eligibilityNewfoundland and Labrador Investment Attraction Fund is generally open to incorporated businesses, in Newfoundland & Labrador. Confirm the full criteria on the official program page before applying.
The estimated value is Customized loans and advances toward strategic investment costs (case by case). The actual amount depends on your eligible costs, the program's budget, and approval.
1. Confirm the project results from inward investment external to the province 2. Prepare a detailed business plan 3. Contact JGRD (InvestNL@gov.nl.ca) to submit a proposal
Rolling intake.
Repayable term loans at Bank of Canada rate + 0.5%; equity available in some cases
INCENTIVELoans up to $750,000; non-repayable ABFP contributions up to 40% of expansion costs
INCENTIVEUp to $50,000