The Provincial Agrifoods Assistance Program supports current farmers and new entrants to the province’s agriculture and agrifoods sectors. The program has two streams, focusing on land development and agriculture infrastructure. Funding priority is given to projects that enhance food self-sufficiency, increase agricultural growth or increase secondary processing of food products.

Eligible applicants must have reported a minimum of $15,000 in eligible agriculture sales in one of the last three years or qualify as a new entrant. To encourage and support new farmers in the industry, new entrants can qualify for up to $20,000 in funding under the Agriculture Infrastructure program.

The soils of Newfoundland and Labrador are naturally acidic and require the addition of agricultural limestone to neutralize soil acid, which can improve the efficiency of fertilizers needed for plant growth and enhance soil productivity. The increased efficiency of fertilizer through the application of limestone reduces the amount of fertilizers applied to agricultural land, thereby resulting in increased production, financial savings to farmers and reduced risk of agricultural non-point source pollution to surface and ground water. Limestone is used by most agricultural commodities in the province.

The Business Growth Program provides non-repayable contributions for projects or initiatives to assist businesses start, innovate, scale and improve sales locally, nationally or internationally.

Investments under the Business Growth Program will be aligned with the following priorities:

• Development and Commercialization

• Productivity Improvement and Innovation

• Knowledge and Technical Assistance

• Growth and Internationalization

IBDF is focused on investments to grow Newfoundland and Labrador’s oil and gas supply and service capabilities, including opportunities to diversify capacities in other energy sectors. The Department of Industry, Energy & Technology is administering the fund, ensuring coordination with the programs of the Innovation and Business Investment Corporation

The Green Transition Fund provides financial support to businesses, organizations, post-secondary institutions, and industry associations to assist with the province’s transition to a green economy. The program will de-risk commercial and non-commercial activities that facilitate collaboration, investment, and industry growth required for the transition.

The Green Transition Fund targets the greening of commercial operations in traditional sectors and development of new opportunities related to the growth of a green economy. The program supports research and development projects related to green transition and green economy supply chain improvement. The program includes streams for projects led by Indigenous and rural proponents that are focused on a green economic transition.

The Climate Change Challenge Fund (CCCF) is a competitive, application-based grant program designed to support projects that result in material greenhouse gas (GHG) reductions in Newfoundland and Labrador, to be implemented over four fiscal years (2024-2025 to 2027-2028). The CCCF is funded by the Government of Newfoundland and Labrador and is delivered by the Department of Environment and Climate Change (“the Department”). The objectives of the CCCF are to:
• Cost-effectively reduce GHG emissions that contribute to climate change.
• Improve energy efficiency and reduce energy costs through reduced GHG emission sources.
• Promote growth and job creation.

The Canada – NL Job Grant is an employer-driven, cost-sharing program that helps employers to invest in training for their existing and future employees. The grant provides eligible employers up to a maximum of $10,000 per year towards training an existing employee, and up to a maximum of $15,000 per year to train and hire an unemployed person. The employer must contribute at least one-third to the cost of training, with the exception of training an unemployed person. The result of training must be employment (from unemployment) or a better job. Decisions regarding eligibility of employers, participants, training providers, training programs and reimbursable costs will be made by the Department.

The Research and Innovation Fund Program (RIF) provides non-repayable contributions to noncommercial entities in Newfoundland and Labrador for the implementation of research and development (R&D) and innovation projects to support economic development in Newfoundland and Labrador. The goal is to support highly-qualified people, research, innovative programming and infrastructure in priority areas that have the potential to strengthen R&D capacity and the innovation ecosystem in the province.